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...Smart reads Bankruptcy in Texas Houston has been a favoured city for cash-strapped companies and corporations with large legal liabilities to find shelter from creditors....
...(laughter) Dave Baxter(laughter) Yeah. So that has lots of, for example, healthcare stocks and financial stocks as well. But yeah that’s the structure of the list....
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...The deal signals that the country’s cash-rich corporations are resuming their role as some of the world’s hungriest strategic buyers....
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...So we’ve seen a quite significant jump in government bond prices globally, and that’s pulling down yields hard....
...Just this year, a change to medical billing laws wiped out KKR’s $3.5bn equity investment in bankrupt Envision Healthcare. Senior creditors will probably take losses....
...Former UK prime minister David Cameron even tried to start a $1bn private equity fund anchored by the state-backed China Investment Corporation....
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...On a more serious note, Maureen Tkacik has been doing good work all year on an undercovered and hugely important story: The Great US Healthcare Rollup....
...The majority of Dutch pension money is currently invested in bonds, but this is set to change....
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...A true hero and visionary in healthcare, Karikó’s vital work saved millions of lives and helped bring us all back together after the most challenging public health crisis of our lifetimes....
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...The sector has trillions of dollars invested in industries from real estate and healthcare to energy and manufacturing....
...Under the proposals, SWFs’ revenue from passive portfolio investments, such as equities and bonds, would retain immunity from direct taxes....
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