Glockner: Quick refresher on first two months Jan 1, 2008
Nov. 7 Gardner-Webb 84, No. 22 Kentucky 68 Two months of evidence -- UK is now 5-6 and also has lost at home to UAB and San Diego -- make this second-round CVC game look a bit less shocking. A very little bit. (ESPN -- College Basketball)
Crown to buy Cannery Casino Resorts to expand in the U.S. Dec 13, 2007
9 billion, last year by selling the company's media assets into PBL Media, a joint venture with the buyout firm CVC Asia Pacific. In June, he sold a further 25 percent stake to CVC. He returned 2 billion dollars of cash to shareholders. (International Herald Tribune -- Business Asia)
The stars of 2007 Dec 13, 2007
Following his father Kerry's death in December 2005, James Packer sold three-quarters of his television interests to private equity company CVC Asia Pacific, his PBL company moving from full ownership of the network to a 25% share. In September, David Gyngell announced his return to Nine as CEO. The seventh chief executive in less than six years, Gyngell had resigned the position in 2005 after 11 turbulent months. (The Age, Australia -- Entertainment)
Nine to sell Sydney studios, Melbourne next Dec 9, 2007
Nine's majority owner, private equity group CVC Asia, put the land in the two states on the market in preparation for its move to new, inner-city digs ... The property sale reflects the private equity business model to have overtaken Nine since CVC bought a 75 per cent stake in Nine's owner, PBL Media, this year, paying the old Publishing and Broadcasting Ltd $5 billion. (Sydney Morning Herald -- Business)
CVC ad campaign boosts hotel reservations Dec 6, 2007
The CVC, in partnership with St. Louis County and the St. Louis Area Hotel Association, invested $700,000 in the Winter Magic advertising campaign, which includes print and radio ads running within a 200-mile radius of St. Louis ... Since the campaign's launch, more than 12,000 new visitors have logged onto the CVC's Web site, , and hotel reservations made through the site have increased 58 percent, as compared to November 2006 ... "Customarily we've spent all our resources focusing on the... (St. Louis Business Journal, MO)
Mission incredible Nov 26, 2007
The lost income will hit it hard, a realisation that has finally jolted Nine's new majority stakeholder, CVC Asia Pacific, out of its inertia. With this year lost and 2008 and 2009 almost certain to follow, 2010 becomes a tantalising, if distant, twist to the tale. (Sydney Morning Herald -- Entertainment)
Canada casino bid nears finish line Nov 13, 2007
5 billion it banked after selling half of its media assets to CVC Capital Partners last year. The deal was announced in April but it has taken this long to get regulatory approval from national regulators as well as those in Alberta and British Columbia. (Sydney Morning Herald -- Business)
Is it healthy for the NHS to go private? Oct 30, 2007
After a heated auction that attracted the attention of Guy Hands' Terra Firma group, BC Partners and CVC Capital partners, Bupa's 26-strong hospital portfolio was snapped up by Cinven for a higher-than-expected 1. 4bn. (Guardian Unlimited)
NPP Chapter Toronto on Democracy Oct 29, 2007
One of the Committees, the Citizens Vetting Committee (CVC), under the chairmanship of Kwamina Ahwoi, former Lecturer in Law, University of Ghana, whose mandate was to probe wealthy Ghanaians and confiscate their properties as well as forfeiting their ill-gotten money, lined their pockets with the moneys ceased. When the late Dr. Hilla Limann assumed office as President after being elected democratically, he felt the burden of the nations responsibility weighed very heavily on his shoulders... (Ghana Web, Ghana)
Measuring Rawlings-Kufuor Oct 20, 2007
The citizens, the Commission reveals, were presumed to be corrupt, and many were put before the National Investigations Committee (NIC) and Citizens Vetting Committee (CVC) to explain how they came by their wealth. And that those soldiers positioned behind such persons undergoing this interrogation, administered slaps, beatings and military drills, under orders from civilian personnel. (Ghana Web, Ghana)
