Hints and tips:
...of finance and dialling back lending to riskier businesses....
...The new conditions will test industry giants such as Blackstone and Carlyle, and dozens of fast-growing firms including Thoma Bravo, Vista Equity Partners and Platinum Equity, which have seen their assets...
...Oaktree Capital is seeking to raise $10bn for a new fund that will help finance large private equity takeovers, taking advantage of a void on Wall Street as other lenders are sidelined....
...A move by Oaktree to seize the Venice development could have a profound effect on the wider restructuring of Evergrande, which has been trying to reassure its creditors since its finances started to unravel...
...Yet, much of the recent commentary assessing the corporate finance implications of elevated asset prices has focused solely on equities....
...At the end of Thursday the company was touting that it had raised $1bn. By Monday that total had increased by $2.4bn, with a laundry list of the company’s backers participating....
...Appearing via video link from a locked down Madrid, Ms Botin said those estimates were based on a “V-shaped” recession — a sharp shock followed by a rapid recovery, but stressed this was only one possible...
...We downgrade EPS by almost 20% Shore Capital’s downgraded International Personal Finance. Valuation....
...The Financial Times verified Chinese users’ findings and found with its own examination that Redcore was using components from the v. 49 version of Google Chrome....
...The US credit card business, especially for high end cards such as Amex Platinum, is more competitive than it used to be....
...Besides helping Dell finance the takeover, the use of tracking shares — treated as a class of the parent company’s own stock — will avoid the tax costs that would come from distributing VMware shares directly...
...To bolster its finances, Toshiba recently agreed to sell its medical device unit to Canon for $6bn and its home appliance business to China’s Midea for an undisclosed price....
...The US Department of Justice has asked the Supreme Court to reverse two overturned convictions on insider trading that have set back its pursuit of finance industry figures who trade on leaked information...
...Bankruptcy We discussed this at some length on Monday because it reminded us of Texas Competitive Electric Holdings Company LLC (TCEH) in 2011....
...As with Bush v Gore and Citizens United, the healthcare ruling could have a substantial impact on the direction of a US election....
...It reminds us of Texas Competitive Electric Holdings Company LLC (TCEH) in 2011....
...However, financiers added the caveat that funding package was signed before escalating fears over European debt and US public finances....
...His younger brother, Tom, another billionaire, owns Platinum Equity, a Gores Group competitor, also based in Los Angeles. Although the two companies are rivals, they often work together on deals....
...He was finance director of GEC Plessey Telecommunications between 1988 and 1990, and moved to Argo Wiggins Appleton. He joined BOC as finance director in 1994 and became chief executive in 1999....
...The remaining £100m would remain on the company’s balance sheet....
...Dubai will hope it can welcome more bankers like V. Shankar....
...Bain Capital has hired Goldman Sachs to find a buyer for Outback Steakhouse’s operations in South Korea, Japan and Hong Kong, to raise finance to restructure the company’s global debt and re-invigorate the...
...Abdulrahman al-Saleh, director-general of the department of finance, said that the holding company could sell some of its foreign investments and real estate holdings, which include the QE2 cruise liner...
...General Motors has agreed to finance a private-equity firm’s buyout of bankrupt auto-parts company Delphi, after itself filing for bankruptcy protection earlier this week, reports the WSJ....
...With the almost certain return of growth in the previous quarter, it is not an “L” but not yet robust enough to be a “V”. The likelihood of a “W” also seems far-fetched....
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