Malcolm Walker

European LBO Loans Fall Most Since 2009 as Debt Crisis Extends

Loans used to fund buyouts in Europe fell 44 percent in the first quarter, the biggest decline in three years, as the number of banks willing to underwrite the debt shrank because of tighter capital rules and a smoldering fiscal crisis.

Iceland Foods CEO Walker Purchases U.K. Frozen Food Chain for $2.3 Billion

Iceland Foods Ltd. Chief Executive Officer Malcolm Walker teamed up with investors including DFS Furniture founder Graham Kirkham to acquire the budget U.K. supermarket chain from its Icelandic owners for 1.45 billion pounds ($2.3 billion) after fending off rival bids.

Iceland Foods Owners to Help Fund CEO Walker’s Bid for Frozen Food Chain

Iceland Foods Ltd.’s majority owners Landsbanki Islands hf and Glitnir hf will provide 250 million pounds ($392 million) to help Chief Executive Officer Malcolm Walker fund a buyout, two people familiar with the matter said.

Iceland Foods Said to Give Price Guidance on LBO Loans

Iceland Foods Ltd. offered price guidance on its 885 million-pound ($1.4 billion) leveraged-loan financing for the company’s buyout by its chief executive officer, according to a person with knowledge of the matter.

Walker Gets Alberta Backing to Bid for Iceland Foods, Times Says

Malcolm Walker, chief executive officer of Iceland Foods Ltd., secured the backing of Canadian pension fund Alberta Investment Management Corp. to finance a 1 billion pound ($1.6 billion) bid for the U.K. budget grocery chain, the Sunday Times said, citing an interview with Walker.

Iceland Foods Founder Walker Says There’s No Deutsche Bank Deal

Malcolm Walker, founder of Iceland Foods Ltd., said he hasn’t gained backing from Deutsche Bank AG or any other lender for his planned bid to regain control of the U.K.-based frozen-food chain.

Blackstone May Back Walker’s Iceland Bid, Sunday Telegraph Says

Blackstone Group LP may back the bid for Iceland Foods Ltd. by Malcolm Walker, the retailer’s founder and chief executive officer, the Sunday Telegraph reported.

Iceland Foods Management in Exclusive Talks to Buy U.K. Retailer

The management of Iceland Foods Group Ltd., led by founder and Chief Executive officer Malcolm Walker, signed an agreement late last night that gives them the opportunity of buying the U.K. frozen-food retail chain ahead of any other potential bids, the company said in an e-mailed statement.

Bain, BC Partners, Morrison Said to Be Remaining Bidders For Iceland Foods

Bain Capital LLC, BC Partners Ltd. and William Morrison Supermarkets Plc are the remaining bidders for Iceland Foods Ltd., the U.K. budget grocery chain, according to four people with knowledge of the plan.

Iceland Foods CEO Won’t Submit First-Round Bid, Telegraph Says

Iceland Foods Ltd. Chief Executive Officer Malcolm Walker won’t enter the first round of bids for a 77 percent stake in the U.K. supermarket chain being sold by Landsbanki Islands hf and Glitnir Bank hf, the Sunday Telegraph reported, without saying where it got the information.

"I am utterly delighted that we have been able to conclude a deal."

- Malcolm Walker on Mar 09, 2012

London

Gold Bears Pull $20.8 Billion as BlackRock Says Buy: Commodities

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Gold Heads for Longest Slump in Five Weeks on ETP Decline

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