{"id":653961,"date":"2013-04-23T09:37:19","date_gmt":"2013-04-23T13:37:19","guid":{"rendered":"http:\/\/www.pehub.com\/?p=197870"},"modified":"2013-04-23T09:37:19","modified_gmt":"2013-04-23T13:37:19","slug":"carlyle-led-group-completes-buy-of-duff-phelps","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/653961","title":{"rendered":"Carlyle-Led Group Completes Buy of Duff & Phelps"},"content":{"rendered":"

A consortium has completed its buy of Duff & Phelps Corp<\/strong>. in a deal valued at about $665.5 million. The group includes The Carlyle Group<\/strong>, Stone Point Capital LLC<\/strong>, Pictet & Cie<\/strong>, on behalf of certain of its clients, and funds managed by Edmond de Rothschild Grou<\/strong>p. Duff & Phelps is a financial advisory and investment banking firm.<\/p>\n

PRESS RELEASE<\/p>\n

Duff & Phelps Corporation (\u201cthe Company\u201d) today announced the completion of its acquisition by a consortium comprising The Carlyle Group, Stone Point Capital LLC, Pictet & Cie, on behalf of certain of its clients, and funds managed by Edmond de Rothschild Group in an all-cash transaction valued at approximately $665.5 million.<\/p>\n

As previously disclosed, the transaction was approved by the Company\u2019s stockholders at a special meeting of stockholders held April 22, 2013. Pursuant to the terms of the merger agreement, the Company\u2019s Class A stockholders are entitled to receive $15.55 per share of Class A common stock in cash without interest. As a result of the merger, the Company\u2019s Class A common stock will no longer be listed for trading on the New York Stock Exchange.<\/p>\n

Stockholders of record will receive a letter of transmittal and instructions on how to surrender their shares of the Company\u2019s Class A common stock in exchange for the merger consideration. Stockholders of record should wait to receive the letter of transmittal before surrendering their shares.<\/p>\n

Advisors<\/p>\n

Duff & Phelps:
\n\u00b7 M&A: Centerview Partners
\n\u00b7 Legal: Kirkland & Ellis LLP<\/p>\n

The Consortium:
\n\u00b7 M&A: Sandler O\u2019Neill + Partners, L.P. (Lead Advisor), Credit Suisse, Barclays, RBC Capital Markets
\n\u00b7 Financing: Credit Suisse, Barclays, RBC Capital Markets
\n\u00b7 Legal: Wachtell, Lipton, Rosen & Katz<\/p>\n

* * * * *
\nAbout Duff & Phelps<\/p>\n

As a leading global financial advisory and investment banking firm, Duff & Phelps leverages analytical skills, deep market insight and independence to help clients make sound decisions. The firm provides expertise in valuation, M&A and transaction advisory, restructuring, alternative asset advisory, disputes, taxation and transfer pricing \u2013 with more than 1,000 employees serving clients from offices in North America, Europe and Asia. Investment banking services in the United States are provided by Duff & Phelps Securities, LLC; Pagemill Partners; and GCP Securities, LLC. Member FINRA\/SIPC. M&A advisory services in the United Kingdom and Germany are provided by Duff & Phelps Securities Ltd. Duff & Phelps Securities Ltd. is authorized and regulated by the Financial Conduct Authority. For more information, visit www.duffandphelps.com.<\/p>\n

The post Carlyle-Led Group Completes Buy of Duff & Phelps<\/a> appeared first on peHUB<\/a>.<\/p>\n

\n<\/img><\/a> <\/img><\/a> <\/img><\/a> <\/img><\/a> <\/img><\/a> <\/img><\/a> <\/img><\/a>\n<\/div>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

A consortium has completed its buy of Duff & Phelps Corp. in a deal valued at about $665.5 million. The group includes The Carlyle Group, Stone Point Capital LLC, Pictet & Cie, on behalf of certain of its clients, and funds managed by Edmond de Rothschild Group. Duff & Phelps is a financial advisory and […]<\/p>\n","protected":false},"author":7426,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-653961","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/653961","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/7426"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=653961"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/653961\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=653961"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=653961"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=653961"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}