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...a stake in the rebranded company has drawn fire from investors, defence officials and politicians, partly because of national security reasons: Eviden’s supercomputers run models for the French nuclear arsenal...
...Private equity’s need for liquidity — to pay out investors that want to exit — is difficult to meet when assets are hard to sell....
...The proposed deal would exclude Eni’s carbon capture and Irish Sea assets, Ithaca added in a statement on Wednesday....
...The acquisition will make BlackRock the world’s second-largest manager of private infrastructure asset, and boost the leadership of its alternatives business....
...New York-based Visible Alpha pools together investment research and financial models by sellside investment banks into aggregated data for asset managers....
...Ithaca says it is still looking at potential overseas acquisitions. Finding attractive targets is easier said than done....
...The deal comes as some UK assets have become attractive targets for US companies amid the strengthening of the dollar....
...Icahn restructured the margin loan last summer so that it was tied to the value of Icahn Enterprises’ quarterly net assets and not its falling shares....
...BlackRock has long been light in alternative asset classes such as infrastructure....
...While on the surface the Altium deal makes sense for Renesas, our colleagues at Lex warn its growing list of big ticket acquisitions should raise eyebrows....
...In 2008, Blackstone acquired GSO Capital, a credit manager with $10bn in assets managed. Today, Blackstone has $300bn in credit assets, even as most of the original GSO brass have long departed....
...Cangemi also maintained that despite the longer than expected integration period the acquisition was going well....
...“There have been fewer LBOs and therefore less new loan volume,” said Michael Patterson, a governing partner at asset manager HPS Investment Partners....
...One of those acquisitions, Signature, was a deal the regulators brokered....
...These include a $2bn investment in clean energy transmission in New York, upgrading more than $5bn of existing wind power assets using incentives in the US Inflation Reduction Act, and new projects including...
...Li made his name with ambitious dealmaking, including the £1.4bn acquisition of the London Metal Exchange in 2012....
...It has interesting assets, such as the Paramount film studio and sports rights on its CBS network....
...Bare-knuckle brawling Fund giant Pimco says cracks in the booming asset class that is private credit could appear as soon as this year, Bloomberg reports....
...In Italy, Vodafone has also held informal talks about a potential merger or partial disposal of assets with Swisscom-owned Fastweb, according to people close to the two companies....
...Thales has stated that it is no longer interested in Atos’s assets....
...Executives at rival financial firms have been eyeing GIP as a possible acquisition for years, attracted by its record of making both financial and operational improvements to the assets that it buys....
...But BlackRock said last month that he would seek re-election for one more year to oversee the integration of BlackRock’s $12.5bn acquisition of Global Infrastructure Partners....
...It would have been even higher had GIP not retained valuable assets....
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