What Would You Ask Buffett?
DealBook will be live blogging the Berkshire Hathaway annual shareholder meeting on Saturday. Tell us what questions you would like to see Warren E. Buffett answer.
Charles Crowell/Bloomberg
Stephen Schwarzman, chief executive of Blackstone Group
Blackstone Buys Australian Real Estate Firm
Blackstone has agreed to buy Valad Property Group for about $227 million, taking on the Australian real estate firm’s $655 million worth of debt as well.
Simon Dawson/Bloomberg News
Arif Naqvi, Abraaj Capital's chief executive.
Mideast Private Equity Pioneer Looks Beyond the Unrest
Turmoil in the Middle East has brought private equity activity in the region to a near standstill, but Arif Naqvi of Abraaj Capital is looking to buck the trend.
A Conspicuous Absence at Berkshire Meeting |
David L. Sokol’s abrupt resignation last month from Berkshire Hathaway will surely be a major topic at the company’s annual meeting this weekend, The New York Times reports. Read More »
Loan Market Rally Buoying Private Equity |
Buyout firms have reaped $425 million so far this year by getting better loan terms and being able to refinance existing debt, according to data compiled by Bloomberg. Read more »
Ramin Talaie/Bloomberg News
American Apparel Gets $14.9 Million in Financing
The deal is a lifeline for the clothing retailer, which had warned a month ago that it might have to file for bankruptcy.
Jonathan Ernst/Reuters
David Rubenstein
Private Equity’s Love Affair With China
Private equity executives have long been enamored of China. But the Carlyle Group’s David Rubenstein believes that the country will grow – as the United States continues to decline.
Carl C. Icahn is one of Lawson's largest shareholders, with an 8.7 percent stake.
Lawson Software Agrees to $2 Billion Buyout
Lawson Software is being acquired by an affiliate of the private equity firm Golden Gate Capital, in a $2 billion deal.
Blackstone’s $3.6 Million Gift |
Stephen A. Schwarzman of the Blackstone Group talks with Bloomberg Television about his charitable foundation’s $3.6 million donation to support entrepreneurship and job creation in North Carolina’s Research Triangle. Read more »
J. Scott Applewhite/Associated Press
Meet Buffett’s Bodyguard
Every time Warren E. Buffett strolls through the crowd, shakes a hand or takes a question at the annual Berkshire Hathaway shareholder meeting this weekend, Dan Clark and his staff will be there, The World Herald of Omaha reports.
Blackstone Says Plain L.B.O.’s Are Too ‘Pricey’
According to Blackstone’s president, Hamilton E. James, the traditional leveraged buyout is just too expensive to pull off at the moment.
Chester Higgins Jr./The New York Times
Stephen A. Schwarzman, Blackstone's chairman and chief executive.
Blackstone Earnings Leap 58% on Real Estate Gains
The investment giant reported its strongest earnings since it went public nearly four years ago, helped by improving real estate markets.
Philippe Lopez/Agence France-Presse — Getty Images
A ceremony for Fosun-Club Med deal.
Riding China’s Growth to Deals Elsewhere
With valuations in China rising, local investors are looking for undervalued foreign companies that could become significant players at home.
Lucas Jackson/Reuters
Bank of America to Spin Off Buyout Arm
The decision follows other splits and departures by banks as financial institutions move to comply with the Volcker rule.
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