Payments-Firm Buyout Trend Adds Alliance Data

Breitkopf, David
May 2007
American Banker;5/18/2007, Vol. 172 Issue 96, p7
Trade Publication
The article reports on the sale of the Alliance Data Systems Corporation during 2007. The issuer of specialty credit cards for retailers has announced that it has been acquired by private equity firm Blackstone Group. Alliance's clients include retail chains J. Crew, Crate & Barrel, and Ann Taylor. The sale of the payment firm First Data Corporation is also discussed.


Related Articles

  • Cardinal Inks Deal to Sell Contract Manufacturing Unit. Bryner, Michelle // Chemical Week;2/7/2007, Vol. 169 Issue 5, p31 

    The article reports that Cardinal Health has signed a definitive agreement to sell most of its pharmaceutical technologies and services (PTS) contract manufacturing business to private equity firm The Blackstone Group. The divestment is expected to generate $3.1 billion in after-tax proceeds....

  • Dow Ag Division Sale Rumored as R&H Trial Nears. Sissell, Kara // Chemical Week;3/9/2009, Vol. 171 Issue 7, p8 

    The article reports on rumors that Dow Chemical is selling part of Dow AgroSciences. The former was said to have been communicating with private equity firms regarding the sale, including Blackstone Group and Kohlberg Kravis Roberts & Co. On the other hand, the company has not ruled out any...

  • Private Equity Group to Buy Ondeo Nalco for $4.35 Billion. D'Amico, Esther // Chemical Week;9/10/2003, Vol. 165 Issue 31, p9 

    Reports on the agreement of private equity firms Apollo Management, The Blackstone Group and Goldman Sachs Capital Partners to buy Suez's Ondeo Nalco water treatment business in 2003. Value of the deal; Terms of the agreement; Financial status of Suez.

  • Accor Sells Motel 6 For $1.9 Billion.  // Hospitality Ireland;Jun2012, Issue 77, p11 

    The article reports that hotel operator Accor SA has sold the Motel 6 US budget hotel chain to Blackstone Group LP for 1.9 billion dollars.

  • Kensington sold to Blackstone and TPG for £180m. Tolley, Steve // Money Marketing (Online Edition);9/ 9/2014, p12 

    The article reports on the sale of Kensington Mortgages by financial services group Investec to investment firms Blackstone and Texas Pacific Group (TPG), and appointment of former banking and financial services company Barclays chief operation officer Ian Henderson as Kensington chief executive.

  • Blackstone may clean up with GCA. Roumeliotis, Greg // Australian Financial Review (0404-2018);8/12/2015, p42 

    The article reports on the sale by private equity firm Blackstone Group of janitorial services provider GCA Services Group Inc. in 2015.

  • Blackstone Books New Hotel. Investor's Business Daily // Investors Business Daily;9/9/2015, pA01 

    10 Strategic Hotels &

  • Hotel Del Owner Being Acquired For $6 Billion. Hirsh, Lou // San Diego Business Journal;9/14/2015, Vol. 36 Issue 37, p5 

    The article reports on the planned acquisition of Strategic Hotels & Resorts Inc. by Blackstone Group, a private investment banking company, for $6 billion.

  • Blackstone to sell nearly half of NCR holdings.  // ATMmarketplace.com;4/4/2017, p1 

    No abstract available.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics