Hints and tips:
...In bidding for all of Paramount in cash, Apollo expected the media company’s debt, which stands at more than $16bn, would not need to be refinanced after a recent rating agency downgrade, making what would...
...Hertz, the car rental agency, had filed for bankruptcy in 2020 during the early stages of the pandemic....
...While such networks have been criticised internationally for enabling mass surveillance by China’s security agencies, the networks give driverless car developers a distinct advantage compared with other...
...“Everyone is getting a pass right now, whether you are in the US or Italy, but there have been some signs recently that investors and rating agencies are starting to think about this again.”...
...Private equity group Apollo recently expressed interest, while Paramount shares jumped as much as 13.5 per cent this week after media entrepreneur Byron Allen made a $14.3bn bid to buy all of the group’s...
...Rating agencies typically treat preferred stock deals more favourably than run-of-the-mill loans....
...The future detective novelist Dorothy L Sayers, as a copywriter in London from 1922 until 1931, created the undying Guinness ad starring a toucan: “If he can say as you can / Guinness is good for you / How...
...For example: if Generic Greek God Capital is buying Widgetmaker Inc, 70 per cent of the equity it ponies up might come from one of its LBO funds....
...De Armas and Craig also starred in Knives Out, the 2019 detective romp Netflix liked so much it bought two pending sequels for another $450mn....
...Once a niche industry, PE firms, which include giants such as Blackstone, KKR and Apollo, now hold almost $10tn in assets under management, according to a McKinsey study....
...Del Spooner, a US detective, sits behind the wheel of an Audi self-driving vehicle while the muscly silver car races through Chicago’s underground passages....
...Private equity giants including KKR, TPG, Apollo and Bain Capital have set up impact funds, each with at least $1bn in assets....
...A version of this article was first published by Nikkei Asia on August 12 2022. ©2022 Nikkei Inc....
...Private equity group Apollo Global, which made a $1.5bn preferred investment in Hertz as part of the bankruptcy auction, redeemed its holding the same month for almost $1.9bn — a gain of more than 25 per...
...“We encourage the SEC to approve this proposal,” private equity firm Apollo Global Management wrote in a June 3 letter to the agency. Jay Clayton, former SEC chair, is an Apollo board member....
...In October Macron decided not to reappoint French antitrust chief Isabelle de Silva for a second term just as her agency was gearing up to take on the review....
...My colleagues Robin Wigglesworth, Joe Rennison and Antoine Gara covered a striking report from Moody’s rating agency last week, which warned that opacity, eroding standards and the difficulty in trading...
...Companies in this space, including Oaktree Capital, Strategic Value Partners, Apollo and Elliott Management, tend to dive in when economies are in recession and markets are turbulent, and then hope to ride...
...Bain’s exclusive negotiating rights for Hitachi Metals come as global private equity firms, including KKR, Carlyle, Blackstone and Apollo are stepping up their presence in Japan, as large conglomerates jettison...
...‘One of the internet’s good guys’ Eliot Higgins, once an amateur online detective, is now the founder of an extraordinary non-profit, Bellingcat, which he describes as “an intelligence agency for the people...
...The group had also secured the heavyweight, Apollo Global Management, which was contributing $1.5bn of preferred stock....
...It hopes to secure the balance from sources including government agencies such as the US International Development Finance Corporation as well as the private sector....
...In the decade since, the agency has pursued enforcement actions against the likes of Blackstone Group and Apollo Global Management, in settlements cost those groups tens of millions of dollars....
...As of the middle of this year, a new agency has joined the saga — the FBI, which has taken over the investigation of the Springfield deaths....
...Kraft Heinz, with $32.5bn of total debt, was also downgraded this week, in the wake of Apollo Investment Corporation, Spirit AeroSystems — a supplier to the Boeing 737 Max — and energy companies EQT Corporation...
International Edition