Hints and tips:
...bullishness on tequila: While Tequila has been showing early signs of a slowdown and potential signs of down-trading, we believe the category will continue to outperform the broader Spirits market in the USA...
...InfraBuild sounded out investors about a new bond this year, but demand was weak partly because of concerns about its proposed $600mn acquisition of Gupta’s Liberty Steel USA....
...Apollo’s $1.3bn private debt deal with accountancy BDO USA this month is the biggest. There have been equity purchases too....
...owned by Fortress Investment Group, had struck a 20-year deal with the UK-based group in 2018 to rebrand its service in Florida, and a planned route from Las Vegas to southern California, as Virgin Trains USA...
...only supplying the terminal’s clients with terse news on recondite subjects to a swish subscription offering whose breadth competes with publications ranging from The Wall Street Journal and the FT to USA...
...The companies through which the brothers own the planes, Clear Sky LP and Clear Sky 2 LP, owed EG Group $21mn as of December last year....
...In late-July Senator Elizabeth Warren and others in Congress introduced a bill to curb non-debtor releases, citing Purdue Pharma and bankruptcies such as the Boy Scouts of America and USA Gymnastics where...
...In February 2019 Virgin Trains USA abruptly pulled plans for an initial public offering that it had hoped would attract new capital and value the service at $3bn....
...It follows other attempts at consolidation in the industry, most recently an $8.4bn hostile bid by Altice USA for Canadian telecoms company Cogeco, which was rebuffed by the latter’s controlling family two...
...Job moves WeWork has held talks with T-Mobile USA boss John Legere to become its new chief executive, as the lossmaking office leasing company’s majority owner SoftBank attempts to stabilise the company...
Industry buffs up code as regulators voice concerns over sharp practices
CFTC seeks timeframe for action on clean-up of credit default swaps market
...Late on Friday the rebranded Virgin Trains USA filed preliminary documentation for an initial public offering to fund its expansion and list on Nasdaq....
Court ruling awaited amid concern healthy operators will be pushed into default
Regulator statement on CDS agreements follows legal clash over Hovnanian deal
...Alan Livsey Lex writer Best of Lex articles Carillion: damage limitation Carillion: don’t blame it on the Schuldschein Apple: USA, USA Kakao Corp: up like a rocket Walmart/wages: for the greeter good...
CME, CBOE and Cantor pass hurdle in preparing derivatives on volatile cryptocurrency
...Dexter Goei, who runs Altice USA, was reinstated to the role of group chief executive....
Presidential adviser faces conflict of interest claims over oil refiner’s activities
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