Hints and tips:
...THG has previously been subject to takeover interest from a range of investors, including property tycoon Nick Candy and THG non-executive director Iain McDonald, seeking to take advantage of a share price...
...Moir added that there was little recourse for shareholders locked into holding suspended shares in Hong Kong....
...Two of Germany’s largest long-only asset managers, holding 1.5 per cent of Deutsche Wohnen between them, also voiced their unease....
...On Friday, Toshiba is holding its annual general meeting — an event that was previously going to be fairly tame, but could now produce a mass investor revolt that ousts chair Osamu Nagayama, and potentially...
...The $30bn deal announced on Monday to merge Apollo with its insurance affiliate Athene Holding creates a financial juggernaut that defies categorisation....
...Gupta also owns a £19.5m property in Sydney, a £3m estate in Wales, a villa on Dubai’s man-made Palm Jumeirah and the Jahama Highland Estates in Scotland....
...They include a profitable investment in the Beats headphone brand, property holdings in Manhattan’s Tribeca district, and restaurants on Long Island in New York state....
...On the same day its deal with PNC was announced, BBVA said “it is holding talks” with smaller Spanish rival Banco de Sabadell....
...Paul Singer’s Elliott Management has called for SoftBank to enact share buybacks and governance reforms, in a bid to reduce the discount between its stock price and the value of its holdings in companies...
...The likes of Elliott Management, Third Point as well as other hedge fund activists had joined with asset managers to fight the proposal....
...But in a huge win for investors including Paul Singer’s Elliott Management, the judge invited bondholders to devise their own rival plan....
...But a developing scrap over the hotel and property developer Unizo at least hints at the possibility of a fundamental shift....
...Lex notes that the real beneficiary may be the real estate investment trust that owns underlying Caesars properties....
...Those who trade financial markets (in the SE) will continue to do even better. And professionals who can WFH (also in the SE) will get by. See a pattern?...
...Caesars debtholders — led by Elliott Management, Appaloosa Management and Oaktree Capital — accused the private equity firms of “unimaginably brazen looting” in the years after the 2008 buyout....
...Smart reads David v Goliath Large consumer goods companies are starting to feel the impact of their smaller, more innovative rivals....
...Throw in former Italian prime minister Silvio Berlusconi — his family holding company controls Mediaset — and the stage is set....
...No need for a fiscal expansion per se....
...Caesars and Texas utility Energy Future Holdings were among the largest “take private” deals of the boom years....
...The move followed Tribune’s $2.73bn acquisition of 19 stations from Local TV Holdings LLC in the industry’s biggest transaction in six years....
...Their concerns come amid a legal fight between Argentina and so-called “vulture funds” led by NML Capital, a subsidiary of Elliott Capital Management, which spurned the restructuring and are holding out...
...investment arm and Qatari Diar, the property investment group....
...It reminds us of Texas Competitive Electric Holdings Company LLC (TCEH) in 2011....
...Bankruptcy We discussed this at some length on Monday because it reminded us of Texas Competitive Electric Holdings Company LLC (TCEH) in 2011....
...US hedge fund firms such as Elliott Associates and Gramercy, with histories of taking on governments through long and protracted legal battles to extract value, have largely passed Greek bonds over....
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