buy out

Management Buy-out(MBO), is the management of target(company) through the leveraged financing to complete the buy-out of the company.

This could be a global or a regional player, but buy-out firms would be unlikely to match the profile, he said.

As if the buy-out issue was not bad enough, banks face a bigger danger elsewhere, linked to the subprime-mortgage crisis.

Management have rejected the idea of a private equity buy-out, but have still been forced to call an EGM to explain themselves next month.

Keith Everson led the buy-out of the company, which is to be known as Sussex IM, and will continue to run the operation.

But the US buy-out group said the new environment could help boost returns over the long term.

It could be structured as a leveraged buy-out, with an investor raising debt backed by German guarantees.

But if Datang and the emerging mainland clique make his life difficult, I could easily see him accepting a buy-out in the next few months.

None of TPG's competitors has done a buy-out to take full control of a Chinese company in recent years on the mainland.

Morgan Stanley is pushing ahead with a return to the business, hoping to raise up to $5 billion in a buy-out fund.

The grandson of a shepherd, he made his fortune from a leveraged buy-out of a property developer, Nexity, in 2000-01.

Last August Philips announced that it was selling a majority holding of its semiconductor business to a private-equity buy-out led by KKR.

But buy-out firms remain interested in First Republic, a private bank that Bank of America has been trying to sell.

But investors may not be so content with some recent deals in Asia, whether out of Carlyle's growth fund or its big buy-out fund.

Terra Firma acquired EMI in a leveraged buy-out in 2007 and has struggled with a loan it obtained from Citi to fund the deal.

Buy-out groups in the US are having their busiest month on record after launching nearly $82bn-worth of bids since the beginning of May.

A judge in Delaware ruled that Apollo Management must proceed with its buy-out of Huntsman, a chemical company.

Today private-equity types are quick to admit things got out of control, just as in the buy-out booms of the late 1980s and 1990s.

The buy-out industry itself is predicting that almost a fifth of its deals will run into trouble in the next three years, it adds.

Kohlberg Kravis Roberts, one of the world's largest buy-out groups, is soon expected to announce the closing of a $4bn Asia fund.

In previous years partners in the largest American buy-out firms are said to have raced their private jets across the Atlantic.

The value determined by the Independent Appraiser shall be the value adopted by the Parties for purposes of this buy-out provision.

Though some of the money was used to buy out early investors and employees, it's still a huge sum in Silicon Valley.

The Roosevelt administration demanded no fiscal transfers from them, and it did not buy out their debt.

The stock market had soared but was beginning a descent and none of the buy-out groups wanted to pay peak prices.

Top of the list was the $3. 9bn consortium buy-out of Extended Stay, a financially distressed hotel chain.

Jets chairman Ken Edwards said the club had even offered to buy out the remaining year of Griffiths's contract.

Buy-out groups may also be tempted to refinance a company's balance sheet to pay dividends to equity holders.

Under local law, a buy-out must be approved by more than half the shareholders that are not party to the acquisition.

Whereas buy-out groups consider America a maturing market, they regard the old world, especially continental Europe, as a land of promise.

Many criticised it for being slow to do deals in the buy-out boom and for sitting on too much cash.

The mere threat of a buy-out also helps keep managers at all listed firms on their toes.

Moreover, the competition is becoming fiercer. A new generation of local Chinese talent has left the big buy-out firms to start new funds.

The failure followed the company's thwarted attempt to buy out Sunday Communications, its mobile arm, in 2005.

News of the offer, which values the company at 41% more than before buy-out talks began, saw shares rocket 20%.

The participation of foreign investors and buy-out funds are also likely to be limited.

Favorite I advise you to buy out his all share of power.

The trial was a referendum on who bears responsibility for the excesses of the buy-out boom.

This may all be very confusing to the visitor. Which is the best product to buy out of hundreds to choose from?

The remnant of the car industry is trying to buy out its Buffalo workers.

Much of the attention has been negative, rattling the nerves of buy-out executives more accustomed to conducting business in private.

The sale comes at a critical time for the European buy-out group which is in the middle of the fundraising for its next fund.

One cautionary tale is Bally, the Swiss shoemaker bought by US buy-out firm TPG in 1999, the peak of the last stock market bubble.

Such companies look ideal from the point of view of buy-out groups.

The deal is the largest buy-out so far this year in the beleaguered retail industry, according to Dealogic, a research firm.

That provides more of an opportunity for buy-out funds backing the executives to avoid an auction.

The buy-out group had originally overpaid. The deal is now being renegotiated.

The petrochemicals industry is cyclical, but caution was in short supply as the buy-out cycle neared its end.

Mr Shah wants to buy out the residents and replace their embarrassing edifice to socialism with a new tower called Confidence Shanghai.

