Hints and tips:
...Sir Jim Ratcliffe, billionaire founder of UK chemicals group Ineos, has also made an offer to buy the club, the company confirmed in a statement on Saturday....
...These include boots brand Dr Martens, whose shares are down almost 70 per cent since Permira listed it in January 2021; chemicals firm Azelis, which has shed 25 per cent of its value since EQT brought it...
...The recently-acquired securitised products group of Credit Suisse was busy providing cash to the likes of PacWest, the besieged California-based bank....
...Critics of private equity hoot that buyout groups inevitably miss out on bargains when company prices fall because debt is then harder to obtain....
...Abrdn, which ranks among Shell’s top 10 shareholders according to data provider CapitalIQ, is the first big investor to comment publicly on the proposals to split the energy group to generate better value...
...“He was a legendary investor himself,” said Dixon Boardman, chief executive of Optima Asset Management, who worked with Robertson at broker Kidder, Peabody & Co about 45 years ago before Robertson founded...
...Tiger turned down an early chance to buy 4 per cent of ecommerce group Alibaba because it deemed the valuation too high....
...Joshua Harris, another Apollo co-founder who was behind some of the company’s most successful investments such as the takeover of chemicals company LyondellBasell, also left during the turmoil after he was...
...The Tiger Cubs “were buying growth today and tomorrow but the earnings weren’t there in some of the stuff they were buying”, said Dixon Boardman, chief executive of Optima Asset Management, who has previously...
...After campaigning against a contentious merger in 2015 of Samsung’s construction and chemicals subsidiaries, Elliott Management was berated in the press as a “parasite”....
...But the group also pushed back against Third Point’s proposed break-up....
...A deal for Saudi Aramco to take a 20 per cent stake in Reliance’s oil-to-chemicals business is still pending, however, as the drop in oil prices strains the Saudi group’s earnings along with those of Reliance...
...“Aaron was a great, great man,” said Optima’s Boardman. “It would be too much to say he was responsible for Julian’s success . . ....
...A January Forbes article named SBF as one of the group’s (then) billionaire backers....
...(Business Wire, FT) US President Joe Biden and community groups are at a stalemate over where to source their renewable energy....
...It later expanded further into chemicals, PVC pipes, irrigation equipment and other industrial supplies....
...Its aggressive executives leapt on Twinkies maker Hostess Brands, chemicals group LyondellBasell, and other businesses left for dead....
...One was Scott Kleinman, 47, who had joined the group in 1996 and helped to net billions of dollars in profits from Apollo’s 2008 acquisition of the chemicals company LyondellBasell....
...A chemical engineer by training, Mr Smith has overtaken Oprah Winfrey to become the country’s richest African-American, according to Forbes....
...In Japan, a coronavirus-powered three-day surge in Nintendo shares has propelled the market value of the games maker past the country’s biggest bank, retailer and chemical company. 5....
...In March, the buyout group invested $1bn in social media site Twitter to help broker a ceasefire with the activist hedge fund Elliott Management....
...A proposed deal for Saudi Aramco to take a 20 per cent stake in its oil and chemicals business has not closed, with the dramatic drop in oil prices straining both Reliance’s energy units and the Saudi state...
...Cyber security experts have warned that hospitals and healthcare groups in particular could be targeted by nation states or criminals and Proofpoint reports the volume of coronavirus-related email attacks...
...Mr Loeb has previously targeted companies ranging from Dow Chemical to Sony....
...Ernesto Occhiello has left his role as chief executive of Swiss chemicals group Clariant just shy of his one-year anniversary at the helm. Full tale here....
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