Hints and tips:
...Rating agencies typically treat preferred stock deals more favourably than run-of-the-mill loans....
...In essence, argues the EPC’s Angela Mills-Wade, Google has a conflict of interest in the space because as a “super manager” it acts as a buyer, seller and intermediary in adtech....
...“The quality of this business, the family equity rollover, family management continuity and overall size of the equity investment are enough to offset the negatives,” said Bill Zox, a portfolio manager at...
...Natasha Landell-Mills, head of stewardship at Sarasin & Partners, a UK asset manager, said: “Investors are tightening up on their voting, linked in part to greater scrutiny from clients and civil society...
...“Textiles, paper mills, lumber mills, all these places in southern and eastern Arkansas,” said Mervin Jebaraj, director of the Center for Business and Economic Research at the University of Arkansas....
...He succeeds Stephen Mills, who will become chairman of Schroders in Switzerland....
...KKR’s $1.2bn acquisition of US retailer Mills Fleet Farm, for example, failed to secure any bank finance — forcing the private equity firm to use its own capital to back the takeover....
...“If you have ‘been to the right schools’, as it were, you can raise money, but for the general run of the mill it is going to be a very difficult period,” said Dixon Boardman, founder of Optima, a fund of...
...The Department of Justice filed criminal charges against Mathew Martoma, a former portfolio manager with SAC unit CR Intrinsic, for causing SAC’s trades. He has denied any wrongdoing....
...PAI is seeking €3bn for a new buyout fund, in a key test of investors’ appetite after the manager was forced to cut its previous €5.4bn fund in half following an internal management battle in 2009....
...When prices declined, mills backed away from purchases....
...The veteran steel manager is trying to persuade Alcoa, the US aluminium and engineering group, to contribute a share of the $150m the mill would cost....
...According to the rumour mill, both Prudential and Standard Life have considered floating their fund management arms, M&G and Standard Life Investments, on the London Stock Exchange....
...Mill Financial, now the owners of Mr Gillett’s 50 per cent share, also expresses an interest in purchasing the club, claiming their offer would also include £100m towards a new stadium....
...obligations backed by high-yield, high-risk loans in 2010 following Wells Fargo & Co.’s “landmark” offering yesterday, according to Guggenheim Partners LLC....
...For example, who would buy the debt of newspaper holding companies, or the coated paper mills that supply mail order catalogues? Ask anyone you know; they’re all going out of business within months....
...It’s actually more of a liquidity problem — bank managers may not necessarily count on the facility being fully drawn out....
...Three senior managers have decided to reinvest some of their proceeds from the deal into Aeroplan shares....
...He is a tremendously talented bank executive who was actually a fairly run-of-the-mill hedge fund manager,” says one....
...Russia’s Evraz Group signalled consolidation in the US steel sector by announcing the purchase of Oregon Steel Mills in a $2.3bn deal....
...One of his landmark achievements was to acquire and then combine a series of US steel mills into International Steel Group....
...I hope for his sake that he is obeying the first two,” a sentiment the sage of Suffolk extended to David Mills and Tessa Jowell....
...Shire Pharmaceuticals (£3.3bn) is also mentioned on the City rumour mill....
...BBA was the latest company to be caught up in the London rumour mill as traders speculated it could be the target for venture capital groups....
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