DETROIT, Oct. 22 (UPI) -- The French and Japanese Renault-Nissan alliance has proposed purchasing around 20 percent of Chrysler LLC, sources said.
DETROIT, Oct. 11 (UPI) -- Cerberus Capital Management LP is talking to General Motors Corp. about the possibility of acquiring the Detroit automaker's lending division.
DETROIT, Oct. 10 (UPI) -- General Motors Corp. and Chrysler LLC are discussing a merger that could reduce the Big Three U.S. automakers to the Big Two, The New York Times said Friday.
NEW YORK, Oct. 30 (UPI) -- Cerberus Capital Management LP dropped its $6.2 billion offer for Affiliated Computer Services Inc. Tuesday, the U.S. private-equity firm said in a letter.
TROY, Mich., July 9 (UPI) -- Delphi Corp. said Monday it ended a $3.4 billion financing deal with a private-equity firm to take the U.S. auto supplier out of bankruptcy protection.
BRUSSELS, July 3 (UPI) -- European regulators Tuesday gave U.S. private-equity firm Cerberus Capital Management LP the green light to buy the Chrysler Group from DaimlerChrysler AG.
STUTTGART, Germany, May 16 (UPI) -- DaimlerChrysler AG said Wednesday its board approved the sale of 80.1 percent of its Chrysler unit to U.S. private-equity firm Cerberus Capital Management LP.
TOKYO, Nov. 1 (UPI) -- Two brothers of Seibu Railway Co.'s founder are offering nearly $5 billion to buy the financially troubled Japanese company.
SACRAMENTO, July 19 (UPI) -- GenCorp of Sacramento Monday signed an agreement to sell its GDX automotive unit to Cerberus Capital Management of New York.
TORONTO, July 8 (UPI) -- Facing possible opposition from Canadian regulators, an American hedge fund is reportedly making a bid to buy up bankrupt Air Canada.
