Hints and tips:
...The insurance units are required by state regulators to invest the vast majority of their holdings in investment-grade rated debt, to safeguard policyholders....
...“In Israel, anything newly built has to take account of existing landmarks,” says Aby Rosen, co-founder and principal of RFR Holding LLC, which was responsible for converting a 19th-century French hospital...
...So the co-founder and chief executive of Berlin-based holiday rental firm HomeToGo is frustrated at how slowly antitrust rules take to open up markets and enable competition to flourish in Europe....
...Both bidding groups agreed to pay off secured creditors in cash leaving unsecured bondholders holding nearly $3bn in current debt as the critical constituency left to win over....
...Last year, the insurer paid at least $875m to buy part of Hertz, the bankrupt car rental company. Such deals are complex, but potentially highly profitable....
...Any profits would be split between the holding company and the LLC partners....
...However, the group remains one of the biggest car rental companies in a country where the auto market has been steadily growing....
...The group’s holdings include long-term rental apartments, office, retail and business parks, creating “great potential synergies” with the latest joint venture, according to an announcement....
...Hertz chief financial officer Thomas Kennedy has resigned after more than four years with the car rental company....
...“They are holding back homes that they would otherwise be actively marketing, and which would therefore show up in inventory figures,” he says....
...Private start-ups such as Uber, the ride-hailing group, Xiaomi, the Chinese phonemaker, and Airbnb, the rental accommodation company, have also attracted billions of dollars in funding based on more stratospheric...
...RON Transatlantic, a holding company with interests in energy, logistics and financial services, began talking with HNA about collaborating on a deal last year, and together the pair will own a majority...
...Spark has more than 130 individual shareholders including business support agency Scottish Enterprise, with none holding above 5 per cent. Mr Gauld has a low single-digit stake and options....
...Buy: CLS Holdings PLC (CLI) Strong rental earnings and a rise in property values triggered an 8 per cent half-year increase in adjusted net asset value at CLS (CLI) to 1,914p a share, writes Daniel Liberto...
...The new company, Hertz Equipment Rental Corporation or HERC, generated revenues of $1.5bn in 2013....
...Goldman owns Metro under the “merchant banking” clause of the bank holding company act, which allows banks to own commercial businesses for a holding period of 10 years....
...The future of the equipment rental business, HERC, will be part of that review, according to people familiar with the situation....
...Hertz, the car rental company, advanced as it prepared to spin off its construction equipment rental business in a deal that could value the division at about $4.5bn....
...Alongside that, Safeway is distributing the remaining 37.8m shares, or 19 per cent, that it owns of Blackhawk Network Holdings, its gift card provider, to its investors....
...Hertz, the car rental group, became the latest US company to come under such pressure....
...- Why is it a rental and not a loan?, tyres edition. - Ryan Avent on Fed comms: “it isn’t remotely clear why the talk is of tapering.” - The Doom of Princeton, or Krugman on human capital....
...the money that private equity groups themselves actually receive as they charge their portfolio companies fees for the services they provide, collect money from investments in the credit markets and in rental...
...The new company will see Verizon hold a 65 per cent stake, with Redbox holding 35 per cent worth $14m....
...United Rentals said on Friday it would buy RSC, an equipment rental company, for about $1.9bn in cash and stock, or about $18 a share – a 58 per cent premium to RSC’s last closing price....
...New investors, mostly Asian, are investing in logistics, commercial and residential properties because rental income is stable, says Daisuke Fukushima, property analyst at Nomura in Tokyo....
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