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Apollo, Centerbridge Said To Bid On Loan Servicer CW -Bloomberg

DOW JONES NEWSWIRES Apollo Global Management LP and Centerbridge Capital Partners LLC have put in competing bids for CW Financial Services, Bloomberg News reports Thursday, citing two people with knowledge of the New York buyout firms' offers. CW Financial unit CW Capital Asset Management services billions of dollars' worth of delinquent U.S. commercial real estate loans. Berkadia Commercial Mortgage LLC, a partnership between Warren Buffett's Berkshire Hathaway Inc. (BRKA, BRKB) and Leucadia National Corp. (LUK), is also considering whether to bid for the New York company, Bloomberg quoted a third person familiar with the matter as saying. CW Financial could fetch more than $200 million from its auction, which is being handled by Beekman Advisors, one of the sources said. Officials at Apollo and Centerbridge declined to comment, as did representatives for CW Financial, Berkadia and Beekman, Bloomberg said. CW Financial, which invests in and finances commercial real estate projects, is majority-owned by a unit of Caisse de Depot et Placement du Quebec, the biggest pension fund manager in Canada. Full story at http://www.bloomberg.com/apps/news?pid=20601087&sid=aO2YvcgiKHEc&pos=6 -Dow Jones Newswires; 212-416-2900

Stock News for Leucadia (LUK)
DateTimeHeadline
05/04/201619:30:00Jefferies' Parent Leucadia National Swings to Quarterly Loss
05/04/201617:09:29Current Report Filing (8-k)
05/04/201617:07:41Quarterly Report (10-q)
05/04/201616:36:00Leucadia National Corporation Announces First Quarter 2016 Results
05/02/201616:43:59Statement of Changes in Beneficial Ownership (4)
04/27/201611:10:00Chinese Commodities Brokerage Yintech Debuts on Nasdaq
04/26/201605:30:00Cobham Shares Tumble After Company Announces Rights Issue
04/14/201610:01:51Proxy Statement (definitive) (def 14a)
04/12/201607:53:00Blake McKenna Joins Vitesse as Senior Engineer
03/30/201618:31:38Statement of Changes in Beneficial Ownership (4)
03/30/201618:31:38Statement of Changes in Beneficial Ownership (4)
03/30/201618:31:38Statement of Changes in Beneficial Ownership (4)
03/30/201618:31:08Statement of Changes in Beneficial Ownership (4)
03/30/201618:31:08Statement of Changes in Beneficial Ownership (4)
03/30/201618:31:08Statement of Changes in Beneficial Ownership (4)
03/17/201616:58:47Amended Annual Report (10-k/a)
03/16/201614:21:28Statement of Changes in Beneficial Ownership (4)
03/16/201603:03:00Trading At Banks Turns 'Grim'
03/16/201601:35:00Jefferies publie ses résultats financiers pour le premier trimestre...
03/16/201601:35:00Jefferies meldet Finanzergebnisse des ersten Quartals 2016

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