Hints and tips:
...That date is significant because it’s the same day GAM first invested in bonds from Laufer Limited, a special purpose vehicle named after a creek on Lex Greensill’s family watermelon farm....
...Coty took $4bn in writedowns on the P&G business in 2019, yet continued to spend on acquisitions such as roughly $800m to buy stakes in two make-up brands founded by American celebrity sisters Kylie Jenner...
...Seed Beauty is essentially the company behind KKW Beauty and King Kylie, and it’s not very happy about the two of them teaming up with Coty, a competitor....
...over EssilorLuxottica’s next CEO heats up (FT) Whistleblowers see Carphone Warehouse fined £29m for mis-selling (FT) OxyContin maker makes progress on overdose drug (FT) Pernod weighs sale of Jacob’s Creek...
...It launched Kylie Minogue and a polite-looking lad called Rick Astley....
...Over the past year several high-profile fund managers, from Greenlight Capital's David Einhorn to Nordea Bank's Robert Naess to Morgan Creek's Mark Yusko, have decried the anti-gravity performance...
...It could have been the 1860s, or any time long before that — in fact the scenes were more recent than The Beatles’ first LP....
...Related Links Lending Club’s latest results tell us a lot about the online credit business model — FT Alphaville Lending Club loans “inappropriately originated” to founder’s family — FT Alphaville Hampton Creek...
...That year, it was also a bank’s turn to discover it had traded its way up a creek without a paddle....
...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....
...Setting the tone early this year, Warner Music bought Parlophone, the British record label famous for having backed the Beatles, Blur and Kylie Minogue....
...“The market got tremendously excited about the Seaway expansion, but it has become apparent that the Jones Creek bottleneck will continue to keep flows well below the 400,000 bpd,” said Michael Wittner,...
...Aston has been building its flagship project, Maules Creek, which has not yet started producing coal....
...Citigroup is to reap $4.1bn from the sale of EMI, home to Kylie Minogue and Katy Perry, after Universal agreed to pay $1.9bn for the company’s recorded music business and a Sony-led consortium offered $2.2bn...
...The auction of the group behind the Beatles and Kylie Minogue could raise between $3bn and $4bn....
...The move to Universal Music follows years of turbulence at EMI, also home to Kylie Minogue and Katy Perry....
...Second round bids for the label behind Kylie Minogue and Katy Perry are due in at the beginning of October, later than planned due to the turbulence in the financial markets....
...Owl Creek Asset Management, run by Jeffrey Altman, saw its flagship $5bn offshore fund down 9.3 per cent by mid August, while York Capital’s $2bn York Investment fund had lost 5 per cent....
...The offer by the hedge funds – Monarch Alternative Capital, Owl Creek Asset Management, Stonehill Capital Management and Värde Partners – is what is known in Chapter 11 as a “stalking horse” bid, which sets...
...Hedge funds such as Paulson & Co and Owl Creek bought some bonds near the time of the bankruptcy in September 2008 for around 35 cents on the dollar, but other bonds for as little as 8 cents in the months...
...Itochu will initially buy a 15% stake in the project and may buy an additional 10% depending on exclusive talks slated to end on June 14, Itochu will also gain exclusive marketing rights for Maules Creek...
...Kylie Minogue’s “Can’t Get You Out of My Head” was a cleverly self-referential attempt to lodge itself into the collective consciousness, but didn’t quite make it....
...The borrowers, Tishman Speyer Properties, LP and BlackRock Realty, acquired the property with the intent of converting rent-stabilized units to market rents....
...From Bloomberg, again: Recovery swaps aren’t traded heavily because bid-offer spreads “remain wide,” Tim Backshall, chief strategist at Credit Derivatives Research LLC in Walnut Creek, California said in...
...However, Michael Hennessy of Morgan Creek Management says: “No one can ever precisely pick the top or bottom of a cycle....
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