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...The funding round, which has raised in the region of £10mn, closed in recent weeks, two people added....
...A person close to the family said the letter from the Abu Dhabi bank over funding should be sufficient to show that the offer was real....
Gulf finance in demand as rival media groups circle conservative broadsheet
...GlobalFoundries received about €400mn under the first round of IPCEI grants and is waiting for an update on further funding....
...Private equity group Carlyle and Abu Dhabi investment group IMI have agreed a fresh debt funding package for the Barclay family’s Very Group, the Liverpool-based retail and financial services group....
...In 2021, its so-called “three red lines policy”, which set leverage guidelines for developers, added to funding pressures that ultimately toppled Evergrande, the world’s most indebted developer....
...A Genesis entity, GGC International Ltd, is on the official committee of unsecured creditors in the FTX and Alameda joint-bankruptcy process....
...Chinese property developers borrowed heavily on international markets in the past decade, but many have been locked in restructuring discussions and struggled to find sources of funding....
...IMI, which is controlled by Sheikh Mansour bin Zayed Al Nahyan, a vice-president of the United Arab Emirates and owner of Manchester City football club, provided about three-quarters of the funding to RedBird...
...The company, which like Vanke was initially seen as shielded from the funding problems within the sector, eventually defaulted on a dollar bond for the first time in October....
...RedBird IMI is run by former CNN boss Jeff Zucker in New York but has the majority of its funding from Abu Dhabi....
...The business is seeking about $1.3bn of new funding....
...“I know how much poorer this city would be without Bet365,” added David Webster, chief executive of Stoke’s Douglas Macmillan Hospice, another beneficiary of funding from the Denise Coates Foundation....
...Last month several peers, including former lord chief justice Lord John Thomas, proposed an amendment to the Digital Markets, Competition and Consumers Bill that aimed to reverse the past and future effects...
Gulf state funding RedBird IMI’s bid for UK newspaper has sought to build English-speaking media assets for past 15 years
...Conservative MPs have called for the government to use the UK’s national security laws to investigate the attempt by the Barclay family to take back control of the Telegraph newspaper group using funding...
...Frazer’s decision follows concerns from Conservative MPs over risks to press freedom in the UK from a deal to sell to an investment fund that has the majority of its funding from Abu Dhabi....
...Beijing, which initially added to funding pressures on developers in 2020 when it unveiled curbs on leverage, has stopped short of any major bailouts and instead emphasised the need to complete unfinished...
...This group also requires additional funding from Lebedev to keep it operating — the filing states that he and other shareholders have indicated a willingness to do so....
...“It’s part of a bigger problem that we see as well outside the property sector,” said Sandra Chow, co-head of Asia-Pacific Research at credit research firm CreditSights, referring to targeted funding to...
...GB News, which has raised £120mn, is yet to make a profit and reported a £30.6mn loss last year, will require fresh funding at some point, according to chief executive Angelos Frangopoulos....
...Country Garden was included in a government list of “high quality” developers eligible for funding support from state-owned banks in November....
...Data published by the People’s Bank of China on July 19 shows only Rmb500mn has been used across four policy tools that were designed to support funding for the sector....
...Several months ago investors had hoped the sector would be able to tap markets for fresh funding, but then China’s economic outlook turned more pessimistic....
...According to a company filing, the donation was made for charitable purposes, including assisting vulnerable groups, funding disaster relief and promoting rural revitalisation in mainland China....
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