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Kitchen To Head Barclays I-Banking In Canada

- Barclays Capital Friday named Tim Kitchen as head of investment banking in Canada, and seperately announced hires in Japan.

LyondellBasell Files For Chapter 11

- Dutch chemical company LyondellBasell has filed for Chapter 11 bankruptcy protection for its US operations and one of its European holding companies.

Bill Blass Fashions A Bankruptcy

- Bill Blass Ltd. filed for bankruptcy on New Year’s eve in lower Manhattan’s bankruptcy court, petitioning for a Chapter 7.

KKR Hires Qantas Exec As Senior Advisor

- Kohlberg Kravis Roberts said Monday it has hired Qantas Airways Chairman Leigh Clifford to serve as a senior adviser for its Australian investment business.

American Greetings To Buy Recycled Paper Greetings

- American Greetings will buy Recycled Paper Greetings which filed for Chapter 11 bankruptcy in Delaware last Friday, becoming one of the new year’s first large corporate casualties.

Constar Files For Bankruptcy Protection In Delaware Court

- Constar Inc., a producer of plastic containers for food, soft drinks and water, has petitioned for Chapter 11 bankruptcy protection in a Delaware Court.

Media M&A Activity Craters In 2008

- The media deal landscape generated an anemic $2 billion last year, or 108 transactions, according to new report from New York media investment bank DeSilva+Phillips.

Thule Deleverages, Boosts Capital Base

- Thule, a Sweden-based maker of sports equipment roof racks, has strengthened its capital base and deleveraged, with the help of its private equity majority owner, Nordic Capital Fund, and seven Nordic banks.

Ratings Actions & Outlooks

- Recent ratings downgrades and negative outlooks from Moody's, S&P and Fitch.

Blackstone Plants Seed Investment In India

- The Blackstone Group said Tuesday that it has sealed a deal to invest in Indian hybrid seed company Nuziveedu Seeds Ltd.

H.I.G. Portfolio Company Desa Files For Protection

- Desa, a portfolio company of Miami private equity firm H.I.G. Capital, filed for bankruptcy because it was unable to obtain additional financing.

TSX Welcomes SPACs

- The Toronto Stock Exchange became Monday the first Canadian market to welcome special purpose acquisition companies to its listings.

Ratings Actions & Outlooks

- Recent downgrades and negative outlooks from Moody's, S&P and Fitch.

Ratings Actions & Outlooks

- Recent ratings downgrades and negative outlooks from Moody's and S&P.

Cerberus Allocates $2B To Chrysler

- Cerberus Capital Management said Friday that it would allocate $2 billion from the automotive finance arm of Chrysler as part of the government's loan to the distressed automotive company.

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