Cerberus will invest the first $2bn (€1.4bn) of ... Earlier, Cerberus had resisted making further investments in ... The US private equity firm said the funding ... The buyout firm also said that concessions by ... To accomplish that, Cerberus said it will offer...
As bad as the news has been for ... Recent mention of Cerberus has been mostly about ... The companies represent only two investments in a ... In the case of Chrysler, given its pleas ... Last week, Cerberus accused Daimler, Chrysler’s previous parent, ... GMAC has applied for bank holding company status...
As bad as the news has been for ... Recent mention of Cerberus has been mostly about ... The companies represent only two investments in a ... In the case of Chrysler, given its pleas ... Last week, Cerberus accused Daimler, Chrysler’s previous parent, ... GMAC has applied for bank holding company status...
The agency that protects US pension plans raised ... The US Pension Benefit Guaranty Corporation this week ... The agency is "concerned" that using pension funds ... Detroit's pension plans currently are overfunded and are ... The funding of Detroit's plans in the next...
The agency that protects US pension plans raised ... The US Pension Benefit Guaranty Corporation this week ... The agency is "concerned" that using pension funds ... Detroit's pension plans currently are overfunded and are ... The funding of Detroit's plans in the next...
Daimler on Wednesday said that discussions to sell ... Cerberus, in turn, alleged that Daimler “intentionally and ... The German carmaker said that the buyout firm ... The private equity firm signalled potential legal action,...
Daimler on Wednesday said that discussions to sell ... Cerberus, in turn, alleged that Daimler “intentionally and ... The German carmaker said that the buyout firm ... The private equity firm signalled potential legal action,...
General Motors on Friday revealed that it was ... Without naming Chrysler, GM declared it had halted ... The move came after the automaker postponed reporting...
The US Treasury Department has rebuffed a request ... The department said instead of providing new assistance ... GM and Chrysler are unlikely to craft a...
General Motors has apparently emerged as the lead ... The Renault-Nissan combine emerged last month as a ... Cerberus, which acquired Chrysler in August last year,...
US Treasury is likely to finance merger between ... The complex merger being negotiated by GM and ... It is believed that the financing units of ... White House spokeswoman Dana Perino on Monday ... The government loan, which may total about $5bn,...
US government is looking at a range of ... The complex merger being negotiated by GM and ... It is believed that the administration is willing ... Another option involves tapping a $25bn loan programme...
More than 40 elite investors, who shelled out ... Investors, ranging from Citigroup to Third Point, along ... The investors in the deals - valued at...
More than 40 elite investors, who shelled out ... Investors, ranging from Citigroup to Third Point, along ... The investors in the deals - valued at...
US car giants GM and Chrysler are engaged ... The discussions are believed to have been facilitated ... Cerberus has apparently offered swapping Chrysler’s automotive businesses...