Hints and tips:
...Big lenders such as Barclays and Bank of America have been stuck holding loans that they initially intended to sell....
...One thing to start: The private equity industry is facing a “shakeout” that could result in painful losses for investors who piled into the sector without properly understanding the risks of holding illiquid...
...The Pinault family’s holding company Artémis, whose other holdings include a controlling stake in luxury group Kering and auction house Christie’s, plans to use $2.8bn in equity and $425mn in debt to buy...
...The deal will mean that existing investors in the business will probably be wiped out, including James Murdoch, who invested through his holding company Lupa Systems, Disney and private equity group TPG....
...Shell is under fire on several fronts after ABP, the Dutch pension fund, announced plans earlier in the week to divest all its holdings in fossil fuel companies, including Shell, because it saw insufficient...
...Now speculation is rife about whether Iger, who defined modern Disney through dealmaking, will seek another big transaction to cement his legacy....
...Investors ploughed $1.5bn into Cathie Wood’s flagship Ark fund in the first half of 2022, even as a brutal tech sell-off hammered its top holdings....
...Foreign holdings of Russian equities reached a total of $86bn at the end of 2021, Moscow Exchange data show....
...Legacy Shell would drill the oil it already has while handing most of its free cash back to investors....
...Those separate companies could include, for example, a legacy oil, refining and chemicals business, and a gas, renewables and marketing business, it said....
...What’s certain is that his legacy has lived on long after the fund closed up shop, as his protégés turned his seed capital into their own multibillion-dollar empires....
...Orbia had discovered that when it came to ditching a highly lucrative legacy businesses, breaking up is hard to do....
...Davidson Kempner will also acquire an 80 per cent stake in Alpha Bank’s loan servicing subsidiary, Cepal Holdings....
...In Apollo’s legacy leveraged buyout business, Rowan’s biggest deal, the $27bn takeover of Harrah’s Entertainment in 2008, nearly ended in catastrophe for him and his firm....
...The breakdown company AA has said it is in talks with three buyout groups over a possible takeover, as it warned that its heavy debt burden — a legacy of previous private equity ownership — is holding the...
...FT) The Naked Chef Two decades after Jamie Oliver burst on to TV screens as a young chef with a taste for popular food culture, the British cook looks back on the fall of his restaurant empire and his legacy...
...Causeway Capital Management LLC, the LA hedge fund, has declared 4.88 per cent of Micro Focus....
...It said it also “suffered from legacy issues at Gottex that came to light following the 2014 merger”....
...Inmarsat has targeted in-flight connectivity as a potential growth driver but that segment has yet to offset lower legacy revenue....
...“We’re going to see a flow of business outside of bank holding companies,” Mr Diamond said....
...The London-based activist investor TCI has called on the company containing the legacy assets of Yahoo to wind down and sell off its $76bn holding in China’s Alibaba, effectively bringing down the curtain...
...At the same time, it is unclear what will happen to existing international holdings of some of these companies....
...It will take time to shake off Mr Ecclestone’s legacy....
...And it can deliver its high-margin products cheaply because it doesn’t have its rivals’ colossal legacy costs....
...The Australian Securities Exchange announced it has enlisted Digital Asset Holdings to develop a new system for clearing and settling trades in the Australian equity market....
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