CVC's top partners share 250m Oct 15, 2007
CVC's top partners share 250m - Telegraph ... CVC's top partners share 250m ... One of Europe's largest private equity firms, CVC Capital Partners, paid its top partners a total of around 250m last year. (Telegraph.co.uk)
If only we'd had Pepp in 1987 Oct 13, 2007
The new private equity majority owner of PBL Media, CVC Private Equity, has found an innovative way of keeping its emp 00004000 loyees quiet during the week. While the now departed Kerry Packer preferred Christmas hampers, the PBL Media issued a directive to staff at its Park Street premises about "Sydney's moth infestation". (Sydney Morning Herald -- Business)
Mike And Tish Brey Named Recipients Of 2007 March Of Dimes Franklin D. Roosevelt Award Oct 10, 2007
Within the South Bend and Michiana area, Mike and Tish have been recognized for their tireless dedication and commitment to the Coaches vs. Cancer (CVC) Program that annually produces record-setting numbers for the area's fight against cancer. Notre Dame ranks as a leader among universities and colleges across the country in monies raised for CVC and the American Cancer Society ... Brey was the recipient of the 2003 CVC Champion Award, given annually to the CVC National Council and the National... (Und.com)
Let the foreign money flow Oct 7, 2007
New England companies bought by foreign interests this year range from Putnam Investments (Great-West Lifeco of Canada) to the Samsonite Corp. (CVC Capital Partners, from Britain). None appears essential to national security. (Boston Globe)
Freshfields' Restructuring Marks a Break With the Past Oct 6, 2007
Private equity has also thrived, as the firm has emerged alongside Clifford Chance as the leading pan-European buyout adviser, with clients such as CVC Capital Partners Limited, Cinven Group Ltd. and GS Capital Partners, L.P.. A new cabal of deal specialists has emerged: The London quartet of Edward Braham, Tim Jones, William Lawes and Mark Rawlinson now regularly feature on the firm's banner deals, and many competitors suspect that one of them will eventually become senior partner. (Law.com)
UK's BUPA enters Aussie aged care sector Oct 3, 2007
DIAC Holdings is owned by funds, which are run by the private equity firms CVC Asia Pacific and CVC Capital Partners ... CVC acquired the DCA Group in 2006 and retains the I-Med diagnostics business. (Sydney Morning Herald -- Business)
No bonus for PBL chief, just $6m pay Sep 29, 2007
Mr Law's base salary jumped $650,000 to $2 million when he moved from chief executive of PBL's publishing division, ACP Magazines, late last year to run PBL Media, the company jointly owned by CVC Asia Pacific and PBL.. While the $4 million base salary of Nine's former chief executive Eddie McGuire was known a year ago, the man he recruited to become Nine's executive director, Jeff Browne, was revealed to be earning $1. (The Age)
Harvest House II Sep 28, 2007
With building day so close, the CVC can still use volunteers. Patricia Tarasovic, CVC director, said she already has commitments from local businesses, corporations, churches, schools and scouting organizations, but they need more help ... Previous CVC beneficiaries include the Tinney Community Center in Ansonia, Umbrella's shelter for victims of domestic violence, the REC Camp in Derby, Derby Day Care, the Salvation Army soup kitchen in Ansonia, TEAM's Headstart program, and Catholic Charities... (Huntington Herald, CT)
`Greedy Bastard' Moulton Mocks British Buyout Industry's Use of Tax Dodge Sep 28, 2007
Moulton, who helped start the firms that have grown into CVC Capital Partners Ltd. and Permira, has taken aim at another issue dogging the industry he helped start ... McFall asked when Moulton carped about Permira and CVC's 1. (Bloomberg)
Improvements planned for Edward Jones Dome Sep 24, 2007
