Hints and tips:
...On Wednesday, Scott Nuttall, co-chief executive of KKR, conceded that returns for large public companies such as KKR are often mixed....
...For example: if Generic Greek God Capital is buying Widgetmaker Inc, 70 per cent of the equity it ponies up might come from one of its LBO funds....
...It is also known for financing entrepreneurs who create platform companies to consolidate industries like insurance....
...“We all know the golden years of systematic equity were the 80s, 90s and 2000s. I think we’re in the golden years of credit.”...
...A road map on relevant regional co-operation was adopted in 2016....
...The tie-up between the number two and three brokerage companies in the insurance industry would be a game changer but competition authorities (and rivals) are likely to have something to say about it....
...As a result, bond fund managers are less likely to run into credit concentration limits that restrict them from owning too much debt from one company....
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...“If pharma companies continue on this path they will kill the goose that laid the golden egg.”...
...John’s elder brother Craig was to lead the combined company instead....
...buying a 20 per cent stake in a Chinese internet TV company Wasu Media Holding Co for more than $1bn on Tuesday....
...In 1979, the skyscraper was sold for $85m to pension fund Teachers Insurance and Annuity Association – College Retirement Equities Fund....
...Exchange traded funds, mutual funds and big pension funds are not known for confronting boards....
...JPMorgan has said it is co-operating fully with the SEC....
...and Fukoku Mutual Life Insurance are among the companies shortlisted to buy a minority stake in Indonesia’s Panin Life for about $200 million, sources said. http://reut.rs/UqGs3l China snubs Norway in...
...However, the company says it has no plans to raise fresh capital in the equity markets for the next couple of years, unless there is a golden opportunity....
...The company has no nameplate in the lobby of the Golden Treasure Tower, a nondescript building near the Forbidden City, the traditional seat of imperial power....
...Starr & Co., Inc., which was formed in 1950 and focuses on highly specialized insurance lines; far more, we believe, have joined other, larger companies....
...The stock, which trades at a fraction of the levels touched during AIG’s golden era under former chief Hank Greenberg, has see-sawed wildly as investors switch between hope and despair about the company’...
...“Half the world thinks I’m a fireman and the other half thinks I’m an arsonist.”...
...To make matters worse, AIG, the insurance giant once feared and respected in four continents, was crumbling under the weight of derivatives bets that had gone wrong and needed more than $20bn (€13.7bn, £12bn...
...Pre-funding would be no golden bullet. Even the US Federal Deposit Insurance Corporation has had to impose an emergency levy to rebuild its fund....
...Investors in the new fund include IAM National Pension Fund, State of Oregon, and Sentry Insurance....
...The FDIC estimates that the cost to its Deposit Insurance Fund will be $4.9 billion....
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