Hints and tips:
...Underwriters ultimately lent Apollo $3.9bn themselves after failing to find creditors that were willing to lend to the business....
...Google’s parent Alphabet, Facebook parent Meta and enterprise software giant Salesforce are among the US technology groups seeking to abandon leased office space in London and Dublin, according to people...
...An Rmb2tn ($280bn) stock market “stabilisation fund” drawn from the offshore money of state-owned enterprises is reportedly being considered....
...“Platforms are dealing directly with enterprise clients,” he adds. “SMEs can work directly with Google and Meta.”...
...Origin’s board has recommended acceptance, with the deal giving the company an enterprise value of A$19.4bn, which includes $2.9bn of net debt....
...As Lex reports: Trillium Capital LLC says it owns 500,000 shares and share equivalents in Getty. That would be a modest 1.3 per cent stake....
...Throw in £500mn for its ecommerce technology and the enterprise value would shoot up to £3.7bn — more than double what it was on Monday morning....
...The billionaire’s flagship company Adani Enterprises more than doubled its profit after tax for the three months ending in March to Rs7.8bn ($95mn) from the same period last year....
...Real consumption, led by surging car buying (Rob did his part), soared 3.7 per cent in the first quarter, more than offsetting a small decline in fixed-investment....
...The asset manager snatched Westinghouse at an enterprise value of $4.6bn in a 2018 auction following the bankruptcy of owner Toshiba....
...IronSource’s shares have fallen from a peak above $13 to $3.56. “The market was on fire and we took a shot,” he said....
...In between, Cerberus and friends sold properties and land, paid down debt, took some dividends and eventually listed Albertsons in 2020 with a $25bn enterprise value....
...When including $3.4bn in existing debt, which is being kept on Westinghouse’s balance sheet, the buyers are paying an enterprise value of $7.9bn....
...“[We] invested some money in China because we could get more value in terms of the strength of the enterprise on the price of security than we could get in the United States,” he said....
...Its share price has since fallen from a peak of above $13 to $3.57....
...a 3 per cent reduction in the price of the buyout....
...SCOTUS The Supreme Court will hear oral arguments in the 303 Creative LLC vs Elenis case....
...“In light of the escalating war, the EY global organisation will no longer serve any Russian government clients, state-owned enterprises or sanctioned entities and individuals anywhere in the world,” EY...
...Fortress has agreed to pay MBK an enterprise value of ¥400bn ($3.5bn) that includes about ¥232bn in debt, according to a person close to the deal....
...“We find an abandoned asset, we go in and take this enterprise under our security control, do a full inventory,” he said....
...It is set to go for €3.7bn, including options. Private equity rivals are increasingly piling into each other’s deals; witness the battle for UK supermarket Wm Morrison....
...Ecommerce group Alibaba dropped as much as 5.4 per cent and internet group Tencent lost as much as 3.3 per cent....
...Kagan, part of S&P Market Intelligence, estimates that MSNBC net operating revenue will fall from $1.1bn last year to $940m this year, while Fox News will drop from $3.1bn to $2.8bn....
...US private equity company Silver Lake will take a stake in RAC, one of the UK’s biggest breakdown assistance providers, in a deal that values the company at £3.7bn....
...Its latest venture fund comes just weeks after Tiger Global raised what eventually became a $6.7bn fund, after it initially sought $3.8bn....
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