New York Post (Free subscription) | 07/23/2008
Threats of another round of rating downgrades put billionaire Warren Buffett ahead of vulture investor Wilbur Ross in the match of the bond insurers. In Buffett's corner is Berkshire Hathaway Assurance Corp., the newcomer to the bond insurance...
Climateer Investing (Free subscription) | 07/23/2008
From Fortune : The mortgage mess has claimed another high-profile victim. Investor Wilbur Ross saw more than $100 million go up in smoke after Moody’s said it would review the rating of Assured Guaranty ( AGO ), the bond insurer Ross bought into earlier this year. The news that Moody’s might yank Assured Guaranty’s triple-A insurer financial strength rating sent shares of the Bermuda-based company...
Aviation India (Free subscription) | 07/18/2008
New Delhi : Low-cost carrier SpiceJet remains open to consolidation even after the recent infusion of $80 million by American distress fund owner Wilbur Ross. The airline's director Ajay Singh told TOI these funds mean that the airline has adequate working capital but if a consolidation adds value to shareholders, they will look at it. "I am not ruling out any future consolidation - whether we are...
Aviation India (Free subscription) | 07/16/2008
New Delhi: Wilbur Ross Jr.'s latest deal, an $80 million investment in the flailing Indian airline SpiceJet announced Tuesday, is hardly earth-shaking. But the idea behind it is. Ross, a contrarian, has decided that high oil prices have hit bubble territory, a bubble that should pop in the next 12 months. In the search for new investments, "we're looking at everything that has been hurt by fuel," he...
Law Blog - WSJ.com (Free subscription) | 07/16/2008
U.S. billionaire Wilbur Ross has agreed to invest about $80 million in Indian discount-carrier SpiceJet through his New York-based investment vehicle.
Indian Express (Free subscription) | 07/16/2008
Ending weeks of speculations, American private equity firm W L Ross & Co today said it would invest $80 million...
The Telegraph India (Free subscription) | 07/16/2008
New Delhi, July 15: Low-cost carrier SpiceJet Limited today said US billionaire investor Wilbur Ross was planning to invest $80 million in the airline.
Aviation Now (Free subscription) | 07/15/2008
Indian budget carrier SpiceJet raised $80 million from private-equity fund Wilbur Ross & Co.
http://www.dolbajao.com/rss.php (Free subscription) | 07/15/2008
Economic Times - 56 minutes agoNEW DELHI: American PE firm WL Ross & Co, promoted by billionaire Wilbur Ross, has come to the rescue of low-cost carrier SpiceJet. Hindu Business Line Livemint
Law Blog - WSJ.com (Free subscription) | 07/15/2008
U.S. billionaire Wilbur Ross has agreed to invest about $80 million in Indian discount-carrier SpiceJet through his New York-based investment vehicle.
Market Watch (Free subscription) | 07/15/2008
NEW YORK (MarketWatch) -- The fund of billionaire investor Wilbur Ross to invest $80 million in struggling Indian low-cost airline SpiceJet.
Daily News Analysis (Free subscription) | 07/15/2008
Shares of SpiceJet surged 16 per cent in the morning trade on the company's announcement that billionaire Wilbur Ross-led private equity firm will invest USD 80 million
Mumbai (Free subscription) | 07/15/2008
New Delhi - US billionaire Wilbur Ross, known for turning around failed steel, coal and textile companies, announced plans Tuesday to invest 80 million dollars ...
http://www.dolbajao.com/rss.php (Free subscription) | 07/15/2008
DolBajao.com is a desi social bookmarking site dedicated to promote 'cool' desi stories
Mumbai (Free subscription) | 07/15/2008
July 15 (Bloomberg) -- U.S. billionaire investor Wilbur Ross , who made his fortune taking over bankrupt steel, coal and textile companies, will invest 3.45 ...
