Hints and tips:
...It lost $1.6bn because of hedges that backfired as the market soared. But Icahn could rely on one secret weapon of sorts to pour oil on troubled waters....
...Now, KKR has sold Chord at a valuation that is 68 per cent higher at $1.85bn. But this is not an apples-to-apples comparison....
...Fees underwriting these risky deals in the US have risen 35 per cent year to date to $1.8bn, according to data from LSEG, and are up 10 per cent globally....
...Data from Sweden’s statistical agency show that there are 1.33mn registered enterprises in the country....
...Jamal Hagler, the AIC’s vice-president of research, cites investments in new energy or energy transition infrastructure....
...UK inflation is currently running at 9.1 per cent, its highest level since the early 1980s....
...Disney said it was prepared to pay $8.6bn by December 1 for the stake, which would value Hulu at $27.5bn....
...Energy Transfer shares rose 1.7 per cent on Wednesday. Shares in Crestwood gained 4.6 per cent....
...Shares in Eni, which is 30 per cent owned by the Italian government, were down 1.55 per cent on Friday morning, while Vår Energi stock was up 3 per cent....
...Tellurian plans to construct Driftwood LNG on 1,200 acres along Louisiana’s Calcasieu river. If fully built it would become one of the largest single export projects in the US, costing $25bn....
...“Globally everywhere has risks right now, whether it’s inflation, politics or an energy crisis,” said Patrick Zhong of M31 Capital....
...The gains by Andurand, who manages around $1.1bn, come during a frenetic year in commodities markets....
...The claim accuses Russian state energy groups Transneft and Rosatom of participating in the alleged conspiracy, alongside alleged protagonists including TPG, Dubai-based ports operator DP World and former...
...Here are three takeaways for the solar industry: 1....
...$1.1bn (Reuters)...
...His long career in the City of London has included spells as chair of private equity group 3i, insurer Friends Provident, recruitment group Michael Page and Swedish paper producer Cellmark....
...In March 2022, it acquired Irish commercial property manager Burlington Real Estate for €1.8mn as part of its continuing expansion plans....
...Within the City, insurance became his later career calling, first as chair of Friends Provident from 2005 and later as chair of Aviva....
...Another roughly $5bn worth of deals were done across the sector in January, including Matador Resources’ purchase of private equity-backed Permian driller Advance Energy for $1.6bn....
...Those that control assets that provide services we simply can’t do without — such as energy, shelter and water — are particularly powerful....
...As our friends at Energy Source point out: “Chevron’s largest deal last year was a $3bn acquisition of biofuel producer Renewable Energy Group....
...He praised Vornado’s refurbishment of PENN 1, a 1970s tower at Pennsylvania Station, for example, but foresaw a limited ceiling for its rents....
...UK energy group Centrica has appointed Burberry’s chief digital and analytics officer Chanderpreet Duggal as a non-executive director....
...The Chancery decided that Loews had short-changed shareholders of an energy pipeline subsidiary, Boardwalk Pipeline Partners LP, when it acquired Boardwalk for $1.5bn in 2018....
...Varo is also targeting a 40 per cent absolute cut in the scope 1 and scope 2 emissions generated from its own operations by 2030 and a reduction to net zero by 2040....
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