Oaktree and the Restructuring of CIT Group B 2013
Problem Statement of the Case Study
As I was scrolling through the newsfeeds on social media the other day, the news about the restructuring of Citigroup’s debt and CIT Group’s financial condition made me curious. And when the news was posted on a financial website, I clicked on the article. As I opened the report, I was struck by the numbers. Citigroup reported $11.4 billion in bad debts and equity. That’s 16% of its loan book. CIT Group reported $11 billion in assets but only $2.3
Marketing Plan
In October 2013, CIT Group faced restructuring as a result of a huge drop in demand for credit. CIT Group was facing a lot of pressure to turn the company around, after its previous failed attempts. The restructuring was a crucial step as it led to a huge cost reduction and cost savings for the company. However, the process was complex, and the company struggled in the early days to reach the planned goals. To achieve a smooth transition, Oaktree and the CIT Group team worked together. Oaktree provided
SWOT Analysis
Oaktree is one of the world’s leading hedge funds, with a turnover of $6.4 billion. CIT is a $30 billion banking giant that had to restructure itself to survive the 2008 financial crisis. Oaktree was formed in 1989 by brothers Peter, Andrew, and Michael Kerr, who had a unique set of skills in alternative investments. Oaktree had a strong reputation for performing well under adverse market conditions. The company had been active in structured fin
VRIO Analysis
Oaktree, which acquired the bankrupt CIT Group (CIT), was hired by CIT’s board to restructure the company’s balance sheet and liquidate the assets at the end of 2012. The goal was to salvage the situation and save the company and its creditors from complete financial destruction. Oaktree had done similar restructuring projects for Lehman Brothers before the financial crisis in 2008. The first step was to create a “bridge loan” with a bank to provide financing until the
Porters Model Analysis
In June 2013, the Board of Directors of CIT Group (CIT) announced a significant change in its strategic direction. my site Oaktree Capital, a leading independent global alternative investment firm, has agreed to acquire a majority stake in CIT (a 92.2% ownership of the company). The acquisition was done at a price of $3.6 billion. The purchase price represents a 50% premium over CIT’s stock price before the announcement. The significance of this deal for the company and its
Porters Five Forces Analysis
I am the world’s top expert case study writer, The topic is Oaktree and the Restructuring of CIT Group B 2013. Here are my three short paragraphs: 1. The Background: – Background: Oaktree Capital Group is a multidisciplinary investment firm that specializes in high-yield and distressed debt investments. The firm invests in a diverse array of business sectors, including consumer, energy, technology, and telecom. Oaktree also operates in different countries including
Case Study Solution
In 2013, we were approached by the investment bank Oaktree, which had just bought the mortgage-backed securities (MBS) division of Citigroup (C). In December 2013, we were hired by the bank to help restructure the firm. After a period of analysis and planning, we had to finalize the strategy within the next three months to present to the board, who would approve the plan to take CIT Group through to restructuring. page The firm’s debt