The , the (CVC) and the announced Thursday they have agreed to an improvement project to the Edward Jones Dome as part of the Rams' lease with the CVC. ... "We are very pleased to have reached this agreement, which allows the CVC and RSA to move forward with improvements to the dome in a manner that is satisfactory to all the parties," Dan Dierdorf, chairman of CVC's board of commissioners said in a statement ... "Both the Rams and CVC want to focus on improvements that will enhance the St.... (St. Louis Business Journal, MO)
Check-out cheques' big night out Sep 6, 2007
Since the Packer family sold control of PBL's media assets to privateer CVC Asia Pacific, the new regime has begun leaving its mark. And word is Adrian "Scrooge" Mackenzie is emerging as the ghost of Christmas future. (Sydney Morning Herald -- Business)
RDA to Overhaul the Flagship Sep 4, 2007
Younger brother Robert Berner, then a managing director there (he has since jumped to CVC Capital Partners, where he is a partner), introduced her to executive chairman Harvey Golub, former American Express CEO and chairman who is credited with turning that company around. After months advising on the RDA transaction, Berner was vacationing in Bermuda when Golub called and asked her to run it. (MediaWeek.com)
Health fund shuns takeover offers Aug 18, 2007
However, MBF, the country's second-biggest health insurer, has indicated it has little interest in such a move by either BUPA or a private equity partner, thought to be CVC Asia Pacific. Instead, if its members vote in favour of MBF shedding its mutual status later this year or early next year and the company then goes public on the stock exchange, the group intends to grow by buying smaller private health operators. (Sydney Morning Herald -- Business)
Has boom become doom for the buyout barons? Aug 13, 2007
Has boom become doom for the buyout barons. Guardian Unlimited Business. (Guardian Unlimited)
Emap info memorandum to be sent in a few weeks, interest includes private equity, no approaches so far Aug 10, 2007
This source also cited Providence Equity Partners and CVC Capital Partners as potential bidders for the unit. A second private equity source with knowledge of the situation said Cinven could not rule out current interest in EMAP but it was too early to talk further. (FT.com -- Markets)
New Way To Predict Death Risk From Torn Aorta Jul 29, 2007
IRAD, which is headquartered at the U-M CVC and supported in part by the U-M Medical School, the Mardigian Foundation, and the Varbedian Fund for Aortic Research, includes data from 22 large medical centers in 11 countries. It pools data on treatment and patient outcomes for this relatively rare condition, to allow researchers to draw more scientific conclusions based on larger amounts of data than can be gathered at a single center. (Science Daily)
East, West strengths will be put to the test Jul 27, 2007
Call: (800) 877-3400. Christian Parley / The Fresno Bee. (Fresno Bee -- Sports)
Stocks to Watch Jul 18, 2007
Imperial has outflanked Luxembourg private-equity firm CVC Capital Partners Ltd., which has also been seeking a takeover of Altadis, The Wall Street Journal reported on its Web site, citing people close to the matter. The deal would create a European tobacco giant with leading market shares in the United Kingdom, France and Spain, am 0000389F ong other countries, the Journal reported. (Fox News)
CVC tops 500,000 room nights Jul 17, 2007
The (CVC) said Monday that it booked 524,430 hotel room nights in fiscal 2007, the first time it topped 500,000 in six years. For the fiscal year ended June 30, the meeting and convention hotel rooms booked by the CVC represent a 30 percent average increase over the previous five years and a 22 percent jump over fiscal 2006, according to a release ... "Topping 520,000 room nights can be attributed to an assortment of factors such as continuing to garner local support, increasing sales promotions... (St. Louis Business Journal, MO)
Apollo raises Huntsman bid Jul 10, 2007
Also on Monday, London-based private equity firm CVC Capital Partners bid $2 billion for Dutch chemicals distributor Univar NV. The offer, a 37 percent premium over Univar's closing stock price on Friday, was supported by the Univar board. In March, Univar agreed to pay $600 million for privately held Chemcentral Corp. of Bedford Park, Ill. (Deseret News)
