January 10, 2013
SUPERVALU Announces Definitive Agreement for Sale of Five Retail Grocery Banners to Cerberus-Led Investor Group
MINNEAPOLIS, Jan 10, 2013 (BUSINESS WIRE) -- SUPERVALU Inc. (SVU) announced today a definitive agreement under which it will sell its Albertsons, Acme, Jewel-Osco, Shaw's and Star Market stores and related Osco and Sav-on in-store pharmacies (collectively, the "Banners")…
January 4, 2013
Investment supports continuity in management and strategy for 1,100-strong pub group Admiral Taverns (“Admiral”), the tenanted pub group, today announced that it has been acquired by an affiliate of Cerberus Capital Management, L.P. (“Cerberus”), one…
December 18, 2012
NEW YORK, Dec. 18, 2012 /PRNewswire/ -- We were shocked and deeply saddened by the events that took place at the Sandy Hook Elementary School in Newtown, CT on December 14, 2012. We cannot comprehend the losses suffered by the families and friends of those killed by…
June 7, 2012
NEW YORK, June 7, 2012 – An affiliate of Cerberus Capital Management, L.P., one of the world's leading private investment firms, has completed the sale of Guilford Mills, a global leader in automotive and specialty fabrics, to Lear Corporation, a leading global…
May 16, 2012
FRANKFURT and LONDON, 16 May, 2012 – An affiliate of Cerberus Capital Management, L.P. (“Cerberus”) has entered into a definitive agreement to acquire the assets of distressed company, Speymill Deutsche Immobilien Company plc, from the Receivers.
May 9, 2012
TUCKER, Ga., May 9, 2012 – YP Holdings LLC (“YP”), which combines the assets of AT&T Advertising Solutions and AT&T Interactive into North America’s largest local search, media and advertising company, launched today with the closing of the…
April 17, 2012
NEW YORK, April 17, 2012 – In the largest broadly syndicated or middle market CLO closed this year, Cerberus Business Finance LLC announced today that it has priced an $833 million CLO, A5 Funding L.P. which will support Cerberus’ middle-market loan origination…
March 9, 2012
NEW YORK, March 9, 2012 – Cerberus Capital Management, L.P. (“Cerberus”) and Robert L. Nardelli today announced that Nardelli has transitioned to a role as Senior Advisor to Stephen A. Feinberg, CEO of Cerberus...
December 22, 2011
Covis Pharma to Acquire U.S. Rights from GlaxoSmithKline for Fortaz®, Zinacef®, Lanoxin®, Parnate®, and Zantac® Injection
ZUG, Switzerland, December 22, 2011 – Covis Pharma Sarl ("Covis Pharma"), a Switzerland-based specialty pharmaceutical company owned by affiliates of Cerberus Capital Management, L.P., today announced an agreement with GlaxoSmithKline to acquire full commercial rights…
December 20, 2011
NEW YORK and LONDON, December 20, 2011 – Cerberus Capital Management, L.P. ("Cerberus") today announced that Allen Ukritnukun has joined the Firm as head of European Corporate Distressed Trading and Investing.