
Private equity firm Blackstone has reached an agreement in principle to hand over control of German outdoor brand Jack Wolfskin to a group of its lenders in a debt for equity swap, sources close to the situation said.
12 published items with the word (s) or phrase Barclays Private Equity in News, Trends, Videos, Photo galleries, Agenda and sorted by "date descending".
Private equity firm Blackstone has reached an agreement in principle to hand over control of German outdoor brand Jack Wolfskin to a group of its lenders in a debt for equity swap, sources close to the situation said.
Lenders to German outdoor brand Jack Wolfskin are close to finalising a restructuring plan for the company's 365m debt, two sources close to the situation said.
German outdoor brand Jack Wolfskin has hired a financial restructuring firm to advise on a potential restructuring of its 365m debt, following news that next year's earnings could drop 50%.
Loans in German outdoor brand Jack Wolfskin have tumbled on Europe's secondary loan market following poor financial results, banking sources said on Wednesday.
Silver Lake and Partners Group have agreed to buy Swiss-based tax-free shopping business Global Blue for 1 billion euros ($1.3 billion) from rival Equistone.
Private equity and real estate group Blackstone is close to buying German outdoor clothing brand Jack Wolfskin and a deal is likely to be announced as early as Thursday, a source familiar with the situation said.
U.S. private equity firm Blackstone's buyout of German outdoor brand Jack Wolfskin is backed by a 500 million euro ($725.4 million) loan, bankers said on Wednesday.
Private equity firm Blackstone is in exclusive talks to buy Jack Wolfskin as the German outdoor brand seeks to improve its popularity outside its home country.
Private equity group Blackstone is close to clinching the purchase of German outdoor clothing and equipment maker Jack Wolfskin, four people close to the process said.
The sale of German outdoor apparel and equipment maker Jack Wolfskin, initially slated for the end this month, has been put on hold, two people familiar with the process told Reuters.