M&A
M&A
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Over the last two weeks, at least half a dozen lenders to mid-size businesses actively fundraising in North America and Europe have canceled appointments or travel plans to meet with prospective investors due to the continuing spread of the coronavirus.
March 11 -
The North Carolina company will hold onto the loans after the Fed's decision to slash interest rates.
March 11 -
If JPMorgan, Credit Suisse and Macquarie Group aren’t able to find enough takers of bonds and loans funding El Dorado Resorts' acquisition of Caesar's Entertainment, they may have little choice but to offer the debt at a steep discount.
March 9 -
Compliance, risk management and staffing will likely come under added scrutiny as regulators lay out a framework for future fintech-bank mergers.
March 5 -
Asset manager PGIM Inc. is looking to at least triple its investments in the growing direct lending market where it wants to compete with banks to fund mid-size companies outside of the buyout space.
March 4 -
The acquisition of the Texas-based lender will help Regions expand its offerings to small businesses while adding about $2 billion of loans to the bank's balance sheet.
February 27 -
The heads of the two companies explain how the deal came about, what hurdles they face and how they plan to mash up their very different operations.
February 20 -
Investors are reacting skeptically to the auto lender's deal to acquire CardWorks for $2.65 billion.
February 19 -
The deal for Boston-based Radius would be the first in history in which an online lender buys a mainstream bank.
February 18 -
The company asserted in the statement that S&P’s action was driven more by the distressed trading levels of Serta’s loans in the secondary market rather than the company’s “financially solvent” status.
December 30