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...The $18bn distressed debt investor Strategic Value Partners seized control of the owner of US retail properties such as Rolling Oaks Mall in Texas and Tippecanoe Plaza in Indiana in a transaction approved...
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...Not a subscriber? Sign up here. Drop us a line and join the conversation: Due.Diligence@FT.com So much for M&A being dead Megadeals are acting a bit like London buses....
...(FT) Homecoming At the heart of China’s ambitions to become technologically self-sufficient is a relatively unknown company called Semiconductor Manufacturing International Corporation....
...corporation law....
...A US bargain hunter doesn’t fancy his chances in a no-deal Britain It seems Britain is too risky to be in, even for a distressed debt investor....
...A solicitation for so much money with so little information is a sign that something of central importance has gone wrong in US public markets....
...Anonymous cash transactions by LLCs accounted for more than a quarter of purchases in 2015. The lights came on and......
...West Texas Intermediate, the US marker, was down 0.8 per cent at $49.21 a barrel while Brent was down 0.3 per cent at $52.22....
...EQT Corporation has agreed to acquire Rice Energy in a $6.7bn deal that will combine two of the leading producers in Pennsylvania’s Marcellus Shale to become the largest natural gas producer in the US....
...Austin, Texas....
...Brent crude, the international benchmark, was 0.2 per cent higher at $40.56 a barrel and West Texas Intermediate, the US marker, was down 0.1 per cent at $39.74....
...West Texas Intermediate, the US benchmark, dropped 0.7 per cent to $35.39, a new low since February 2009....
...The Texas-based group purchased by Ares Management and the Canada Pension Plan Investment Board for $6bn in 2013 filed plans with US securities regulators on Tuesday to list shares publicly....
...El Paso MLP was a master limited partnership formed by El Paso Corporation to house its midstream assets and take advantage of a potentially lower cost of capital....
...Caesars and Texas utility Energy Future Holdings were among the largest “take private” deals of the boom years....
...Using $400m of its own money and borrowing the rest, the private equity group then purchased energy assets in Texas, Louisiana and North Dakota – striking a $250m deal with ConocoPhillips in 2004 and a $2.3bn...
...Other wealthy donors who helped Organizing for Action raise $4.9m in its initial fundraising round include Nicola Miner, of Quotidian Corporation in San Francisco, John Goldman, philanthropist, Ercument...
...A US Congressional committee might have branded Huawei Technologies and ZTE Corporation, the Chinese telecom equipment makers, as a threat to US national security....
...Bankruptcy We discussed this at some length on Monday because it reminded us of Texas Competitive Electric Holdings Company LLC (TCEH) in 2011....
...Texas-based Vista last month agreed to pay 350p a share – a 6 per cent premium to Misys’s closing share price of 329½p the day before the approach – and is looking to combine the group with Kondor, the former...
...The emails could expose sources and intelligence gathered by Texas-based Stratfor, whose clients include a number of large corporations including BT, BAE Systems, Apple, Microsoft, Coca-Cola and Google....
...The senior bank debt of the largest LBO ever, that of Texas utility Energy Future Holdings, is trading at 60 cents on the dollar....
...Thousands of companies have been put on alert for cybercrime after hackers stole personal data and credit card details held by a US security company, and threatened to make public the client list of at least...
...Ares Management, a US private equity group, on Tuesday teamed up with the Canada Pension Plan Investment Board to acquire the 99 Cents Only chain of discount retail stores for $1.6bn, placing a bet that...
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