Food/Beverage
January 5, 2009 - Recent ratings downgrades and negative outlooks from Moody's, S&P and Fitch.
December 30, 2008 - The Blackstone Group said Tuesday that it has sealed a deal to invest in Indian hybrid seed company Nuziveedu Seeds Ltd.
December 23, 2008 - TPG is allowing investors to reduce their pledges by 10%, nearly a year after they committed some $20 billion to the renowned fund manager, according to a source familiar with the situation.
December 29, 2008 - Recent downgrades and negative outlooks from Moody's, S&P and Fitch.
December 22, 2008 - JPMorgan announced today that it has agreed to purchase UBS' global agricultural and Canadian energy operations for an undisclosed price in the first quarter of 2009.
December 22, 2008 - San Francisco-based boutique LRG Capital Group has launched a new fund to focus on distressed companies in the hospitality sector.
December 22, 2008 - Recent ratings downgrades and negative outlooks from Moody's and S&P.
December 19, 2008 - As first reported by IDD, veteran Kohlberg Kravis Roberts dealmakers Michael Michelson and Alexander Navab will co-head the firm's North American private equity business.
December 15, 2008 - TSG Consumer Partners, a San Francisco private equity firm, said Monday that it has hired veteran consumer buyout executive John Kenney as a managing director and partner.
December 15, 2008 - Select ratings downgrades and negative outlooks from Moody's and S&P.
December 14, 2008 - Lazard said Thursday it hired Timothy Pohl as a managing director in its restructuring group. Pohl is global co-leader of the corporate restructuring practice at Skadden, Arps, Slate, Meagher & Flom.
December 10, 2008 - George Weston Ltd., a Toronto-based food processing company, said Wednesday that it has agreed to sell its US fresh baked goods business to Mexican bakery behemoth Grupo Bimbo for $2.5 billion.
December 8, 2008 - Hedge funds fell for the sixth consecutive month in November, according to investment adviser Hennessee Group. The Hennessee Hedge Fund Index dropped 2.69% last month, and is off 18.4% year to date.
December 8, 2008 - Pilgrim's Pride, which filed for bankruptcy protection in the US Bankruptcy Court for the Northern District of Texas to 'address certain short-term operational and liquidity challenges,' received court approval for a portion of a $450 million loan.
December 8, 2008 - Select ratings downgrades and negative outlooks from Moody's and S&P.