J.C. Flowers

Flowers loses $1.5 Billion on bad Hypo investment

Filed under failures, J.C. Flowers
October 5, 2008 2:48 pm

Days after J.C. Flowers & Co. pooled $2.5 billion from investors to target struggling U.S. banks, a souring bet on Hypo Real Estate Holding AG may blunt the New York ... Read more »

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Flowers Raising $2.5 Billion to Buy Financial Assets

Filed under Projects, J.C. Flowers
September 28, 2008 7:14 pm

J.C. Flowers & Co. has raised $2.5 billion from investors for a buyout fund that will target banks and other financial firms crippled by the global credit contraction, two people ... Read more »

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Friends calls on JC Flowers to clarify position

Filed under Deals, J.C. Flowers
March 11, 2008 12:52 pm

Friends Provident on Tuesday called on JC Flowers to clarify its intentions as its profits fell by more than expected. Sir Adrian Montague, the life assurer’s chairman, said the US ... Read more »

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Meet Chris Flowers, Financial Jedi Master

Filed under Profiles, J.C. Flowers
January 29, 2008 1:05 pm

Financier J. Christopher Flowers has walked away from the now-failed buyout of Sallie Mae without a scratch — or a breakup fee — in a deal that may finally clean ... Read more »

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SLM Shares Drop After Flowers Group Rejects New Plan

Filed under Deals, J.C. Flowers
December 12, 2007 6:05 pm

Sallie Mae, the biggest U.S. education lender, dropped the most in 14 years in New York trading after cutting its 2008 earnings forecast and saying J.C. Flowers & Co. refused ... Read more »

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JC Flowers attempts to reopen N Rock bid

Filed under Deals, J.C. Flowers
December 4, 2007 10:59 pm

JC Flowers, the private equity group, on Tuesday attempted to get back into the auction process for Northern Rock as it met the embattled bank’s board. The US company is ... Read more »

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Northern Rock Falls on Report Flowers May Withdraw

Filed under Deals, Richard Branson - Virgin, J.C. Flowers
November 30, 2007 6:55 pm

Northern Rock Plc, the U.K. bank bailed out by the Bank of England in September, declined as much as 11 percent in London trading today after Sky News said J.C. ... Read more »

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Bouquets for Flowers on return to Shinsei

Filed under Deals, J.C. Flowers
November 21, 2007 8:25 pm

When foreign investors first took the helm at Shinsei Bank seven years ago, they were denounced as vultures. So the cheers that greeted Tuesday’s return of Christopher Flowers, one of ... Read more »

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Northern Rock Receives Bid Below Yesterday’s Price

Filed under Deals, Richard Branson - Virgin, J.C. Flowers
8:01 pm

Northern Rock Plc, the U.K. mortgage lender bailed out by the Bank of England two months ago, received a bid “materially below” yesterday’s market value of 409 million pounds ($841 ... Read more »

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Flowers Sallie Mae Failure Proves He’s No Schwarzman

Filed under Hedge funds, Stephen Schwarzman - Blackstone, J.C. Flowers
October 22, 2007 5:40 pm

– The turning point for leveraged buyout banker and former Goldman Sachs Group Inc. partner J. Christopher Flowers occurred last month when he couldn’t get SLM Corp. Chairman Albert Lord ... Read more »

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SALLIE, MAY I?

Filed under Deals, J.C. Flowers
October 16, 2007 6:54 pm

– Shares of student lending giant Sallie Mae plummeted yesterday on heavy volume as hope of a renegotiated takeover deal with billionaire J. Christopher Flowers faded.Flowers and his partners at ... Read more »

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Sallie Mae Sues Investors for Buyout Offer Withdrawal

Filed under J.C. Flowers
October 9, 2007 8:01 pm

SLM Corp., the biggest student-loan provider in the U.S., sued J.C. Flowers & Co. and other investors that are trying to rescind a $25.3 billion buyout offer for the lender, ... Read more »

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FLOWERS’ POWER

Filed under Deals, J.C. Flowers
October 4, 2007 11:23 am

Billionaire J. Christopher Flowers has set his sights on rescuing struggling British mortgage company Northern Rock and has arranged nearly 15 billion pounds ($30 billion) for the takeover, according to ... Read more »

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BET THE DEAL’S DONE

Filed under Deals, J.C. Flowers
September 28, 2007 6:35 pm

  September 28, 2007 — Investors snapped up shares of Sallie Mae yesterday on hopes the student lender can reach a new deal with billionaire investor J. Christopher Flowers and ... Read more »

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JC Flowers team drops Sallie Mae bid

Filed under Deals, J.C. Flowers
September 27, 2007 9:43 am

The investor group that offered $26bn for Sallie Mae, the student lender, said on Wednesday it would not go ahead with the original terms of the deal, heralding what could ... Read more »

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JC Flowers eyeing WestLB: sources

Filed under Projects, J.C. Flowers
September 4, 2007 1:16 am

FRANKFURT (Reuters) - U.S. financial investor J.C. Flowers is keen to expand its presence in German state-backed banks by buying the 38 percent stake in WestLB held by the German ... Read more »

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Oil Tycoon Spills $50 M.-Plus for Townhouse

Filed under Estates, Len Blavatnik - Access Industries, J.C. Flowers
August 24, 2007 2:39 pm

Every kvetching New Yorker wants more space. But only a Russian-born, Harvard-trained oil tycoon would want more legroom than a 14-room Fifth Avenue co-op (bought just this year for $27.5 ... Read more »

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