Bank of Scotland

Article Abstract:

Bank of Scotland is boosting its marketing effort in response to the growing competition in the UK senior debt market. A growing number of banks have re-entered the acquisition finance market since 1994, and while this has reduced the syndication risk, it also means that all leading banks want to be lead debt arrangers. Bank of Scotland says its strengths include the quick response it can offer thanks to its unbureaucratic nature; flexibility; willingness to underwrite large amounts; and its supportive nature.

Banking industry, Marketing, Bank of Scotland, Company Profile

---

Buy-in bingo for Gala

Article Abstract:

It was necessary to undertake a great deal of preparatory work for the 279 million pounds sterling management buy-in of Gala bingo clubs from Bass in Dec 1997. The deal was managed by Ernst and Young, which undertook extensive research on behalf of the management team. The deal highlighted the importance of management having a detailed knowledge of the industry, of the need for the team to remain focused and of the need for a clear understanding of strategy.

Misc. Amusement, Recreation Services, Legal Gambling, Gambling Industries, Gambling, Management buyouts, Gala Leisure

---

Bingo as CSFB private Equity buys Gala

Article Abstract:

Bingo hall operator Gala Group has been acquired by Credit Suisse First Boston Private Equity for 400 million pounds sterling. Gala is the UK's leading bingo operator with 149 clubs and a turnover of 190 million pounds sterling in 1999.

Investment banks, Credit Suisse First Boston Private Equity, Gala Group

Similar abstracts:

• Abstracts: Barak on the job. Israel trades Bibi for Barak. Choice of evils
• Abstracts: High and dry. Putting Mexico together again. Driven to the same depths?
• Abstracts: Frank goes to Panama. Morris Lapidus. Single space in 3D
• Abstracts: The dating game: iron and steel. The dating game. Dating buildings: concrete
• Abstracts: Bush antiterror plans irk big business. Yugoslavia's old guard makes way for Kostunica. Vengeance poisons Zimbabwe

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.