Hints and tips:
...Now the Artemis deal, which is expected to close by the end of the year, values the agency at more than $7bn, including debt....
...Its new fund — known as Strategic Investment Partners V — plans to buy risky debt, including junior loans and convertible bonds, as well as preferred stock....
...The Pinault family’s holding company Artémis, whose other holdings include a controlling stake in luxury group Kering and auction house Christie’s, plans to use $2.8bn in equity and $425mn in debt to buy...
...One scoop to start: GAM is scrambling to find a buyer ahead of results it has delayed by two months, five years after a scandal over private debt holdings that led to fines, the resignation of the investment...
...(Pimco) — The PagerDuty CEO who quoted Martin Luther King in her mass sacking email is v v v sorry....
...The Chinese ecommerce behemoth’s shares had been hammered by Beijing’s crackdown on tech, leaving SoftBank to sell most of its holding at prices on a par with where Alibaba opened for trading in New York...
...Claer Barrett How much debt they’re holding. Gary Stevenson But also spending all their income every year, debt increasing, losing their assets....
...Black proposed “alternative assets”, which could be anything really: office towers, the debts of distressed borrowers, even entire companies....
...In 1980, the M-19 guerrilla movement stormed a diplomatic reception in Bogotá and kidnapped US envoy Diego Asencio, holding him and several other ambassadors hostage for two months before flying them to...
...Mr Kosarev had a stake in the holding company that owned Vivacom but his investment was wiped out by the debt default....
...About 95 per cent of the insurer’s assets are invested in corporate debt, mortgage-backed securities and cash. The insurance company carries little debt, and a lot of excess capital....
...Investors holding debt with upcoming maturities are preparing for tricky negotiations with their debtors. The negotiations will be trickier if the debtor is the president of the United States....
...And then, after two months of holding squares across the United States, Occupy was hit by the authorities....
...It comes a month after the firm’s billionaire founder, Marc Rowan, emailed senior White House adviser Jared Kushner to urge an expansion of the US Federal Reserve’s purchases of securitised debt in order...
...The judge also queried the level of involvement that Mr Muhairi and Mr Shetty retained at NMC Healthcare LLC, NMC’s main holding subsidiary in the UAE....
...Delta raised $5bn from investors last month by mortgaging assets including airport landing slots, for example, and United sold $1bn of equity....
...No longer would Apollo confine itself to buying companies and loading them with debt....
...In Dundee, the most pro-independence city in Scotland, a new £80m V&A Museum opened in 2018, part of a dockside redevelopment....
...Chart du jour: PMIs hit a V Europe’s economies may be heading for sharp bounceback in activity after the relaxation of lockdown measures, according to a closely watched survey of businesses....
...But a funny thing happened last week: the Japanese CLO whale, commonly known as Nochu, reported a drop in its holdings of these debt investments for the first time in years: OK, so admittedly, it’s a slight...
...Causeway Capital Management LLC, the LA hedge fund, has declared 4.88 per cent of Micro Focus....
...In that case we get the much-discussed V-shaped recovery in the third quarter....
...He went to London and worked for the Ladbrokes betting parlours — a chain with big real-estate holdings — dabbled in Hollywood and then earned an MBA from UCLA in 1992....
...United untethered: can a losing team still win big?...
...with Rite Aid shareholders holding the remainder....
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