| Looks Good For First Data Buyout By KKR |
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| Thursday, 23 August 2007 | |
Looks Good For First Data Buyout By KKR(NAMC) - The US credit card processing company, First Data, mentioned that the over US$t26 billion buyout deal by Kohlberg,Kravis and Roberts or KKR was on point and should be completed by the end of September 2007. The growing concern of the credit crunch has not hindered this progress as First Data has already received all of the necessary regulatory approvals for this deal to take place. According to reports their debt package will be marketed in the coming weeks and will be the litmus test for high risk loans and bonds as it relates to private equity acquisitions. NAMC Newswire Note: NAMC Worldwide has added a new service to its line up, they are now arranging the private buying and selling of various commodities such as Gold, Platinum, Crude Oil, Sugar, Copper, D2, Scrap Metal and others. With relationships with Private Buyers and Sellers, NAMC has the ability to arrange Private Transactions in most quantities. Please visit http://www.namcworldwide.com/commodities for more information. This article can be republished either online or in print as long as credit is given to the author and the NAMC Newswire. Wall Street to Main Street is also one of the leading shows on StreetIQ , the leader in financial podcast: http://www.streetiq.com/dir/NAMC.shtml Also be sure to listen to the "Wall Street to Main Street" radio show that is syndicated daily. Just visit the NAMC radio at www.namcnewswire.com/namcradio. |
