Warburg, Barry Sternlicht partnering on blank-check deal worth $20 billion
[ad_1]
© Reuters. FILE PHOTO: Barry Sternlicht, Chairman and CEO at Starwood Capital Group, watches a tee shot from the fourth hole of the Pebble Beach National Pro-Am Golf Tournament. This was taken on March 1, 2009 at the Monterey Peninsula Country Club in Pebble Beach.(Reuters) – Private equity firm Warburg Pincus, and Barry Sternlicht, a real estate investor, have teamed up in a blank check deal of about $20 billion for the public takeover of security firm Allied Universal, Bloomberg News reported Monday, citing sources familiar with this matter.
Disclaimer: Fusion MediaThis website does not provide accurate and current data. CFDs include stocks, indexes and futures. Prices are provided not by the exchanges. Market makers provide them. Therefore, prices can be inaccurate and differ from actual market prices. These prices should not be used for trading. Fusion Media does not accept any liability for trade losses that you may incur due to the use of these data.
Fusion MediaFusion Media and anyone associated with it will not assume any responsibility for losses or damages arising from the use of this information. This includes data including charts and buy/sell signal signals. You should be aware of all the potential risks and expenses associated with trading in the financial market. It is among the most dangerous investment types.
[ad_2]