news

THE DEAL: Regis Increases Provalliance Stake

THE DEAL: Regis Increases Provalliance Stake

  • News
  • February 2, 2011

By Demitri Diakantonis Regis Corp., operator of the Supercuts hair salon chain, announced late Tuesday, Feb. 1, that it acquired an additional 17% stake in European counterpart Provalliance SAS for $56 million. Regis now owns a 46% stake in the operator of Jean Louis David, Franck Provost and Saint Algue hair salons. The tran... Read More

Investment Dealer’s Digest (IDD): Fashioning a Solid Transaction

Investment Dealer’s Digest (IDD): Fashioning a Solid Transaction

  • News
  • January 28, 2011

Phillips-Van Heusen's $3 billion-plus purchase brought Calvin Klein and Tommy Hilfiger under the same roof By Danielle Fugazy Buying Tommy Hilfiger from Apax Partners for $3.1 billion made Phillips-Van Heusen, or PVH, one of the world’s largest apparel companies. Shares of PVH, owner of the Calvin Klein brand, have appreciated over ... Read More

WSJ: PJ Solomon's New Restructuring Head Counsels Bankruptcy Avoidance

WSJ: PJ Solomon's New Restructuring Head Counsels Bankruptcy Avoidance

  • News
  • November 15, 2010

It may come as a surprise that Durc Savini, the new head of the restructuring and recapitalization group at investment bank Peter J. Solomon Co., sees part of his job as helping companies avoid bankruptcy. But Savini, who came over from Miller Buckfire, puts that view in the context of broader shifts in the bankruptcy and restructuring b... Read More

REUTERS: Biogen Bets Scientist Has Right Formula for Growth

REUTERS: Biogen Bets Scientist Has Right Formula for Growth

  • News
  • November 8, 2010

By Toni Clarke BOSTON (Reuters) - In picking George Scangos of Exelixis Inc (EXEL.O: Quote, Profile, Research, Stock Buzz) as its new chief executive, Biogen Idec Inc (BIIB.O: Quote, Profile, Research, Stock Buzz) is betting that scientific knowledge will trump commercial experience in helping to strengthen its portfolio of e... Read More

DBR VIEWPOINT: QE2…Road to Hell…the Sequel

DBR VIEWPOINT: QE2…Road to Hell…the Sequel

  • News
  • November 3, 2010

By Anders J. Maxwell U.S. equity and bond markets have now retraced their steps and are fully recovered from the precipitous fall of 2008. The financial markets’ rebound is in stark contrast to the “real economy.” September’s headline-grabbing jobless rate remains at 9.6%, with the Commerce Department estimating that one in f... Read More

WWD: Fashion’s M&A Game Heats Up

WWD: Fashion’s M&A Game Heats Up

  • News
  • September 30, 2010

by Evan Clark Forget the runway — the big changes in fashion this fall might come from the boardroom. An unusual combination of economic forces is coming together, pushing buyers and sellers closer together even as the economy skids along and consumers suffer through nearly 10 percent unemployment. Private equity... Read More