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Bain, Kkr, Vornado Suffer Wipeout In Toys ‘r’ Us Bankruptcy
Bain Capital, KKR & Co. and Vornado Realty Trust stand to have their Toys “R” Us Inc. investment erased as the retailer they bought in 2005 for $7.5 billion seeks bankruptcy protection. The three firms and their co-investors sank $1.3 billion of equity into the takeover of the Wayne, New Jersey-based toy company, financing the rest with debt, according to company filings. The debt included senior loans in which they held a stake. Partly offsetting the loss is more than ... Full investment news article
Relevent to this post: Kohlberg Kravis Roberts
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Rahul Gandhi To Address Public Meeting In New York - The Financial Express
Congress party Vice President Rahul Gandhi is scheduled to address a public meeting here on Wednesday arranged by the the party's overseas wing as part of its push to enlist Non-resident Indians (NRIs). The post Rahul Gandhi to address public meeting in New York appeared first on The Financial Express. Full investment news article
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