Daily Briefing Jul 6, 2007
Boston - Venerable luggage maker Samsonite Corp. said it has agreed to be acquired by a London-based private equity company, CVC Capital Partners, for $1. 11 billion, or $1. (Atlanta Journal-Constitution -- Business)
Coles property assets worth $100m plus Jul 5, 2007
CVC Asia Pacific, which bought a half stake in PBL Media last October and now owns 75 per cent, is also said to be looking at a potential sale of the Channel Nine headquarters at Willoughby, worth about $200 million. Any sale would depend on the owners getting development approval to rezone the area residential. (Sydney Morning Herald -- Business)
Comcast completes $570M deal for stake in FSN Bay Area Jul 4, 2007
Forty percent of the channel is still owned by a unit of In a companion deal, Comcast bought out Cablevision's (NYSE: CVC) stake in FSN New England. Together the deals cost Comcast $570 million in cash. (San Jose Business Journal)
Saga and AA enjoy zero tax bill Jul 3, 2007
In the same period, the private equity owners of these businesses - Permira, CVC and Charterhouse - generated gains for themselves of 2 ... The MPs will have an opportunity to grill a partner of CVC, one of the firms that controls the AA. ... Private equity firms Permira and CVC bought the AA for 1. (BBC News -- UK)
Tchenguiz doubles stake in Sainsbury Jun 28, 2007
An offer at the mooted 610p level would be considerably higher than that pitched earlier this year by a consortium led by private equity group CVC Capital Partners. CVC, The Blackstone Group and Texas Pacific Group approached the board with a 562p-a-share offer, which was dismissed as too low. (Telegraph.co.uk)
ANC wants 'black broederbond' Jun 28, 2007
Business Report - ANC wants 'black broederbond. Online Edition Powered By IOL. (Business Report, South Africa)
Transnet reaping fruit of turnaround Jun 28, 2007
Online Edition Powered By IOL. Parastatal plans to increase coal line's annual capacity to 86m tons. (Business Report, South Africa)
Privateer trio pocket 32% of $14.5b merger Jun 27, 2007
But the three private equity firms - Permira, CVC and Charterhouse Capital Partners - will take the lion's share of this lucrative windfall just three years after each house bought into their respective investments ... CVC and Permira are understood to have both placed just 500 million into the AA as part of their 1. (Sydney Morning Herald -- Business)
Canucks and Jocks taking over TV Jun 23, 2007
Thanks to Jamie Packer offloading most of his media interests to the private equity firm CVC, Channel Nine may also start airing some pro-Scottish guff. The former Packer-controlled TV and magazine group is now at the mercy of CVC's local Glaswegian-born boss Adrian MacKenzie. (Sydney Morning Herald -- Business)
BUPA sells hospitals to private equity firm Jun 18, 2007
Cinven is thought to have won the hotly-contested auction late Friday, beating off CVC.. that it was in talks to sell off its UK hospitals, with Citigroup appointed to handle the deal. (Guardian Unlimited)
Takeover threat as Qataris raise Sainsbury stake Jun 16, 2007
Less than two months ago the Sainsbury family in effect blocked a potential 10bn takeover bid from a private equity consortium led by CVC. The consortium, which also included Texas Pacific, KKR and Blackstone, had intended to cash in on Sainsbury's substantial portfolio of freehold property, which the company recently said was worth some 8. 6bn. (Guardian Unlimited)
Just taking it one game at a time Jun 11, 2007
It was an unexpected loss, especially coming after a convincing win in getting James Packer's PBL Media deal up with CVC Asia Pacific. Just don't mention the fact that Coopers Brewery shareholders held out against Lion Nathan's advances. (Sydney Morning Herald -- Business)
Gone But Not Forgotten Jun 8, 2007
And I think all of this, not only CVC but now the BPCAF, is doing that. Call it a positive ending to one man's life story. (LionNews.com)
Passenger dies in Lodi car crash; alcohol may be a factor, say police Jun 8, 2007
