Hints and tips:
...The auction of Altice Portugal is part of a broader effort led by Patrick Drahi, the billionaire owner of Altice, to sell assets to chip away at its $60bn debt load amid concerns about higher interest rates...
...Artemis, whose other holdings include a controlling stake in luxury group Kering and auction house Christie’s, is planning to invest $2.8bn of its own money and have CAA borrow $425mn in loans, according...
...Merchant bank Raine Group is leading the sale, having picked up the mandate after conducting the £2.5bn auction of Chelsea. Raine did not immediately respond to requests for comment....
...It took until November 2022 for the Glazers to confirm that they would consider selling a stake in the club, in part or in full, raising expectations of another highly competitive auction....
...DMGT, which owns the Daily Mail, hedge fund millionaire Paul Marshall and Rupert Murdoch’s News Corp all registered interest in an auction before RedBird IMI agreed to buy the Telegraph....
...Google declined to disclose ad spending figures for any of the bitcoin ETF spots, noting that costs are variable as advertisers bid to place ads through an auction process....
...The bank had already begun an alternative auction process that was expected to have raised about £600mn, which means that it has managed to double expected proceeds by striking the deal with the Barclay...
...*This has been corrected to reflect the original FT report that Křetínský has joined the auction process for The Telegraph....
...Rival data companies have also expressed interest to participate in the auction as they seek to consolidate the industry....
...The bank has been preparing the media group for sale over the past few months, with the Telegraph and Spectator magazine expected to be disposed of in separate auctions....
...In 2012, the Dodgers franchise was bought at auction by an affiliate of Guggenheim Partners, a then-obscure, new-ish money manager headquartered in Chicago with a large office in Santa Monica, California...
...One artist known as Beeple sold a collection of NFT images through auction house Christie’s in March 2021 for $69mn....
...The government alleged Google’s monopoly extended to ads, accusing it of raising prices by “manipulating” auctions for search ads....
...The Pinault family’s holding company Artémis, whose other holdings include a controlling stake in luxury group Kering and auction house Christie’s, plans to use $2.8bn in equity and $425mn in debt to buy...
...It forced customers to use its products and distorted ad auctions, the complaint suggested....
...Just as Stollmeyer was pledging his allegiance to Vista, Mindbody’s banker was greasing the wheels for Vista’s victory in the auction....
...NYSE’s opening auctions use a combination of algorithmic quotes and a physical auction managed by human market makers at firms such as Citadel Securities, Virtu and GTS....
...Their company — which didn’t make any products — was sold to Google for $44mn in 2013, after a competitive auction that led to China’s Baidu, Microsoft and DeepMind bidding to acquire the trio’s expertise...
...However, he said the error “couldn’t have come at a worse time optically” for NYSE given the increased focus on auctions....
...I’m not sure how much we’re doing to regulate who has access to these data sets in the US and who even has access to auction markets....
...One scheme, codenamed Project Bernanke (so called because it “resembled quantitative easing” for ads), involved Google using its visibility into the ad market to surgically subsidise competitive ad auctions...
...The DoJ contends that Google has wielded its grip on the sector for 15 years, adding to its power by buying competitors and squashing rivals, forcing publishers to adopt its tools and manipulating ad auctions...
...A second category would be ETFs that tend to have very large volumes at their opening and closing auctions, which therefore might “benefit from human judgment and trading around very large liquidity events...
...And by early 2022 it was not only facing plummeting demand but was also weighed down by the $2bn acquisition of Adesa, a company with a network of physical car auction sites....
...The asset manager snatched Westinghouse at an enterprise value of $4.6bn in a 2018 auction following the bankruptcy of owner Toshiba....
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