Hints and tips:
...Brookfield is still considering offloading a minority stake or recapitalising Center Parcs, but could also opt to hold the resort group for several more years, the people said....
...The sector’s resilience explains why Choice Hotels International is looking to check into rival Wyndham Hotels and Resorts....
...The Canadian alternative assets group plans to sell the UK holiday resorts business for a mooted price of more than £4bn....
...In November BYD management told Citigroup analysts they aimed for a market share of about 10 per cent in overseas markets excluding the US or Europe in the long term....
...The group has expanded from New York — where it serves the city’s airports and resorts such as the Hamptons — to bases in Vancouver, Canada and India....
...If a sale goes ahead, it could potentially net a windfall for Brookfield, which acquired the resort group from Blackstone for about £2.4bn in 2015....
...“I wouldn’t call this a bubble,” said Koji Toda, a fund manager at Resona Asset Management. “And there is still no certainty of overcoming deflation.”...
...Or trash management at least....
...A version of this article was first published by Nikkei Asia on May 16 2023. ©2023 Nikkei Inc. All rights reserved....
...Isda’ call was echoed on Tuesday by Dutch pension fund APG, which has around €558bn assets under management....
...After all, as one Foxconn employee said, the company is “very used to closed-loop management”....
...Corebridge, the life and asset management business of insurance group AIG, went public this week with the help of 43 different banks, the second-highest number of managing underwriters for a US listing on...
...The fund also owns holiday resorts business Center Parcs, which it may look to sell soon, according to Hyler....
...It also warned it couldn’t evaluate “whether management’s assessment about the valuation of certain account balances is adequate”....
...In the past, banks with large balance sheets had acted as buyers of last resort when investors took flight and dumped bonds....
...The looming decision is likely to expose a rift within Meti between protectionists wary of selling out Japan Inc, and a strong contingent that wants the country to be more open to foreign investors....
...By its nature, serendipity doesn’t lend itself to management....
...More recently Apollo acquired the operations of Las Vegas Sands marquee resort and casino The Venetian for $2.25bn, the Great Canadian Gaming for $2.5bn and the Italian sports-betting group Gamenet....
...He was previously a managing director at information management group Iron Mountain. Venture capital group Initialized Capital has added Parul Singh as a partner. She joins from Founder Collective....
...Though relatively easily triggered under Japanese corporate law, EGMs are viewed by investors as a last resort and with genuine terror by managements....
...On March 23, Uy-led fuel retailer Phoenix Petroleum Philippines said its board had mandated the management to enter into negotiations on a possible sale of assets or investments as “part of its debt management...
...More recently Apollo has acquired the operations of Las Vegas Sands’ Venetian resort for $2.25bn, Great Canadian Gaming for $2.5bn, and Italian sports-betting group Gamenet....
...The writer is chairman of Fulcrum Asset Management Early in the Covid-19 pandemic, it became clear that the global economy would require a massive extension of public and private debt to avoid an extraordinarily...
...The company behind Las Vegas’s Caesars Palace, Harrah’s and Planet Hollywood was about to close a $17bn, debt-laden sale to Eldorado Resorts....
...Back in 2016, within the taupe-coloured finishings of the main Davos conference centre used by the World Economic Forum to shut down the Swiss ski resort every year, this reporter and the FT’s Gillian Tett...
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