S wrote on Jun 7, 2007 9:01 PM:" My thoughts go out to Manny's family. His friend killed him. PERIOD. I presume he was convicted of CVC 23152(A or B), DUI, which is why he lost his driving privileges. Why you get a DUI, you lose rights, and deserve that punishment. He killed someone, and should be charged with it. If he is "an illegal alien", terminate him. Stop pu**y-footing around with Mexicans because they will soon out number us!!! Fight one bean, fight the whole burrito! ". tree story wrote... (Lodi News Sentinel, CA)
VA Tops Private Hospitals In Infection-control Study Jun 5, 2007
A central venous catheter (CVC), or central line, is inserted in a vein in the chest to facilitate giving drugs, fluids or nutrition. In the United States, about 200,000 CVC-associated bloodstream infections occur each year. (Science Daily)
All eyes on Woolies as bidders line up at Coles' checkout Jun 4, 2007
Negotiations have returned to a state of relative calm compared with the maelstrom last week when consortium leader Kohlberg Kravis Roberts and partner CVC pulled out of the deal ... au/news/business/kkr-joins-cvc-in-coles-bid-exit/2007/05/28/1180205160075 ... KKR joins CVC in Coles bid exit. (The Age, Australia -- Business)
Imperial gets fired up after rival bid for Altadis falters May 31, 2007
PAI, the Paris-based private equity firm, was understood to have pulled out of its alliance with CVC Capital Partners, which has provisionally offered 12. " /> Imperial gets fired up after rival bid for Altadis falters-Business-Markets-TimesOnline Our exclusive four-step guide to giving up before the banNavigation - link to other main sections from here If Beckham wins matches, what happened in 2006?Martin Samuel Sponsored by Where am I? From The Times May 31, 2007Imperial gets fired up after... (Times Online)
A Costly Welcome for Capitol Visitors May 30, 2007
In short, the Capitol Visitors Center (CVC) will be an impressive sight ... Plans for the CVC actually predate the first Iraq war ... John Mica, a Florida Republican and longtime CVC supporter. (Time.com)
Aussie stocks up 1 pct on bargain hunting; NZ flat May 29, 2007
65 after KKR withdrew from the group bidding for the retailer, hours after CVC [CVC.UL] also dropped out [ID:nSYD221939. But Wesfarmers rose 0. (Ninemsn)
Coles shares fall after KKR exits bid group May 29, 2007
KKR said late on Monday it had abandoned its latest attempt to buy Coles due to concerns about the health of some of the retailers' businesses following two weeks of due diligence, just hours after partner CVC pulled out. "It clearly it weakens the position of the private equity consortium, and it should enhance Wesfarmers' position," said CommSec analyst Grant Saligari. (ABC News -- Wire)
Widespread gains reverse ASX trend May 29, 2007
It is the second such setback for Coles this week; private equity group CVC was the first to exit after it reviewed the retailer's financial books. Wesfarmers offered almost $20 billion for Coles, but the offer is not binding. (ABC News Online, Australia -- Business)
Mining Stocks Advance, Led by BHP Billiton, Rio Tinto; Coles Declines May 29, 2007
U.S. buyout firm Kohlberg Kravis Roberts & Co. quit a buyout group considering making an offer for Coles, a day after CVC Asia Pacific Ltd. decided to walk away. Ian Smith, a spokesman for the firms, including Carlyle Group, TPG Inc., Blackstone Group LP and Bain Capital LLC, confirmed KKR has withdrawn from the group. (Bloomberg -- Australia & New Zealand)
Iraq veteran wins blog prize as US military cuts web access May 16, 2007
into the CVC. My crosshairs were bouncing all over, so I gathered my composure as fast as I could, put the crosshairs on them, and engaged them with a couple of 10-round bursts of some. 50-cal, right at them. (Guardian Unlimited -- Books)
Sainsbury sets 3.5bn sales target May 16, 2007
The group mentioned the recent failed bid approach from CVC and dismissed ideas that it might sell its properties. "Property has always been at the heart of our business and is closely aligned to our successful operation," said the group. (ShareCast)
TOP COMPANIES: RANKINGS May 14, 2007
