Apollo, Blackstone express interest in Northern Rock

Article Abstract:

US investment firms The Blackstone Group and Apollo Management L.P. are examining a possible purchase of UK mortgage bank Northern Rock PLC. Northern Rock's number of potential buyers is likely to increase, as it has lined up funding through Citigroup Inc. to facilitate a takeover. Funding could total as much as $20 bil.

Strategy & planning, Contracts & orders received, Financial Services, Finance and Insurance, DEPOSITORY INSTITUTIONS, Investment Offices, Investment Companies, Open-End Investment Funds, Investment Funds & Trusts, Mortgage Bankers, Real Estate Credit, Mortgage Bankers and Brokers, Mortgage Bankers & Brokers, Mortgage and Nonmortgage Loan Brokers, Contracts & orders let, United Kingdom, Planning, Financial services industry, Contracts, Contract agreement, Mortgage banks, Northern Rock PLC, Citigroup Inc., C, Company business planning, The Blackstone Group, Apollo Management L.P.

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Freescale agrees to Blackstone offer

Article Abstract:

Blackstone Group L.P. of the United States is to acquire Freescale Semiconductor Inc. for $17.6 billion. The share purchase price is $40 per share. The leveraged buyout is one of the largest in the technology sector.

Blackstone Group L.P.

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LSI Logic to buy Agere in bet on data-storage chips

Article Abstract:

LSI Logic Corp. of the United States is to to purchase Agere Systems Inc. for approximately $3.45 billion. Share purchase offer for the semiconductor manufacturer is $22.81 per share.

LSI Logic Corp., LSI, Agere Systems Inc., Financial report

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