Hints and tips:
...The holding company owned by French billionaire François Pinault and his children will end up holding a 56 per cent stake, the documents show....
...Read our full report here Ardian: the European private equity powerhouse with a succession problem On the evening of September 27, France’s financial and political elite mixed with Middle Eastern royalty...
...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...
...Thus, the illiquidity of private holdings could prove challenging at times of investor redemptions and in market downturns. 2. Use of leverage to fund private investments....
...Royalty Pharma, a group that makes money from royalties on drugs, this week raised $2.2bn in the biggest listing of the year. Warner Music earlier this month sold $1.9bn of stock....
...Alphaville was recently flipping through the Paycheck Protection Program (PPP) data dump from the US Treasury and came across loans for two entities called Delight Holdco I LLC and Delight Holdco II LLC....
...EIM was sold to Gottex Fund Management Holdings, a Swiss investment company, in 2013. EIM had been hurt by having made a $230m allocation to funds linked to the Bernard Madoff fraud....
...By contrast, every time someone streams a song, Spotify is charged a fee and the more users it adds, the more royalties it pays....
...Activist battles 2: Innoviva THE BUSINESS A respiratory drug company that receives royalties from GlaxoSmithKline for its asthma medications....
...LLC collected nearly $20 billion in tax-exempt royalty payments from 144 other WorldCom subsidiaries located in separate filing states around the country....
...Analysts with Citigroup raised their price target on Palo Alto to $76, citing both the absence of a potential Juniper-related royalty, as well as higher expected profits and operating margins....
...In spite of their traditionally elitist associations, however, ball gowns today are as much associated with celebrities as political royalty, and have become the ultimate fashion statement – something to...
...Royalties would also be payable if products are successfully commercialised....
...Qatar Holding – which bought the luxury goods store from Mohamed Al Fayed three years ago for £1.5bn – received the payout following a year of strong growth....
...Royalty dropped its $8bn hostile bid for Elan on Tuesday but has said it remains interested in taking part in the sale process....
...The majority of shares tendered were accounted for by Johnson & Johnson, which tendered almost all of its near 18 per cent holding in Elan at the lowest end of the range, earning the US conglomerate $213m...
...Arm Holdings was a top performer in a falling London market on Wednesday....
...Chile’s major retailers have representative offices in Beijing, as does Banco de Chile, owned by the Luksic family, part of Chile’s corporate royalty....
...The High Court ruled that MedImmune’s two patents were invalid, clearing the way for Roche and Novartis, its European marketing partner, to produce the drug without paying royalties to their Anglo-Swedish...
...In a note last week Brad Hintz at Bernstein Research said Charles Schwab , TD Ameritrade and LPL Investment Holding, all of which have significantly underperformed their indices, had “relative near-term...
...Arm Holdings is in the charge again on Tuesday morning: And the reason for this move?...
...Doubts over demand led chip designer Arm Holdings to its sharpest fall in 2½ years as the FTSE 100 erased its 2011 gain....
...The deal would require a change to current laws on foreign ownership of US broadcasters, which limit overseas holdings to 25 per cent....
...“It will take a royalty from its partners and have a chance to display its brands. If this is how it works, I see no downside and possibly some upside.”...
...After his death, Cobain’s estate passed to his wife, the singer Courtney Love, who in 1997, with Cobain’s bandmates, formed Nirvana LLC, a limited liability company to oversee their interests....
International Edition