Hints and tips:
...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....
...Guggenheim Partners, the second largest shareholder in the oil exploration and production company, has said it will vote against the company’s proposed acquisition of Bonanza Creek, joining Carl Icahn in...
...Trafigura Holding has 6.23 per cent, Clough Capital Partners has 6.86 per cent and Owl Creek Asset Management 7.99 per cent....
...Owl Creek, a $3bn US hedge fund that had a trading position in the companies, suffered from the fall, as did Richard Perry’s Perry Capital and Bill Ackman’s Pershing Square....
...Sunland, an Australian developer, has swapped its 49 per cent stake in the almost-complete Palazzo Versace hotel with its UAE partner....
...“Conduit” bonds include borrowings by private nonprofit hospitals and higher-education institutions that need to partner with a public entity to access tax-exempt financing....
...The latest Spanish private equity deal to run into trouble is Levantina, the maker of marble tiles and granite kitchen worktops, which was bought for €540m ($680m) by Charterhouse Capital of the UK and Impala...
...Consultants cannot take managers at their word, says Adrian Sales, head of due diligence at Albourne Partners....
...have received a “full spectrum” of bids, including offers to take control of the whole company by injecting new management and assets, and bidders wanting to take control of most of the company including Granite...
...“Basically these guys are settling down but without the partner,” she says....
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