Industry

Packing up

Industry professionals concur that times are tough. They cannot agree on the best solutions; nor can they entirely understand the options for troubled assets

UK - RBS rejects £5bn bid from BC and Apollo

RBS has decided to terminate the sales process for its UK insurance arm after rejecting a bid jointly put forward by BC Partners and Apollo Management, which valued the business at around ТЃ5bn.

UK - Administrations double in Q4

Further evidence of the growing impact of the economic downturn on businesses was provided today by new figures published by the Insolvency Service, which reveals that the number of administrations in Q4 2008 across England and Wales doubled in comparison...

EUROPE - Baugur to collapse

Baugur is set to go into administration after its main banker, Landsbanki, ended restructuring talks with the once-prolific Icelandic investor.

  • GPs
UK - PILOTpartners launches

PILOTpartners, a new advisory business specialising in turnaround situations, has been launched by James Wheeler and Michael Gebauer, who have spun out from exectuvie recruitment specialists Ashton Penney.

Allocation concerns dominant among LPs

A new report shows that the declining value of liquid assets and continuing dearth of divestment opportunities is resulting in increasing liquidity worries amongst limited partners. By Ashley Wassall