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...The new owner of UK car dealerships Stratstone and Evans Halshaw is preparing to cut hundreds of jobs after a collapse in the supply of used cars following the coronavirus pandemic....
...Pinduoduo had submitted video evidence of Yao walking in and out of a rival’s office for a week....
...The NFL remains the richest and most exclusive group of sport owners in the US, and league bylaws restrict the amount of debt held by each club as well as the percentage owned by controlling and minority...
...was one of the first in a breed of micro hotels, alongside the likes of easyHotel and Yotel, which offer smaller rooms but larger meeting spaces and lobbies.CitizenM, Eastdil, APG, GIC and Morgan Stanley...
...It does not reflect the growth potential and prospects of the company under a new management team” or a modernisation programme under way, among reasons for the rejection....
...The programme focused on the drivers, team bosses and owners and has been credited with growing the sport’s fan base....
...The owners of South East Water, under investigation for severe supply failures, have provided a £150mn loan to a unit in the utility group as it struggles with higher financing costs on its debt....
...The billionaire British co-owners of supermarket Asda borrowed millions more from their petrol station company EG Group to repay debt they took on to buy two private jets....
...Last week we brought you the sorry tale of the Chinese-owned team, where unpaid bills and mounting debts have left it in full-blown crisis....
...Embracer said in February that it had net debt of SKr16.1bn at the end of December and that it was “unlikely” to meet its target of reducing this to SKr8bn by the end of March....
...Macquarie, the former owner of Thames Water criticised for loading the utility with debt, is a lender to its stricken parent company....
...A more complete selection of the new designs is expected to be in stores by the summer, with about 40 per cent of product expected to be from de Sarno’s collections by the third or fourth quarters, the company...
...Profits jumped more than a third at the owner of Primark as the sprawling business returned to “some normality” in its first half following years of supply chain upheaval, sending its shares up almost a...
...Sixth Street, one of the largest private lenders globally, and US private equity group Silver Lake are leading the investor group refinancing Equinox’s debts....
...David has been holding the fort at Entain, which owns Ladbrokes and Coral, since Jette Nygaard-Andersen resigned in December following investor unrest over a string of acquisitions....
...Fragrances, face creams and foundations have the attractive qualities of high margins, pricing power and a growing share of household budgets....
...While Ofcom does not have powers to review or block a takeover of Royal Mail, ministers can block investments or require changes to a transaction in order to protect the UK’s interests under the government...
...The owner of the B&Q, Screwfix and Castorama DIY chains has warned that profits will fall this year, piling pressure on the group to accelerate its turnaround plan....
...Thames Water’s owners will start urgent restructuring talks in the coming days as parent company Kemble risks entering insolvency within weeks unless lenders agree to a debt-for-equity deal, according to...
...He added that deleveraging and refinancing relied on improving operational performance and a proposed sale of the US bus operation....
...John Textor called for the Premier League spending rules to be relaxed — or ditched altogether — so that rich owners can pump their own money into clubs and cut the gap with the top teams....
...The owner of Legoland, Sea Life and Madame Tussauds plans to charge visitors more during peak summer weekends than rainy weekdays in the off-season, as it seeks to make up for fewer visitor numbers than...
...A key change is the expansion of the coverage to include a much wider range of non-public assets, including private debt funds, directly held private debt and directly held real estate funds....
...The owner of the Bullring shopping centre in Birmingham and Brent Cross in London reported the first rise in rent expectations since 2017, in the latest sign that the gloom over retail properties is lifting...
...“It is a great opportunity to issue or refinance debt at a lower cost of capital.”...
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