Larger companies often buy out smaller companies that are having financial difficulties.

Carlyle has 50 buy-out professionals in Asia, having had a presence in the region since the late 1990s.

And Beijing will presumably want its investment in the buy-out group to do as well as possible.

At the time, the buy-out barons argued that diversity would protect them.

We are now financially sound enough to buy out the next failure.

Buy-out funds currently have around $492 billion in "dry powder" , or unallocated capital, that built up during the downturn.

In the boom years of 2006-07 nothing, it seemed, could constrain the leveraged buy-out (LBO) industry.

But the bloated buy-out barons, particularly the leveraged flippers of existing businesses, need no special favours.

The two are to be the first securities firms to establish their own buy-out funds.

That moment could be etched into the memory of buy-out executives for years to come.

A merchant someday heard the news about the secrete recipe. He decided to buy out the recipe at price of one hundred liang of gold.

Following Blackstone's lead, big buy-out firms continue to tap the public markets for fresh capital.

A few years ago GM spent more than a billion dollars to buy out the retailers affected by its decision to eliminate its Oldsmobile brand.

On June 5th buy-out funds run by TPG and Goldman Sachs sold Alltel, an American cellular operator to Verizon Wireless at a slight premium.

He had been trying for some time to buy out his parter.

It is not clear if the JPMorgan fund will make a direct investment or buy out existing investors and shareholders with Twitter's approval.

The bigger problem for buy-out firms is posed by long-standing restrictions on bank takeovers by non-financial firms.

The moves show that leveraged buy-out firms are realising the credit squeeze may last longer than first expected.

Buy-out funds would also be banned from selling their lenders for three years under the plans.

The 30-year-old firm is the biggest buy-out victim of the crisis so far.

The interplay between private and public markets has also been instrumental in the recent rise of buy-out funds.

If a founder wants to sell his stake in a publicly traded buy-out firm, he is currently taxed at a capital-gains rate of 15%.

The fund is a so-called secondary fund, which buys investors' holdings in private equity and buy-out funds.

The first big test for the buy-out industry will be Kohlberg Kravis Roberts' $28bn takeover of First Data, the credit card processing group.

After last year's court victory, Martin Wheatley, the SFC's chief executive, said the inquiry into the buy-out bid would continue.

"Buy-out groups are living dangerously, " said Steven Bavaria, head of S&P's bank loan ratings business.

Venture capital has been overshadowed in recent years by the rapid rise of big leveraged buy-out funds.

Buy-out firms complained that banks which were supposedly advising or lending to them sometimes snatched deals from under their noses.

A failed airline buy-out finished the debt-fuelled boom at the end of the 1980s; the entire housing market went wrong in 2007.

morgan stanley and jp morgan chase , for instance , both spun off their buy - out arms to managers.

It added that Nauphal is seeking to buy out the funds with the backing of one of several interested private equity firms and trade buyers.

whether the buyer has buy out documentary evidence.

This anomaly has been attacked by a recent trades union campaign against buy-out firms.

On the day of the Tonghua incident, the provincial government ordered Jianlong to abandon its plan to buy out the steel plant.

Buy-out firms have squeezed spreads on loans and bonds to levels that make bankers' eyes water.

The buy-out seemed to benefit both companies, sending shares in both soaring around 15%.

India is the latest Asian country to attract the attention of the world's leading buy-out funds.

The financial crisis hit some of Europe's largest buy-out funds hard.

Much of the debt at companies that buy-out firms purchased at the market's peak will fall due between 2012 and 2014.

The credit crunch continues to render buy-out investors unable to secure the debt they need to buy expensive assets.

Blackstone's 2003 buy-out fund had a net internal rate of return (IRR) of nearly 40%.

During the buy-out boom, general partners could levy high fees and investors would still flock to them.

"I'm very interested in all these places, " said Ted Forstmann, the US leveraged buy-out billionaire who controls IMG.

A once-revered buy-out firm is going under. Who's next?

Several firms have large dollops of their own capital in buy-out funds, which also generate fees for their advisory and lending arms.

KKR, a pioneer in the leverage buy-out business, is best known for its $30bn takeover of RJR Nabisco two decades ago.

Buy-out groups must brace for greater shocks to their business model than the taxation of carried interest as income alone.

KKR, an American buy-out firm, has plans to raise a $6 billion Asian fund, an amount the crocodiles would kill for.

Buy-out firms have been good at acquiring companies.

Buy-out types now talk enthusiastically of banks as being "pre-levered" .

Holly: Yeah, people always buy out the stores before the big holidays.

Once in power, such oil-rich governments are hard to dislodge, spending vast public resources to buy out or repress political opponents.

