Amit Chowdhry | November 28, 2011 | 322 views | Add a Comment
Categorized under AliBaba, Allen & Company, Andreessen Horowitz, Blackstone Group, David Filo, Goldman Sachs Group Inc., Hellman & Friedman, Hellman and Friedman, Jerry Yang, Kohlberg Kravis Roberts & Co, Microsoft Corporation, Silver Lake, Silver Lake Partners, THL Partners, TPG Capital, Yahoo!

A consortium of investors that are being led by Microsoft Corporation (NASDAQ:MSFT) and Silver Lake are submitting a plan to buy a minority stake in Yahoo! Inc. (NASDAQ:YHOO). TPG Capital is another company that will be making a proposal for Yahoo! Both of these proposals would lead to taking a stake of around 20% of the company.

Amit Chowdhry | February 13, 2011 | 697 views | Add a Comment
Categorized under Blackstone Group, Carlyle Group, Freescale Semiconductor, Permira Advisers, TPG Capital

Freescale Semiconductor is a company that started as a division of Motorola in Phoenix, Arizona in 1949. Freescale had an IPO in July 2004 with a price of $13 per share. The company was bought out for $17.6 billion by a consortium of companies led by Blackstone Group LP. Now Freescale is going to go IPO again. Freescale plans on using the proceeds from the IPO to repay debt. It is uncertain whether Blackstone Group, TPG Capital, the Carlyle Group, and Permira Advisers will sell shares as part of the offering. Last year Freescale’s net sales increased 27% to $4.46 billion. Freescale’s EBITDA doubled to $1.15 billion. [NY Times]
Amit Chowdhry | January 6, 2011 | 1,811 views | Add a Comment
Categorized under Apple Inc., Blackstone Group, Laurence Tosi, Peter Oppenheimer, Stephen Schwarzman

Apple Inc. (NASDAQ:AAPL) is rumored to be talking to Blackstone Group’s Laurence Tosi to replace Peter Oppenheimer as the company CFO. Tosi told Blackstone CEO Stephen Schwarzman that he is planning to stay instead of joining Apple. However an Apple spokesman said that Apple is not looking for a new CFO.

Amit Chowdhry | April 26, 2010 | 1,235 views | Add a Comment
Categorized under Alpinvest, Blackstone Group, Carlyle Group, Hellman and Friedman, KKR, Kohlberg Kravis Roberts & Co, Nielsen

According to several buyout firms Nielsen is planning to have an IPO. Nielsen is a TV and Internet ratings research company. Nielsen has six sponsors: Alpinvest, The Blackstone Group, The Carlyle Group, Hellman & Friedman, Kohlberg Kravis Roberts (KKR), and THL Partners. The six sponsors are hoping that Nielsen will receive a $21 billion enterprise value according to the Financial Times. Nielsen is expected to make about $1.6 billion in EBITDA this year according to an F.T. source. [FT via NYT]