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...RedBird IMI deal....
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...He added that Ola Electric’s digital model meant complaints were often more visible than with traditional automakers, which tend to deal with issues offline at service centres....
...One lender estimated that 30 per cent of new inquiries for NAV loans were for “defensive” deals....
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...Since GIC ditched its holdings in Vista, the sovereign wealth fund has co-invested with other private equity firms in deals in which Vista also participated, a person familiar with the matter said....
...It was the tenth anniversary of its spinout from French insurance company Axa, a deal dubbed “the robbery of the century” by a rival, and likely the best deal of Senequier’s investment career....
...The transaction is a new chapter for the Pinault family’s holdings, which have largely focused on the luxury industry in the past decade....
...The Swiss government itself, which brokered the deal and introduced an emergency law to make it happen, is also facing claims....
...Investors holding 80 per cent cent of the shares in the Spac merging with VinFast redeemed their holdings — roughly in line with other recent deals. Such cancelled shares reduced VinFast’s free float....
...But the deal was a disaster. Trevor Milton, the founder of Nikola, was convicted of securities fraud last year, and is now facing sentencing later this month....
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...Such a partnership deal would mark the largest of its kind in the $4tn global hedge fund industry....
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...“Banks are nervous to underwrite single-B credit with M&A timelines which could be six months of holding the risk,” said Lauren Basmadjian, co-head of liquid credit at Carlyle....
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