In 1998 Tom Hicks, a leveraged-buy-out specialist, bought the Rangers for $250m from a group of owners that included George W. Bush.

But most buy-out chiefs are preparing for a long-term reversal of the trends of the past 18 months.

But there is no denying that banks compete with buy-out firms, too.

UK buy-out groups have responded by promising a voluntary code of conduct.

The big banks agree to buy out the little banks at an appropriate discount.

The Carlyle Group has raised $2. 55bn for its third Asian buy-out fund, underlining investor interest in emerging markets.

Kraft initially agreed to the buy-out offer, but then changed its mind and demanded another $200m, according to Starbucks.

Look like they're already eliminated the men they couldn't buy out.

"We are not a buy-out firm, we are a buy-in firm, " Mr Chu said.

In addition, "on average LBO (leveraged buy-out) funds returns net of fees are lower than those of the S&P 500" .

The fashion company Burberry says it has agreed to buy out its franchisees in mainland China.

Maybe we could buy out the river station ourselves.

The buy-out firms reckon there is money to be made from the ageing of populations in rich countries.

In reality, the buy-out industry had its biggest-ever binge just before the bust began.

In the corporate world, for example, mainstream companies are now better able to compete against buy-out rivals.

Some buy-out groups have already compromised on fees.

The corollary is that productivity improves at companies that have undergone a buy-out.

Enter PE investors to buy out the American shareholders, delist in the U. S. , and then cash out by re listing in China.

ex: Top management is planning a management buy-out.

The results sent Blackstone shares down 7 per cent to $22. 57 by noon in New York, delivering a blow to the buy-out group's management.

Something similar happened at TDC, a Danish telecoms company acquired last year in Europe's largest leveraged buy-out so far.

Management Buy-out (MBO) is a new mode based on the traditional theory of merging.

Because the mega buy-out groups raised $10bn-plus funds and floated on stock markets, investors say their alignment of interests is weaker.

In May he joined forces with EQT, a Swedish private-equity company, to buy out Gambro, a Swedish medical-technology company.

the buy-out house forgoes management fees on the uninvested capital.

State-owned steel giants have cut deals to buy out more profitable and often more efficient private competitors.

We need bonzi. Should buy out mcgrady's contract.

so I could take back the money he stole from Meade in order to use it to buy out Hartley.

Yet he expects buy-out firms to seek established brands that they can develop rather than riskier start-ups.

Buy-out firms have to bring more to the table than a keen eye for value, however.

The surge contrasts with the total value of buy-out investments, which fell 35 per cent in China and 85 per cent in India.

Though Ferrovial was much smaller than BAA, the consortium it led beat buy-out specialists, such as Goldman Sachs.

The government provides the rest of the cash and gives the fund a reasonably priced option to buy out its stake.

Which is the best product to buy out of hundreds to choose from?

If so, the Parties shall proceed with the buy-out provisions under this Article 20. 3.

It claims that Starbucks offered $750m to buy out the business in August.

What would it cost for conservation groups to buy out the leases ?

Just buy out her contract.

Another twelve to buy out the hotel.

Hong Kong's market regulator is trying to block Mr Li's buy-out of PCCW.

There is a bolder option: a management buy-out.

Wow, did you buy out the bookstore?

The firm recently raised a $13. 5 billion buy-out fund called BCP VI.

That is part of the reason why the buy-out market in India hasn't really presented itself.

A rival store owner offered to buy out my grandfather, but he refused.

Large buy-out firms have all kinds of reasons to want to avoid hotly contested auctions for big companies.

The idea came from buy-out and hedge funds.

Yahoo invested $1 billion in Alibaba in 2005, but Alibaba has made clear it wants to buy out Yahoo's stake.

The average buy-out has tripled in size since 2005, to $1. 3 billion.

"Buy-out Price" has the meaning as defined in Article 20. 3 (b).

According to Preqin, a research firm, the median net IRR of large 2006 vintage buy-out funds was -11. 9%.

Much of the debt raised was used to bankroll a leveraged buy-out of the then Hong Kong-listed company in 2005.

The offer by Sir Run Run would be the latest in a series of buy-out deals in Hong Kong's media industry.

He had enough money to buy out the island.

GAC yesterday unveiled a proposal to buy out the company and secure its own listing on the Hong Kong exchange through a share swap.

you must to perfecting the relevant legal system, to managers as a management buy-out to confirm the validity of the subject;

Last year was generally a dismal one for private equity investors looking to buy out state-owned enterprises in China.

In the third quarter, buy-out activity was the highest since early 2008, rising to $62. 9bn from $24. 4bn in the same period last year.

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how can cs trade co . expect to buy out our company