Hints and tips:
...In August, Swedish private equity giant EQT offered to take private German software group Suse in a deal worth about €3bn after a tech sell-off and profit warning dented the shares, about half the valuation...
...It’s being tested at Vail, Beaver Creek, Breckenridge and Keystone resorts this winter, with a full launch planned for next year....
...A friend who came one July said he walked into Furnace Creek gas station and the attendant asked: “Are you German or British?” He was then handed a carton of eggs....
...The village of Balmoral, south-west of Sydney, has been decimated by the Green Wattle Creek firestorm....
...The 60-year-old German entrepreneur has owned a home there since 2003....
...During a near-death experience in 2016, it also borrowed heavily from Swiss investment firm GAM, through a vehicle named after a creek on Greensill’s family watermelon farm....
...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....
...Smart reads House of cards The Sydney installation of the billionaire businessman James Packer’s Crown Resorts empire was meant to be an oasis for Asian high-rollers....
...After a long financial career which included a stint as a junk bond investor at AIG, Reeg has been remaking the once obscure regional casino chain Eldorado Resorts into a gambling powerhouse....
...Hundreds of miles from any ski resort, these ranges were first skied in earnest in the late 1960s....
...German fine wines....
...Further down the creek, Dubai’s original celebrity chef, Gordon Ramsey, is pulling out from his restaurant at the Hilton Dubai Creek....
...“My friend in the embassy in Colombo told me it was the secret place for those in the know,” the German lady tells me....
...It provides bicycles (pick up a picnic lunch at the Oakville Grocery and peddle out among the vineyards along Dry Creek)....
...Then a German, a fellow curry fan, told me that the best underwater sights were now actually out in the bay....
...Treveria’s German commercial property portfolio was seeded by now-defunct property company Dawnay Day, which kept a 5 per cent stake in all of the buildings to avoid real estate transfer tax....
...I was surprised when a German couple sat at the next table – close enough for my boisterous two-year-old to disturb them. The woman smiled, saying she was glad to see some life in the resort....
..., a resort in southern Japan....
...As for Fiat, whose merger offer is still on the table and undoubtedly makes the most industrial sense, it is likely to be GM’s solution of last resort....
...But there are also multi-million-pound villas and a clutch of new, more expensive resorts....
...Germany allows expropriation to be used only as a measure of last resort....
...Many politicians on the centre-right of Germany’s ruling coalition also oppose a possible expropriation, which is supported as a measure of last resort by Angela Merkel, the chancellor, and the finance ministry...
...“Under the German constitution, expropriation must be a last resort …in the case of HRE there are other instruments available.”...
...Concern is mounting in Germany that Hypo Real Estate will require a capital injection from the German government before its nationalisation, slated for April....
...Georg Funke left the bank abruptly in October after it had to be saved with a €50bn rescue package from other German banks and the government....
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