Tuesday, 22 January 2019 10:49 pmStrange. Betaville has to admit it's puzzling that there was no deal announcement following yesterday's definitive report from the Wall Street Journal about the £3 billion takeover of RPC by Apollo being announced today.
Monday, 21 January 2019 8:07 pmOh look: now the venerable Wall Street Journal and my former employer, The Daily Telegraph, are reporting Apollo's £3 billion takeover of RPC is set to be announced tomorrow morning.
Monday, 21 January 2019 3:17 pmBloomberg have just chucked out a piece saying the lending banks, including HSBC, have "underwritten a multi-billion leveraged debt financing to back" the buy-out of RPC by Apollo Global Management.
Friday, 18 January 2019 7:08 pmApollo, the private equity firm, is said to have lined up HSBC to finance its £3 billion plus leveraged buy-out of RPC, the plastics company, but it's not clear whether the bank's credit committee has approved the loan for takeover deal.
Monday, 31 December 2018 5:30 pmOn the cusp of the New Year Betaville thought looking backwards might be useful excercise to figure out what 2019 holds, especially for those bankers, lawyers and investors looking to get involved in dealmaking next year.