Hints and tips:
...Caesar will continue to lead Actis and its funds will continue to use the Actis brand....
...Despite this thoughtful piece of temporal UX design by Julius Caesar, the end of February can still prove problematic for some companies (h/t to the eagle-eyed folks over at AlphaSense)....
...When Dublin, which took over the lender during the crisis, divested some of its 99 per cent holding in 2017, the share price tumbled. Before that there was Caesar’s Entertainment....
...Shazeer moved on from Google in 2021 after two decades to co-found Character.ai, a company that allows users to build chatbots of their own characters, from the Buddha to Julius Caesar or Japanese anime....
...It also has a deal with Caesars, ESPN’s exclusive sports book odds data provider and the owner of the Las Vegas studio where the channel films much of its betting programmes....
...During Caesars’ fraught final restructuring negotiations, one observer memorably declared: “Oaktree is here to drink the blood of Apollo.”...
...This, after all, is the same firm that cemented its reputation for a take-no-prisoners approach during an epic clash with private equity powerhouse Apollo over the bankruptcy of casino group Caesars....
...Veni, Vidi, VinFast, as Julius Caesar might have said of its ambitions....
...Caesars’ hot hand Early in 2020, it was like déjà vu all over again for Caesars Entertainment....
...Speaking of Apollo, Sujeet has just published a book on the bankruptcy fight of the famous casino Caesars from a half decade ago, The Caesars Palace Coup....
...The investment firm acquired the biggest US gaming empire, Harrah’s Entertainment, in 2008 with rival buyout group TPG for $31bn, although the company, which was later renamed Caesars, later went bankrupt...
...By then, the casino group and its private equity owners had settled the bankruptcy case for nearly $6bn, and Harrah’s, rechristened as Caesars Entertainment, was largely under new ownership....
...In the Caesars case, for example, where it owned $1bn worth of debt, it had filed a lawsuit accusing the Caesars’ co-owner, Apollo, of “unimaginably brazen corporate looting” for selling casinos that creditors...
...(WSJ) News round-up GardaWorld makes formal £3bn hostile takeover bid for G4S (FT) William Hill board recommends £2.9bn offer from Caesars (FT + Lex) EY faces mounting backlash after Wirecard whistleblower...
...Until the deal with Eldorado was announced, Caesars’ stock was slightly down. In the Eldorado buyout, $3bn of financing will come from proceeds of sale and leaseback transactions with Vici....
...But for some of Wall Street’s most prominent investors, the real show has been happening behind the scenes at Caesars Entertainment....
...As a part of the restructuring, a separate listed company called Vici Properties was created to own the properties of several Caesars casinos....
...Caesars were expected to each own roughly half of the combined company....
...“Our approach is going to be to partner deeply with banks and the financial system,” Caesar Sengupta, Google’s general manager of payments, said in an interview with the Wall Street Journal on Wednesday....
...The enlarged Caesars will have 11 board members, six of whom will join from Eldorado....
...of Caesars Palace....
...Caesars, J Crew, Sears, Toys R Us and iHeartMedia are just some of the examples in recent years where pre-bankruptcy wheeling and dealing left creditors cold and looking for vengeance....
...Caesar falls: Ghosn saga enters week two Hours after Carlos Ghosn — the business leader who commanded a major car empire — was arrested in Tokyo last week, his deputy Hiroto Saikawa at Nissan told reporters...
...Millstein & Co has also counted bankrupt casino Caesars and US Airways as clients. The investment bank is expected to name Mr Millstein co-chairman of its securities business, alongside Alan Schwartz....
...The Wall Street law firm Paul Weiss, one of whose largest clients is Apollo, has faced criticism for both not warning Caesars about the risks of insolvency and then representing both sides of Caesars in...
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