Hints and tips:
...Abu Dhabi’s Mubadala agreed to buy a majority stake in Fortress, which manages about $46bn in assets and specialises in distressed debt investing, in May from Japan’s SoftBank Group....
...US private equity firm Silver Lake has consolidated its position as the second-largest shareholder in Manchester City’s parent company, with the group’s Chinese investors slashing their stake to close to...
...More consequentially for billionaire tycoon Gautam Adani’s eponymous group, however: its high-profile backer International Holding Company announced on Thursday that it will sell its stake in two of Adani...
...The near-term financial burden in the base case is what China et al are objecting to. Here’s what the Zambian finance ministry said it had been told after the deal collapsed....
...IHC has said much of the increase in value stems from the transfer of assets from Royal Group, another Abu Dhabi conglomerate....
...Michela TinderaShueb explained that IHC had grown through a transfer of assets from a company called Royal Group. Now, there are a lot of company names that we’re talking about here....
...By then, Apollo had grown to become one of the biggest private equity groups on Wall Street, owning billions of dollars’ worth of assets crucial to the operations of name-brand companies....
...The group is renowned locally for its successful move into international markets. MAF operates Carrefour supermarkets across 17 countries in the Middle East and beyond....
...An earlier deal between the companies for gas storage and transmission assets closed last year....
...said Sultan Al Jaber, Adnoc’s chief executive....
...Highlights CVC Capital Partners agreed to pay up to £365m for a minority stake in the Six Nations rugby union tournament, as the private equity group seals a crucial deal in its strategy to become the sport...
...(FT) India rescues big private sector bank India’s central bank has seized control of Yes Bank, the country’s fourth-largest private lender, as it tries to engineer a rescue plan and prevent a loss of...
...Ares Management has hired Stephane Etroy as head of European private equity. He was formerly executive vice-president and head of private equity at pension fund Caisse de Dépôt et Placement du Québec....
...And the FT’s Murad Ahmed has just broken news that underscores how sport has become an asset class where international finance is pouring in....
...And, as lockdown measures are softened, the return of the likes of Gregg's, Starbucks et al to the UK FtG market will increase competition....
...Or the gaming group bought by the Chinese iron miner? Many of the international assets caught up in China’s unyielding global dealmaking binge in 2016 have returned to the market this year....
...Group Ostrum Asset Management P+ (DIP/JOEP) Pædagogernes Pension PGGM PKA Rabobank Pension Fund Robeco RobecoSAM Sarasin & Partners LLP Schroders SKY Harbor Capital Management, LLC Southwark...
...They argue that it makes little sense to ban a non-strategic company such as Rusal while leaving Sberbank, VTB and Gazprom et al still tradeable in the US....
...This was disproved by the trial of US v Zarrab et al, in which a Turkish banker and a gold trader were convicted of laundering Iranian oil and gas revenues....
...(FT) SoftBank’s pact with US security regulators Japan’s SoftBank agreed to relinquish day-to-day control over Fortress Investment Group to win the green light to acquire the private equity business late...
...The PIF has around $230bn in assets under management, its chief Yasir al-Rumayyan told Bloomberg TV....
...The biggest activist fight — Nelson Peltz v Procter & Gamble — was only recently settled, two months after a shareholder vote....
...Its directors were listed as Khadem Abdulla al-Qubaisi, who was a managing director of the International Petroleum Investment Company, an Abu Dhabi investment vehicle, and Mohamed Badawy al-Husseiny, the...
...I’d set up and capitalise a European debt management agency to create ESBies (the European safe bonds of Brunnermeier et al). I’d set up a eurozone growth capital fund for fast-growing companies....
...And here is the lengthy background from Sweeney et al....
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