BC Partners Ltd., Lion Capital LLP and Bain Capital Partners LLC are among private-equity firms considering bids for Stokke AS, a Norwegian maker of children’s furniture, five people with knowledge of the situation said.
American Apparel Inc. , the operator of more than 280 clothing stores, plunged 41 percent in New York trading after posting a record loss and informing investors it may breach covenants on its second-lien loan.
American Safety Razor Co. , the fourth-largest maker of wet-shaving blades, filed a Chapter 11 petition yesterday where the company will be sold to first-lien lenders in exchange for debt unless second-lien creditors make arrangements to pay off the senior creditors within seven weeks.
Bright Food Group Co., the dairy and consumer-products group backed by the Shanghai government, said it’s considering an acquisition of Israel’s Tnuva Food Industries Ltd. as the Chinese company expands overseas.
Publisher Tribune Co. announced yesterday that mediation resulted in agreement with some creditors on a reorganization plan along the lines proposed earlier this month by creditors Oaktree Capital Management LP and Angelo Gordon & Co.
Bumble Bee Foods LLC, the maker of canned seafood products and the target of a leveraged buyout by Lion Capital LLP, plans to sell seven-year debt as high-yield corporate bond default rates may decline.
Workflow Management Inc. , a provider of promotional marketing services and printed business documents, filed a Chapter 11 petition late in the day on Sept. 29, possibly aiming to use cramdown on a holder of first- and second-lien debt who was blocking an out-of-court restructuring.
Lion Capital LLP, owner of Wagamama Ltd., may sell the Japanese fast-food chain to Duke Street Capital Ltd. for about 215 million pounds ($348 million), Sky News City Editor Mark Kleinman reported in his blog on the website.