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.
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Sam's Club Deals On Tablets, Computers Notebooks (Nov.
Private equity firms have increasingly joined together to acquire target companies (called "club deals").
It is believed that in the past four months, UAE-based companies have raised more than USD28bn through club deals. The bank is expecting the total size of syndication to exceed USD150bn billion this year, which is an increase of 50 percent compared to the deals completed last year.
Chris Sharkey, relationship director for corporate banking at RBS, said club deals of this kind would once have had to take place in London, where the specialist expertise was to be found.
THE WAY this club deals with its fans is an absolute joke.
It is just one of many pub and club deals currently in the hands of solicitors as the leisure operator continues to build upon its impressive portfolio.
Christian Friege chief executive of the book club company BCA has urged the Books Marketing Ltd conference to reiterate the value of book club deals to consumers.
To appeal to the family market, the Argentine Hooters offers weekend Kids Club deals and hosts children's birthday parties.
The syndicated club deals will get matured in 2-year period.
He was one of several Springboks to turn down European club deals to chase the dream of adding a Lions scalp to their 2007 World Cup win.
Individual club deals with TV companies caused a large gap to open between rich and poor Italian sides.
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