Hints and tips:
...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....
...The Glazer family said this week they will consider the sale of Manchester United after 17 years of ownership, just weeks after it emerged that billionaire commodities trader John Henry’s Fenway Sports Group...
...Alongside Arm, they’re handling the potential sale of the English football club Manchester United....
...August 14, 2023: Prime Trust, LLC and certain of its affiliates filed voluntary petitions for relief under Chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware...
...John Ray III, who took over as FTX chief, said the deal was an “example of our continuing efforts to monetise assets to deliver recoveries to stakeholders”....
...The onus is on Raine Group, the merchant bank that handled the £2.5bn auction of rivals Chelsea FC this year, to present United as a content factory with its claimed 1.1bn fans and followers rather than...
...With $16bn of assets worldwide, MAF is a mainstay of the Gulf’s tourist and commercial centre....
...“These are cultural assets that have increasingly new ways of growing their brands,” said Neville....
...to Wyoming, other than maybe setting up an LLC....
...’s recovery plan on track....
...Asset manager Quilter reported net inflows for the first quarter of £1.2bn, up 240 per cent year on year, as a revamp of its investment platform added to positive market sentiment....
..., the country’s greatest asset....
...The venerable firm, founded in New Orleans in 1848 as a dry goods merchant by the Lazard brothers, has dominated deal advisory banking in France for decades....
...Mobile phone masts are surpassing glitzy office buildings as some of the most coveted assets in real estate....
...Ares Management, an alternative assets manager, has hired Antoinette Bush to its board of directors as an independent director. She currently works at News Corp....
...Eventually, the OAG notes, the group ended up being banked by a subsidiary of a New York-based entity named Noble Markets LLC....
..., chief executive of Marketfield Asset Management....
...Caesars’ initial offer to this group in 2015 was a recovery of 9 cents on the dollar, each cent representing roughly $50m....
...“That allowed him to get a chunky sum of assets under management, but since 2014 it’s been an incredibly difficult environment for that type of strategy.”...
...the business and delayed its recovery”....
...In 2013, he set up Atlas Merchant Capital in New York, positioning it as an old-style merchant bank that will hoover up unwanted assets from big lenders....
...Shares of Bunge, a grain and oilseed merchant and processor, held gains on Wednesday after a fellow giant of commodities markets disclosed a takeover approach....
...● Lex: Tesco — trolleyed ● Fast FT: Tesco’s difficult recovery in 4 charts Toshiba voices ‘substantial doubt’ over its viability The outlook for one of Japan’s most famous industrial names darkened...
...As Barclays presses ahead with selling much of the vast African operations it has constructed over the past century, the chances of those assets being bought by its former boss Bob Diamond are seen as increasingly...
...However, he added that a sharper recovery in the oil price could weaken Opec’s resolve....
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