Blackstone Advisory Partners
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Date Value Client Description
Dec 2001 $63.4bn Enron Was retained in 2001 to help navigate the firm through one of the largest and most complex bankruptcies in history
Jul 2007 £6.6bn China Development Bank Sole Advisor to China Development Bank on commitment for £6.6 billion strategic minority interest in Barclays
Dec 2010 $182.3bn AIG Served as sole financial advisor to the Company and Board of Directors of AIG in connection with corporate restructuring and global divestiture program
Mar 2009 N/A Flextronics Provided financial and restructuring advisory relating to Nortel
Jan 2012 N/A Board of Directors of SAP AG Provided a fairness opinion to the Board of Directors of SAP on the acquisition of software and relevant assets from Datango AG in an all-cash acquisition
Aug 2007 N/A K2 Provided a fairness opinion to K2 on its sale to Jarden Corporation
Aug 2002 $762mm Alestra (for AT&T) Negotiated a comprehensive restructuring of AT&T’s Mexican joint venture, including a new equity investment by AT&T and a tender / exchange offer for the company’s bonds
Jun 2003 $3.5bn Xerox Corp. In June 2003, Xerox announced the completion of a comprehensive $3.5 billion recapitalization designed to delever its balance sheet and extend maturities. Blackstone served as Xerox’s advisor for the transaction
Jul 2008 €150mm CFS Fairness opinion provider to the Company and sponsor on their restructuring
May 2010 €2.0bn The Ad Hoc Committee of Corral Petroleum Holdings AB Noteholders Corral is the holding company of Preem, Sweden’s largest oil refining and marketing business. Blackstone advised the ad hoc committee of noteholders on the terms of a restructuring
Nov 2010 $15.5bn AIG and its Board of Directors Blackstone served as independent advisor to AIG, its Board of Directors and the Alico Special Committee on the sale of American Life Insurance Company (Alico) to MetLife, Inc. (MetLife) for $15.5 billion
May 2004 N/A Verizon Blackstone advised Verizon on the sale of approximately 707,000 access lines in Hawaii, its Hawaiian directories unit and other assets associated with its Hawaiian division to The Carlyle Group
Oct 2005 $430mm Levitz Furniture Inc. Blackstone advised Levitz during its 2006 Chapter 11 proceedings, developing a long-term business plan, arranging DIP financing, identifying potential buyers and negotiating the sale of the company
Sep 2001 $1.4bn Excite@Home (for AT&T) Assisted AT&T in the evaluation of purchasing the broadband network assets of bankrupt Excite@Home
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