News tagged with “source familiar”. Found:
9 tagged news reports.
Your Search Returned 9 tagged news reports
Bain in $1.1 billion deal for Citi's Bellsystem: sources
Tōkyō :: Japan | 18 days ago
Credibility
UL and a team of CVC Capital and Blackstone ( BX.N ), which had also made offers in the final round of bidding for Bellsystem24, the sources said, speaking on condition of anonymity because the talks are not public. Bain is working on final details and...
Tags: Bain Capital, Citigroup Capital Partners, Citigroup Inc, private equity, Japan, equity firms, Reuters, source familiar, billion yen, Tōkyō, Citigroup, Kohlberg Kravis Roberts, Bain & Company, Bain, Private equity firms, Nikko Cordial, Business Finance
CIT Group on Brink Of Collapse -- Again
Seattle :: WA :: USA | 2 months ago
Credibility The future of CIT Group, one of the nation's largest lenders to small businesses, was in doubt Wednesday as the firm sought a deal with bondholders that would help it avert a collapse and preserve the federal government's $2.3 billion stake in the company,...
Tags: CIT Group Inc, CIT Board Meeting, restructuring plan, Reuters Restructuring Summit, source familiar, commercial lender, unsecured debt, debt exchange, prepackaged bankruptcy
Toyota Talks Batteries With Sanyo
Tōkyō :: Japan | 3 months ago
Credibility Toyota Motor Corp. and Sanyo Electric Co. are discussing the possibility of the auto maker buying batteries from Sanyo for hybrid gasoline-electric vehicles, a person familiar with the situation said. The discussions between the two companies come amid...
Tags: Sanyo Electric Co., Technology › Toyota, Toyota Motor, Japan, buy batteries, Nikkei, Reuters, electric bicycles, hybrids cars, source familiar
GM to pull the plug on Pontiac
Pontiac :: MI :: USA | 7 months ago
Credibility General Motors is preparing to announce that the Pontiac car brand, once marketed as GM's "Excitement division," will be killed off, according to a source familiar with the decision...GM spokesman Jim Hopson declined to comment on Pontiac's fate, saying...
Tags: GMC, Pontiac South Bay, Pontiac Solstice, pontiac brand, General Motors Corp., U.S, source familiar
GM preparing for bankruptcy
Rome :: NY :: USA | 7 months ago
Credibility Preparations for a possible bankruptcy filing at General Motors have become "intense and earnest", according to a source familiar with the company's plans. The source, who spoke on the condition of anonymity, said GM still hopes to win concessions from...
Tags: General Motors Corp, Chrysler, source familiar, Jim Press, gaining momentum, successful units, profitable units
Chrysler already preparing to leave Canada if CAW deal isn't reached
Toronto :: Canada | 8 months ago
Credibility A source familiar with Chrysler's labour objectives said the company has already started considering “alternative locations with more competitive cost structures” for its Canadian operations, which employ about 10,000 hourly workers at assembly plants...
Tags: Chrysler, General Motors Canada, Ont, CAW, source familiar
Roche seen sealing Genentech deal after upping bid
South San Francisco :: CA :: USA | 8 months ago
Credibility Roche increased its offer to buy the 44 percent of Genentech it does not already own by 7.5 percent late on Friday and reiterated it was confident of a successful conclusion to the drawn-out takeover battle. "We consider the offer price to be adequate.
Tags: Roche-Genentech, Genentech Inc, Genentech Stock Jumps, Roche Holding AG, Wall Street Journal, takeover battle, successful conclusion, share deal, source familiar
AIG gets bids from MetLife, Axa
Manila :: Philippines | 9 months ago
Credibility American International Group Inc received bids from MetLife Inc and Axa SA for its American Life Insurance Co unit, media reports said on Tuesday, citing people familiar with the situation. MetLife made a preliminary offer of $11.2 billion for the life...
Tags: AIG, U.S, Reuters, source familiar, MetLife Inc, Philamlife, American International Group Inc
Report: Notre Dame picks AD
Indianapolis :: IN :: USA | about 1 year ago
Credibility After a month and a half, Notre Dame�s search for a new athletic director appears to be over with an unfamiliar name surfacing at the top. Indianapolis attorney John �Jack� Swarbrick is expected to be named the new Irish AD this week, according...
Tags: Indianapolis Swarbrick, Jack Swarbrick, athletics director, Indianapolis Sports Corp., Chicago Tribune, indianapolis attorney, attorney jack, source familiar
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