Club Deal


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Club Deal

A situation in which a group of private equity firms acquires a publicly-traded company. A club deal can be beneficial to the private equity firms because it reduces the capital each must use in order to buy the company. However, because a club deal reduces the number of competing bids, shareholders may receive a smaller price for their shares. See also: Hostile takeover.
References in periodicals archive ?
050m provided on a club deal basis by SR-Bank, Sparebank 1, Sparebank 1 Hedemark, Sparebank 1 Midt-Norge and SEB Merchant Bank.
With Carlos Tevez sidelined while the club deal with his alleged refusal to play against Bayern Munich, eight-goal Sergio Aguero injured and Edin Dzeko struggling to reproduce his early-season form, Mancini has needed goals.
In addition, this club deal confirms our excellent and successful cooperation with Morgan Stanley.
It is a club deal in which BBVA, the Bank of Tokyo-Mitsubishi, Deutsche Bank, London Branch, ING Belgium, JP Morgan, Morgan Stanley Senior Funding, Natixis and the Royal Bank of Scotland are taking part.
I was delighted with what Roy Hodgson had to say on the matter and how he has handled it - and it is vitally important now the club deal with this issue in a very strong way.
The company has agreed to a new GBP30m revolving credit facility in a club deal with HSBC and Yorkshire Bank.
It's frustrating to pay for club deal leaflets only to be told many of the items are unavailable.
the broker on the River Vale Country Club deal, added, "When you need a financier who can move quickly and understands complex transactions, Palisades Financial is the solution.
It also said the loan was syndicated as a club deal and was oversubscribed.
Officials close to the IMF say it is unclear whether the caretaker government taking over on June 30 will be able to commit Iraq to a debt rescheduling deal and an IMF agreement that would have to be reached before a Paris Club deal.
When quizzed by the Sunday Mail on the club deal yesterday, he said: "No comment.
Steele admits that he's questioned whether the golf club deal is "a good move beyond the equity of the brand," but unabashedly says he's using the transformation of Harley Davidson from motorcycle to lifestyle brand as a model.
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