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...The billionaire deputy prime minister of the UAE controls the club via Newton Investment Development LLC, a company registered in Abu Dhabi....
...Half of the NewCo could be worth between $6.1bn and $11.8bn, depending on what valuation it attracts....
...“The accounting is the excuse investors use when they don’t want to invest,” says Ryan Roebuck, partner at XDR Capital, a hedge fund....
...A former finance arm of the US retailing group Sears Roebuck, Discover had been hatched by Phil Purcell, who later ran Morgan Stanley....
...By the early 1900s Lehman was helping corporate American stalwarts Sears, Roebuck and F.W. Woolworth raise capital....
...The presence of the real estate investment trusts Kimco and Vornado - which also owns a 4.3 per cent stake in Sears, Roebuck - suggests those groups might want to break up the extensive property portfolio...
...The presence of the real estate investment trusts Kimco and Vornado - which also owns a 4.3 per cent stake in Sears, Roebuck - suggests the buyer could be keen to engineer a Kmart-style restructuring by...
...s $11.5bn acquisition of Sears Roebuck, announced in November. This week, Neiman Marcus, the Texas-based high-end department store chain, announced it was considering a sale....
...Other notable retail stocks to fall were May Department Stores, down 2.4 per cent to $28.52, and Sears Roebuck, down 2.4 per cent to $45.20....
...Among retailers, shares in Sears Roebuck resumed their upward charge following news that a real estate group had increased its stake in the company. Sears was up 3.5 per cent to $44.63....
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