Hints and tips:
...The hedge fund, which manages $54bn in assets, is applying for licences to operate in Japan’s markets and expects to gain approvals before the end of this year, according to three people familiar with the...
...The deal for Finback to buy a stake in Gideon fell apart in late 2020 when commercial terms could not be agreed, according to three people with knowledge of the discussions....
...This has left Sony with a relatively healthy balance sheet, although it lacks the scale of the other studios....
...Talent agency Endeavor Group is being taken private at an equity value of $13bn after three years of lacklustre performance as a listed company....
...buy digital tokens created by his cryptocurrency exchange as a condition for him taking a 30 per cent stake in SkyBridge Capital, in an early sign he was trying to support the coin’s price, according to three...
...Mercury LLC, a company operating in the Syrian oil sector and sanctioned by the EU in 2021, generated sales of $67mn in the three years before the designation but declared zero revenues afterwards....
...Dubai Holding would become the majority owner in the property company behind the yachts, if the deal goes ahead, providing Accor with the benefit of moving the assets off its balance sheet, the people said...
...The three US private equity groups are considering bids ahead of the deadline, said people familiar with their positions, although their interest remains preliminary and they will not necessarily submit...
...The company “will continue to look for opportunities to strengthen our strong balance sheet”, he added....
...One person familiar with the matter said term sheets had been drawn up for a deal and another said Moelis, the investment bank, was running the sales process. Moelis declined to comment....
...At the end of the most recent quarter, it had $11.5bn in cash on its balance sheet. Investors have shown some concern about Disney’s cash flow, analysts said....
...It is further seen in alarming credit trends metastasising on leveraged balance sheets....
...Most companies seek to refinance their bonds and loans at least a year before they come due to keep them from becoming current liabilities on their balance sheets....
...The figure has risen to 50 per cent over the past three years....
...Emerge Canada said in its statement that the receivables were disclosed in the funds’ financial statements and that it had three clean annual audits from BDO....
...It plans to grow Qualtrics through acquisitions, taking advantage of an unleveraged balance sheet....
...Inside WorldQuant’s ‘Alpha Factory’ When Igor Tulchinsky was deciding whether to join hedge fund Millennium Management three decades ago, the Belarusian former video game programmer eschewed the systematic...
...KKR, Carlyle and Ares have also begun studying loan asset purchases from SVB, said three people briefed on the matter....
...Klarman told clients the firm had added to positions in several of its public equity bets after prices declined, as well as investing in three Chinese companies that he said were “extremely undervalued”....
...Disney’s direct-to-consumer business, which includes Disney Plus, Hulu and ESPN Plus, has lost $8.6bn over the past three years....
...“But ESPN is a declining asset, and Disney has a tough balance sheet. Can you invest in [ESPN], and can you also buy the third of Hulu you don’t have?” the person questioned....
...Banks led by Goldman Sachs expect to sell $3.95bn of junior Citrix debt in the coming weeks, according to three people briefed on the matter....
...Finback was considering buying a stake in Gideon Cyber Systems LLC, according to the term sheet....
...“We aren’t using the proceeds for anything other than balance sheet commitment.”...
...Two of the three envisaged gyms never opened; at the third, Jordan estimates he has racked up losses of $1.3mn so far....
International Edition