Hints and tips:
...Son also began to borrow personally from SoftBank to foot the bill for his investments in the group’s second Vision Fund, Latin America fund and shortlived hedge fund unit, SB Northstar....
...to the end of the company life of SVF2 LLC....
...The Norwegian group said General Atlantic would buy the stake from SB Northstar, a troubled fund owned by Japanese conglomerate SoftBank....
...It recently agreed to a $255m (£218m) deal to acquire Bentley Laboratories LLC, a manufacturer of skincare and haircare products....
...Alphaville was recently flipping through the Paycheck Protection Program (PPP) data dump from the US Treasury and came across loans for two entities called Delight Holdco I LLC and Delight Holdco II LLC....
...But the question we raised is does franchising success ultimately rely on two of America’s most acute pathologies: excessive leverage and exploiting cheap labour?...
...It also acquired Scandinavian broadcaster SBS and Italy’s Switchover and took full control of Eurosport....
...SB Energy — a joint venture between Japan’s SoftBank (which has promised 20GW or $20bn of solar investment in India), Bharti Enterprises of India and Foxconn of Taiwan — last month won a reverse auction...
...private equity firm and Accor shareholder, had been pressing the group to go faster in its embrace of an asset-lite model, in which hoteliers sell off properties and concentrate on their management and franchising...
...The two remaining bidders for Nordic broadcasting business SBS are expected to submit offers below the €1.4bn that its owners had hoped for....
...The company acknowledges that if its new investments are not getting results within a year to 18 months, it will look to joint ventures, re-franchising of bottlers or even disposals....
...They then combined the group with their other European TV investment, Luxembourg’s SBS, in 2007, with the aim of rivalling RTL, owned by Germany’s Bertelsmann....
...include content from partners, starting with sports results and news from Sports Direct; sports photography from US Presswire; game reports and team analysis from Sports Xchange; and fans’ coverage from SB...
...KKR and Permira took control of ProSieben from US investor Haim Saban in 2006 and combined it with their other European TV investment, Luxembourg’s SBS, in 2007, with the aim of rivalling RTL, owned by Germany...
...became technically insolvent, wiping out the nearly $500m ploughed into the business in recent years by its four big shareholders – Lawrence Stroll and Silas Chou’s Sportswear Holdings; Edgar Bronfman Jnr’s SBS...
...But he also cautioned that the “defeat” in Texas did not mean the end of state-wide franchising....
...Siemens started out as a rare gainer during the session after it announced restructuring that included the phasing out of 2,400 jobs at its SBS unit during the next two years, helping cut more than €1.5bn...
...London & Boston Investments climbed 46 per cent to 7.12p, as it announced plans to float its private property search subsidiary PSG (Franchising) at £15 to £18m....
...Then it must be DDD, the software developer, or DRS, the data capture business, or DFS, the furniture group, or DTZ, the property adviser, or SBS, or SDL, or SFI . . .”...
...The group has been selling hotels for several months as it moves to a business model based on hotel management and franchising rather than asset ownership....
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