Hints and tips:
...Whether by coincidence or by design, one of the vessels in Gatik’s fleet is called the Buena Vista. The name of its registered owner in the Marshall Islands: Social Club Inc....
...Vista and Elliott did not respond to requests for comment. Additional reporting by Robert Smith in London...
...Job moves Vista Equity has hired Dan Parant as a managing director and global head of private wealth solutions. He joins from KKR....
...Buyout group Vista recently put in $1bn of equity to clinch the refinancing of $5bn of existing debt at portfolio company Finastra....
...Goldman Sachs, Bank of America, Credit Suisse, Elliott and Vista declined to comment....
...More than a dozen banks were forced to put up their own cash to fund Vista Equity Partners and Elliott Management’s takeover of Citrix after investors balked at financing the debt package....
...Banks in September were only able to sell a fraction of the debt tied to Elliott Management and Vista Equity Partners’s $16.5bn leveraged buyout of software maker Citrix, and ended up holding $6.45bn of...
...BofA, Credit Suisse, Vista and Elliott declined to comment....
...To support the gargantuan debt sale, Elliott contributed more than $2bn in cash while Vista merged its already leveraged Tibco software business at a more than $4bn valuation....
...Bank of America, Credit Suisse, Goldman Sachs, Elliott and Vista declined to comment....
...They underwrote roughly $15bn of debt underpinning the $16.5bn leveraged buyout of Citrix by Elliott and Vista Equity. That has left the trio of Wall Street banks with potentially sizeable losses....
...The buyers plan to combine Citrix with Tibco Software, one of Vista’s portfolio companies....
...Citrix will be sold to Elliott Management and Vista Equity for $104 a share, the company said on Monday, and is set to be merged with Tibco Software, one of Vista’s portfolio companies which helps integrate...
...The soft drinks bottler said the criminal acts first came to light following its internal audit and it immediately alerted police....
...The US tech group’s cash offer values the target at just over £1.2bn, a hair above the price that rival Vista Equity Partners put on the table. Shares traded above the level of the latest bid....
...Following the acquisition, Vista intends to integrate Blue Prism with Tibco, the Silicon Valley-based data analytics company it took private for $4.3bn in 2014....
...Apollo is also working with bankers to provide a slug of the debt for the $16.5bn takeover of Citrix Systems by Vista Equity Partners and Evergreen Coast Capital, according to people familiar with the deal...
...SS&C’s offer is higher than the raised 1,250p a share takeover bid from Vista that was announced a week ago....
...In January, Elliott and software buyout firm Vista Equity Partners led the $16.5bn takeover of Citrix, which had been a longtime holding of the firm’s activist hedge fund....
...Coca-Cola bottlers are something of a breed apart among drinks businesses. Their close commercial relationship with the Atlanta-based brand owner deters competing bids....
...Reliance Industries’ Jio — owned by Asia’s richest man Mukesh Ambani — has in recent weeks secured more than $10bn in investment from Facebook and private equity groups including KKR, General Atlantic, Vista...
...Earlier this year, hedge funds successfully forced another top private equity firm, Vista, to bump up 11 per cent a cheap bid for a multi-billion dollar software company....
...Among the executives who signed the letter were Mellody Hobson, the new Starbucks chair; her fellow Ariel Investments executive John Rogers; and Robert F Smith, founder of Vista Equity Partners....
...Coca-Cola HBC, the FTSE 100 listed Coke bottler, said like-for-like volumes fell 4.6 per cent last year on the shutdown of hospitality and catering industries, offset by increased at-home consumption....
...Apollo saw investors stepping back over its founder Leon Black’s links to the late paedophile Jeffrey Epstein, while Robert Smith, the founder of Vista Equity Partners, admitted to hiding $200m from the...
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