Hints and tips:
...The list of early backers includes General Catalyst founder David Fialkow, Avenue Capital’s Marc Lasry, founders of RA Capital Management and former JPMorgan Chase chief investment officer Matt Cherwin,...
...Hence the price tag for the penthouse at 432 Park Avenue, which went on sale last year for $169mn....
...In July, Lasry was flying high as he hoisted the NBA’s championship trophy as an owner of the Milwaukee Bucks, a once-hapless basketball team that Lasry purchased with two fellow Wall Street billionaires...
...The lease was signed by a company named BSREP III Nero LLC, a possible allusion to the emperor who was blamed for the burning of Rome....
...(WSJ) News round-up PayPal buys online shopping tool Honey for $4bn (FT) Tottenham Hotspur appoints José Mourinho as manager (FT) Carl Icahn placing a big bet against mall owners (WSJ) Alitalia rescue...
...Lord & Taylor owner Hudson’s Bay Co. has agreed to sell the venerable retailer’s historic department store building on New York’s Fifth Avenue to shared office provider WeWork for $850m....
...Richard Baker, chief executive of Lord & Taylor’s owner Hudson’s Bay Co, said the deal aims to “reimagine retail environments for current and future generations”....
...Bain Capital, Angelo Gordon and Avenue Capital Group, Biffa’s owners, had initially hoped to extract cash by selling shares in the IPO, but in a significant u-turn have agreed to invest around £49m in total...
...Owner Fady El-Khoury had started restoring the hotel and an unfinished annex across the road when on Valentine’s Day 2005 ex-prime minister Hariri was assassinated in a massive bomb blast....
...The listing plans come as the luxury retail sector grapples with intensifying online competition from the likes of Yoox, Net-a-Porter and Amazon, as well as a rejuvenated Saks Fifth Avenue, which was purchased...
...But local and international lawyers give this avenue little chance of success, and the government appears unconcerned....
...No surprise, then, that at the company’s Manhattan headquarters on Lexington Avenue, the terminal is viewed with near reverence....
...The freeholds had been sold on a sale-and-leaseback scheme by Dubai International Capital, Travelodge’s previous owners....
...Facebook flailed in its first ventures on to Madison Avenue, when it tried to reinvent ads without understanding advertisers’ desire to measure and compare different media....
...Among those with big bets on the outcome are Avenue Capital, Centerbridge, the GSO arm of Blackstone and Oaktree, in addition to the original trio of private equity investors....
...Last week the owners of the Atlanta Hawks hired Goldman Sachs and Inner Circle Sports to conduct a sale of the team....
...They now have support from shareholders representing 31.6 per cent of Songbird’s free float, having received letters of intent from EMS Capital, Madison International Realty and Third Avenue Management....
...The WPP chief executive turned 70 on Valentine’s Day and everyone agrees he is likely to cling to his position, even if it means dying in harness....
...HMH competes with Pearson, the owner of the Financial Times, in the $6bn US school market....
...Avenue Capital will provide the financial backing for the deal, although 888 declined to confirm the amount....
...Carlyle has also bought a stake in the company, which has its offices in the basement of 345 Park Avenue in New York where Blackstone has its offices....
...Senior lenders to the company – Angelo Gordon, Avenue Capital Group, Babson Capital Europe and Sankaty Advisors – have agreed to exchange debts for ownership and invest £75m....
...The proposed tie-up with Fast Retailing would see the sale of an 80.1 per cent majority stake by owners Star Avenue Capital, a US private equity group, and J Brand’s management, including co-founder and...
...The three new owners of the company – Goldman Sachs, Avenue Capital and GoldenTree – have appointed KPMG to implement a company voluntary arrangement, designed to allow Travelodge to renegotiate its rent...
...Recently BC Partners lost control of Fitness First to creditors led by Oaktree, while Denver based fast-food chain Quiznos was acquired by Avenue Capital, with its private equity owners CCMP Capital Advisors...
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