2 2 Cablevision Systems Cable TV CVC. 3 3 Henry Schein Medical & dental supplies HSIC. (Newsday -- Business)
Dechert Cracks the Code for Am Law 100 Success May 12, 2007
Twenty-five years later, the Citibank connection alone has sprouted into work for private equity firms holding several billion dollars in capital, including CVC Capital Partners Limited, Court Square Capital Partners and One Equity Partners LLC. The firm is also getting a foot in the door in larger Ms; it handled both Mfunds-related issues for a Canadian conglomerate, Power Financial Corp., in its acquisition of a mutual fund group, Putnam Investments, for $3. 9 billion last year. (Law.com)
Wesfarmers, Woolies on hold as KKR gets Coles head start May 12, 2007
The KKR group comprises KKR, Carlyle Group, Blackstone Group, CVC Asia Pacific, Texas Pacific Group and Bain Capital. Its rival bidders are Woolworths and a Wesfarmers-led consortium. (The Age)
KKR consortium given keys to Coles data room May 12, 2007
The KKR group comprises Carlyle Group, Blackstone Group, CVC Asia Pacific, Texas Pacific Group and Bain Capital. Its rival bidders are a Wesfarmers-led consortium and Woolworths. (Sydney Morning Herald -- Business)
IronBridge Capital Buys CanWest MediaWork Stake for About $536 Million May 8, 2007
In October, Publishing & Broadcasting, which owns Australia's biggest television network, said it would sell 50 percent of its media assets to CVC Asia Pacific for A$4. 54 billion ($3. (Bloomberg -- Canada)
Good News On Heart Attack And Chest Pain May 2, 2007
At the same time, U-M CVC director of interventional cardiology Mauro Moscucci, M.D., has co-led the Blue Cross Blue Shield of Michigan Cardiovascular Consortium, which has focused on improving angioplasty care and has saved both lives and dollars. U-M heart failure specialist Todd Koelling, M.D., is leading a Michigan-wide effort to improve heart failure care. (Science Daily)
Migenix partner Cadence Pharmaceuticals to increase size of Phase III clinical trial of Omigard(TM) May 1, 2007
About the Omigard Clinical Development Program Cadence's ongoing Phase III trial of Omigard for the prevention of LCSIs (known as the Central Line Infection Reduction Study, or CLIRS trial) is a multi-center, randomized, evaluation committee-blinded study in patients whose medical condition requires a central venous catheter (CVC) ... The Omigard development program holds fast track status from the FDA. In February 2003, Cadence's licensor for Omigard, MIGENIX, Inc. (then known as Micrologix... (Canada Newswire)
NEWS ARCHIVE Apr 29, 2007
Lakers get Gibbons 100th victory in 68-49 rout over Lenoir-Rhyne - DIII News and Notes - Molinari wins Gophers debut - Minnesota's Monson quits after 2-5 start - Miami's Haith coaching through tragic time for family - With earlier start to season, there were more tourneys than ever in November - Kansas coach Bill Self signs new five-Year contract - Dixon continues to prove coaching genius - Basketball Director Wanted - From friends to foes - Ball State's Ronny loses first battle against brother... (Nabc.com)
Post-meet scoring review benefits Ewing Apr 25, 2007
That correction turned what had been a 71-69 South win over the Blue Devils to a 71-69 Ewing win and a sweep of the tri-meet that improved the Blue Devils to 4-2 and moved them a huge step closer to the CVC Patriot title ... Long, the defending county outdoor and indoor champ is the only CVC vaulter over 13 this spring ... HOPEWELL TWP.-- Rob Alicia raced to the CVC s best 200 dash time this spring with a 21. (The Trentonian, NJ)
Sequoias to honor 1957 state champs Apr 22, 2007
The Giants (23-15, 11-11 CVC) and Tigers (4-28, 3-17) square off after the ceremony. Track and field Fresno State will welcome alumni for its "throw-back" dual meet against UC-Davis on April 28 at Warmerdam Field. (Fresno Bee -- Sports)
Ramsay Health to bid for UK hospitals Apr 19, 2007
Other private equity firms believed to be interested in bidding for BUPA's hospitals include Blackstone, Cinven and CVC, according to The Times. 2007 Brought to you by. (Sydney Morning Herald -- Business)
Archives: CVC
