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.
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.
NEWCASTLE, England, Oct. 3 (UPI) -- Northern Rock PLC bank shares rose 10 percent Wednesday after a newspaper said a U.S. private-equity firm had secured $30 billion for a possible takeover.
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.
DUSSELDORF, Germany, June 4 (UPI) -- The former head of DaimlerChrysler AG could reap $135 million from the sale of Chrysler to Cerberus Capital Management LP, a German newspaper reported.
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.
NOVI, Mich., March 28 (UPI) -- Bankrupt U.S. auto parts maker Tower Automotive Inc. said Wednesday it would sell itself to private-equity firm Cerberus Capital Management LP for $1 billion.
WAYNE, N.J., March 10 (UPI) -- An investment group is offering to buy Toys "R" Us Inc., based in Wayne, N.J., as an alternative to the company splitting off its toy retailing business.
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.