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...Singaporean sovereign wealth fund GIC acquired a 35 per cent stake in Spain’s Hotel Investment Partners from Blackstone Group, while Abu Dhabi Investment Authority, one of Abu Dhabi’s sovereign wealth funds...
...The company was bought by US buyout group American Securities in 2011 before Apollo agreed to acquire it in 2014....
...“No matter the company’s attempt to switch focus from subscribers to financials, net [subscriber] adds is the key metric everyone wants to see,” he said....
...On January 3, its parent company filed papers with the Hong Kong Stock Exchange announcing that it was winding up the group and appointing a liquidator....
...The FSB security service said the unnamed woman, 33, lived in Los Angeles and had organised fundraisers for a Ukrainian group that spent the money on medical supplies, equipment, weapons and ammunition,...
...Investors are sceptical that the group can compete in a cut-throat streaming business in which it is battling against much larger groups such as Disney, Netflix and Amazon....
...timeshare.group...
...“They’ve [Netflix] made a real following out of the documentaries they do on various sports,” he told the Financial Times....
...Mario Gabelli, a longtime media investor who is the second-largest holder of Paramount’s voting shares, told the Financial Times he was opposed to any deal that favoured one class of investor over another...
...UTA’s complaint — which has been seen by the Financial Times — alleges “constructive fraud” and breach of fiduciary duties among other allegations....
...Since Bergman joined Disney in 1996, he has gained a reputation as a savvy businessman, having served as the studio’s chief financial officer....
...in Los Angeles....
...“I’m not in a position this year to give very specific Ebitda or cash conversion guidance,” said Gunnar Wiedenfels, chief financial officer, in a call with investors....
...The group estimated the rule would cost airlines $33bn over 10 years....
...“Our historical bias is to build and not buy,” said Spencer Neumann, chief financial officer, in a video call with analysts....
...Adrian Lewis, Inchcape’s chief financial officer, said there were several offers for its retail sites and following the deal, Inchcape would largely be a “pure-play” car distribution company....
...Peltz says the group needs to achieve “Netflix-like” profit margins in its streaming business, which has lost billions of dollars since its launch....
...I can report that Los Angeles in January is a lot more pleasant than New York in January, and that the best song to blast out of your rental car window on Rodeo Drive is the Decemberists’ “Los Angeles, I...
...Disney’s ESPN, Fox and Warner Bros Discovery plan to launch a sports streaming service later this year that will aggregate the games offered by the media groups’ traditional television networks....
...The terms of the Warner-Discovery merger barred the group from dealmaking for two years. That period expires on April 8....
...Meanwhile, the entity in question — Change Healthcare — is restoring its systems, after reportedly paying a $22mn ransom to the BlackCat hacker group. But investors should pay close attention....
...premium to the valuation of Endeavor’s own talent agency, WME Group, and its other businesses....
...In response, President Daniel Noboa declared war on “terrorist groups” and ordered a 60-day state of emergency....
...In response, President Daniel Noboa declared war on “terrorist groups” and ordered a 60-day state-of-emergency....
...In November, Disney named two new directors — former Morgan Stanley chair and chief executive James Gorman and former group chief executive of Sky Sir Jeremy Darroch — to its board....
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