Hints and tips:
...Warburg declined to comment on its asset sales. Despite its successful conclusion, Warburg’s latest fundraising effort encountered challenges....
...Last week it took part in a $3.84bn debt sale tied to the buyout of software group Citrix, picking up the junior bonds at a deeply discounted price when lenders led by Goldman Sachs and Bank of America raced...
...Following the spin-off of commercial vehicle manufacturer Iveco in 2022, most of the group’s trading activities moved to New York in a shift CNH said reflected “that the company’s new business profile and...
...PwC had run the sales process....
...And while high-yield bond sales are up, investors warn the market is all but closed for lower-rated groups....
...Under the proposed deal, Finback would have bought a stake in a US vehicle called Gideon Cyber Systems LLC that several people familiar with the matter said was created to sell NSO products into the US,...
...The industry’s rise comes during a period of tense US-China relations and a rise in trade barriers, including sweeping controls of American technology sales to China....
...The carmaker lost more than $1.4bn in the first three quarters last year and remains reliant on sales to other businesses owned by its parent company Vingroup....
...In the subsequent sale, RedBird IMI agreed to acquire it by buying this debt....
...In an interview with the Financial Times, Weightman noted “similarities” between the sales pitch that was used then and Corinthia’s success in attracting an entire team of senior executives from Barings,...
...world’s largest markets for vehicles....
...In the first nine months of this year, Cruise reported just $76mn in sales and an earnings before interest and tax loss of $1.9bn — up 36 per cent on the previous year....
...Gotham City’s allegations centre on the sale of two businesses to Scranton Enterprises, a family vehicle....
...In March, a VinFast subsidiary entered into a 24-month agreement with GSM for the sale and delivery of up to 30,000 VinFast EV models. VinFast has said it expects to sell 50,000 vehicles this year....
...Vista used a similar manoeuvre in its $4.6bn sale of events planning software company Cvent to Blackstone in March....
...Suggested reads South Korean chipmakers halt old equipment sales over fears of US backlash (FT) Space One’s Kairos rocket explodes just after lift-off in Japan (Nikkei Asia) Japan chip stocks slump amid...
...The company previously disclosed that it is heavily reliant on vehicle sales to Green and Smart Mobility (GSM), a Vietnamese taxi company that is controlled by the carmaker’s parent Vingroup....
...Meanwhile, big money managers nowadays use artificial intelligence to sift through vast data sets such as real-time credit card sales and earnings call transcripts in a never-ending attempt to gain an edge...
...Pham Nhat Vuong, chair of VinFast Auto, has added billions of dollars to his net worth thanks to the success of the Vietnamese electric-vehicle maker’s New York listing....
...VinFast’s sales remain much lower than those of its competitors. It expects to sell 50,000 cars this year and says it has production capacity of 300,000 electric vehicles a year....
...Mistry launched Xtrackers during his time as co-head of index investing at DWS, including rolling out the S&P Select Frontier Swap Ucits ETF in 2008 as the first such vehicle in the world....
...Job moves Bob van Dijk is stepping down as chief executive of Naspers and as head of Prosus, the Amsterdam-listed investment vehicle it backs....
...Sales have exploded in recent years from €250mn in 2019 to a forecast of more than €800mn this year....
...Its sales centre in Santa Monica, nestled among outlets for Louis Vuitton and Tiffany on an open-air plaza, attracts “lots of footfall” from the nearby beach, according to a sales assistant, who asked to...
...The latest sale, advised by Rothschild on Mayhoola’s side and Centerview on Kering’s, gives Pinault’s growing empire a slice of a heritage brand lauded as the fastest-growing luxury company from 2013 to...
International Edition