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CMA-CGM Finds Public Buyers in Marathon
Private equity funds have long had a glamorous reputation as the real movers and shakers in the financial world, buying and selling companies at will and making tremendous returns for their partners and investors. While they are under some pressure now as the easy access to capital they rely upon has been hampered, this was not so in 2006. And it is the 2006 crop of SPACs that is just now coming to maturity, driving the volume of acquisitions by SPACs to $3.9 billion so far this year, more than six times the comparable period in 2007, according to Dealogic.
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Tags: · Apollo, Citi, CMA-CGM, CP Ships, Danaos, Dealogic, DVB, Fortis, Fortress, Global Ship Lease, HSH, Ian Webber, Jefferies, Ken Hoexter, Marathon Acquisition Corp, Merrill Lynch, Michael Gross, P&O Group, PST, Rickmers, Seaspan, Susan Cook, Thomas Lister
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