Hints and tips:
...Ken Griffin’s Citadel, for instance, gained 38 per cent last year, while rival Millennium Management made 12.4 per cent....
...Under Prime Minister Shinzo Abe, the company has been held up as a paragon of corporate Japan and has made 11 overseas acquisitions in the past two years....
...The Sparta is owned by Maritime Equity Partners, an investment vehicle in which both Oaktree Capital and Lion Cao Asset Management, another private equity firm, have stakes....
...Paragon has invested about £220m over the past four years in acquiring such portfolios....
...The investigation, codenamed “Tabernula”, has already seen nine suspects arrested, including most recently a trader at Legal & General Investment Management in February, who has now been suspended from the...
...Among rival lenders, it is thought that Yorkshire Building Society and Paragon Mortgages looked at the business but are yet to come forward with formal bids....
...Bridgepoint Capital, Apollo Global Management and Blackstone were among the private equity suitors for Paragon, which said in July it had received a number of approaches and “entered exploratory discussions...
...Blackstone of the US, Bridgepoint of the UK and a third unidentified private equity bidder are carrying out due diligence, while other groups are watching closely, including JC Flowers and Apollo Management...
...In a trading update on Monday, Paragon said its performance in the 11 months to August 31 was in line with management expectations....
...It was also revealed that Wellington Management Company, a long-term investor in the UK media sector, upped its stake in EMI to 6.4 per cent from 5.3 per cent....
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