Hints and tips:
...H&F co-led the largest leveraged buyout of 2021 alongside Blackstone, taking control of medical supplier Medline Industries for $34bn....
...The business, which books travel for corporates, is going public through a blank-cheque company backed by private equity group Apollo....
...Apollo’s efforts are done through a joint venture with Sherrese Clarke Soares, founder of the music buyer HarbourView Equity....
...In particular, Carlyle is helping to finance a transition to telemedicine, via companies such as One Medical, which provides doctor consultations and other medical services to employees at more than 8,000...
...The New York City medical examiner ruled that Epstein killed himself by hanging....
...Fisker, an electric car company that went public via an Apollo-backed Spac and has a $4bn valuation, currently has no revenue....
...His company, Apollo Global Management, is now a leading example of what many people call a “shadow bank”, although Black hates the term, and his Apollo co-founder Marc Rowan has come up with a better one...
...Sure, the buyout group that inspired the Wall Street classic Barbarians at the Gate still runs funds that snap up huge companies such as Unilever’s former margarine business to Envision, the controversial medical...
...“If you think about what [GE] lent against, they lent against planes, trains, automobiles, medical equipment, dealer floor plan [used car inventories], franchises, and so on.”...
...like KKR, Apollo and Cerberus....
...Government studies show that more than half of US households could not come up with $400 to cover a medical emergency without borrowing....
...But the large international investors such as Blackstone and Apollo have largely remained unconvinced....
...Johnson & Johnson shares rose 1.3 per cent to $69.55 after the world’s largest healthcare company reported solid growth in revenues, due to sales from its medical device unit Synthes....
...Apollo Management, Centerbridge Partners and Oaktree have set up funds for investment in Europe, while Anchorage, a New York credit hedge fund with $10bn under management, is raising up to $1bn for a fund...
...The market for so-called zombie life funds that do not take on any new business is attracting interest from a number of private equity funds including CVC Capital Partners, Advent International and Apollo...
...It has injected £35m into Travelodge, the UK hotels operator; £53m into Doncasters, the UK aerospace group; €25m into Mauser, the German packaging company; and £50m into Allied Medical, the UK medical diagnostics...
...The fund this month spent about $4bn in a clutch of deals: the £600m purchase of UK-based Alliance Medical, Almatis, a Germany-based alumina producer, an investment of more than $1bn for 10 per cent of the...
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