0 results for 'Permira Advisers'
Satellite Groups Await FCC ruling
The FCC is weighing whether to force Inmarsat Ventures and Intelsat to complete initial public offerings, a move that could complicate investment plans by U.S. and European private equity firms that have spent billions of dollars to acquire the satellite operators. At issue is how the agency should interpret a 2000 law that ordered partially state-owned shareholders of Intelsat and Inmarsat to sell their stakes to private owners.Bush Frees Satellite Companies From IPO Schedule
President Bush on Oct. 25 signed a bill into law that frees Inmarsat Ventures plc and Intelsat Ltd. from a federal requirement to launch initial public offerings on a government-mandated schedule. U.S. lawmakers earlier this month passed legislation that would exempt the satellite companies from a requirement in the Open-Market Reorganization for the Betterment of International Telecommunications Act, or ORBIT ACT, ordering them to go public.Suit centers on pricing of companies
Lawyers for the private equity industry are watching a consolidated antitrust class action alleging that 17 private equity companies and investment banks conspired to keep the price of target companies artificially low during a five-year period.The case, which consolidates two separate lawsuits, recently survived a motion to dismiss in the District of Massachusetts, exposing to trial companies such as investment banks JPMorgan Chase Co.State AI Legislation Is on the Move in 2024
Brought to you by LexisNexis®
Download Now
2024 ESI Risk Management & Litigation Readiness Report
Brought to you by Pagefreezer
Download Now
Creating a Culture of Compliance
Brought to you by Ironclad
Download Now
A Buyer's Guide to Law Firm Software
Brought to you by PracticePanther
Download Now