Hints and tips:
...Apollo has also historically turned to the borrowings, pledging its shares in ADT, Rackspace, Hilton Grand Vacations, TD Synnex and OneMain Financial to secure loans, according to the filings....
...SVB Financial bought the healthcare-focused advisory business for $280mn in 2019 as it tried to bolster its growing investment banking franchise....
...Giphy meets its ‘boomer’ fate In addition to holding the rights to this widely recognised meme, Shutterstock has now picked up a whole trove of lowbrow internet humour....
...Tesla has sold most of its $1.5bn holding. We think other tech companies should follow the lead of Elon Musk. Times are tougher. Holding a volatile asset on the balance sheet no longer looks cool....
...Investment banks, hamstrung by new regulations like the 2010 Dodd Frank Act, were curtailed from holding risky assets such as low-rated debts, which has limited their ability to finance many deals....
...At the same time, investors have marked down their public stock holdings drastically and at a far faster rate than their private portfolios, making them more overexposed to buyouts than ever....
...The company, owned by Comcast, has held the US rights to the Games since the summer Olympics in 1988 — a lucrative franchise that has raked in billions of dollars in advertising over the years....
...“The dominant tech franchises in 10 years will be very different from the platforms we all know today,” said Koch....
...Harris made a name for himself at Apollo’s buyout franchise — a business that has rarely looked stronger....
...They include a profitable investment in the Beats headphone brand, property holdings in Manhattan’s Tribeca district, and restaurants on Long Island in New York state....
...Now, four years later, we have the closest thing yet to an answer: in a statement to the Shanghai stock exchange this weekend, Hainan Airlines Holding Co said that “self-investigations” revealed billions...
...A listing of Fenway Sports Group LLC, the holding company for the reigning English Premier League football champions and the 2018 World Series baseball champions, would be one of the most high-profile sports...
...Between their first and second year at the school, they acquired 23 Burger Kings for their investment vehicle Cambridge Franchise Holdings....
...Mr Harris juggled sports holdings that include a controlling stake in the Philadelphia 76ers basketball franchise and London’s Crystal Palace football club....
...Hedge fund billionaire Bill Ackman was planning to raise $3bn for his Pershing Square Tontine Holdings vehicle. It was already expected to be the largest Spac in history before he upped it to $4bn....
...(Bloomberg) Holding grudges Longtime Ant Group investors await a massive payday come the company’s dually-listed initial public offering....
...“If you think about what [GE] lent against, they lent against planes, trains, automobiles, medical equipment, dealer floor plan [used car inventories], franchises, and so on.”...
...Other affiliates specialise in jet leases, franchise loans and other attractive niches....
...Beer battle: Kirin vs FP Target: Kirin Activist: Franchise Partners Late last year, UK-based FP launched a campaign to persuade the Japanese brewer to focus on making beer instead of branching out into...
...What started as a flower factory under Li’s control in the 1960s, is now a group that controls telecoms, energy producers, ports and large retail franchises across Europe and Asia....
...Other US companies to caution about the weak pound include Post Holdings, the New York-listed owner of British cereal brand Weetabix....
...Causeway Capital Management LLC, the LA hedge fund, has declared 4.88 per cent of Micro Focus....
...This month, it took a stake in Indian hotel franchise, Oyo Hotels & Homes to extend its reach in Asia....
...Private equity groups have found holding majority stakes in sport franchises profitable. Luxembourg-based CVC sold its controlling interest in Formula One in 2016 in a deal worth $8bn....
...The Chicago deal will bolster its equity franchise....
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