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Showing 1 - 5 of 5 results for "Cerberus Capital Management"

Westpac offloads vendor finance business

ALLY SELBY  |  FRIDAY, 21 AUG 2020
... York-headquartered private equity firm, in the first sale from the bank's strategic review stable. Cerberus Capital Management has acquired Westpac's Strategic Alliances, with the equipment financing business set to be combined with Cerberus ...

Axsesstoday appoints chief executive

ELIZABETH MCARTHUR  |  WEDNESDAY, 20 NOV 2019
Axsesstoday has appointed a new chief executive following privatisation and investment from Cerberus Capital Management. Craig Edwards will lead the company in its next phase, replacing interim chief executive Stewart Winspear. Edwards joins from Pepper ...

Cerberus affiliate buys Aussie SME lender

KRISTI CHENG  |  TUESDAY, 24 SEP 2019
An affiliate of Cerberus Capital Management, L.P. has bought an Australian SME lender, Axsesstoday. The $259.7 million deal brings Axsesstoday out of voluntary administration, according to Deloitte, who led the sale. The SME lender entered into voluntary ...

Market Wrap - Morning

AAP  |  TUESDAY, 13 APR 2010
... power company Reliant Energy Inc for $US1.61 billion ($A1.72 billion), while the private equity firm Cerberus Capital Management is buying DynCorp International, a provider of support services to US national security operations, for $US1 billion ($A1.07 ...

Sub-prime's house of cards

SUZY MAC  |  FRIDAY, 9 NOV 2007
... has seen General Motors report a quarterly loss of $42 billion, about twice its market value, and Cerberus Capital Management owned Chrysler plans to cut as many as 25,100 jobs after losing $731 million last year. In his statement on the US monetary ...
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