Hints and tips:
...Only a few weeks ago, almost a third of the shares in the heavily indebted owner of Westfield London and Forum Les Halles in Paris were out on loan, making it one of Europe’s most shorted stocks....
...To place virtual objects in our world, our devices need to know the textures and contours of their surroundings, which GPS cannot see....
...As a private company the chain of primary healthcare providers (aka GPs) has raised over $500m. Its last valuation is reported to be $2bn....
...“GPS is a huge increase on my personal productivity but that doesn’t show up in GDP because it’s not a market transaction.” Additional reportin g by Shawn Donnan in Washington...
...He also appeared to equate Lee, the confederate leader, with America’s first president. Mr Trump’s comments marked a stark shift in tone from remarks he had delivered just 24 hours earlier....
Crude slide keeps resource stocks out of rally
...The offering is being led by Morgan Stanley, Deutsche Bank and Bank of America Merrill Lynch....
...BP, for example, gives Fitbits to workers in North America and offers them rewards if they meet activity targets....
...“You don’t see many billionaires who became billionaires by being LPs – but plenty who did by becoming GPs,” Mr Morley said....
...He has now replaced Rand with Alexander Hamilton, one of America’s founding fathers, who died in a duel....
...The move by BR to cash out on its investment in GAEC comes after GP Investments, one of the largest buyout firms in Latin America, sold its remaining stake in Brazilian college operator Estácio Participações...
...CBS Outdoor is also dominant in London through contracts with the London Underground and the bus network and prime retail coverage at Westfield London and Westfield Stratford City, adjacent to the Olympic...
...LightSquared began to suffer after the Federal Communications Commission withdrew a waiver that would have enabled the company to operate a ground-based broadband network, over concerns it could interfere with GPS...
...Recent deals include the investment by GP Investimentos, one of Brazil’s biggest private equity managers, of R$503m to buy about 2,000 mobile telephone towers to create a new company, known as BR Towers....
...The auction of AEG attracted interest from several potential buyers, including Westfield, the Australian shopping centre operator, Qatari Sports Investment, Guggenheim Partners, the investment firm, and...
...Westfield, run by Frank Lowy and his family, owns the Stratford City shopping centre next to London’s Olympic Stadium. Last year it sold regional US malls and other assets to free up capital....
...In recent deals, Brazilian firm GP Investments sold the steakhouse franchise, or Brazilian churrascaria, Fogo de Chão, to Thomas H Lee Partners, a Boston-based private equity firm, for $400m....
...LightSquared began to sour after the Federal Communications Commission withdrew a waiver, which would have enabled the company to operate a ground-based broadband network, over concerns it could interfere with GPS...
...Last year in Latin America, private equity attracted a total of $10.3bn in funding, with 80 per cent coming from Brazil, according to the association. That was 27 per cent higher than a year earlier....
...This included, for example, licensing deals such as one with Timex to use the trademark in its GPS-enabled watches. In 2008, private equity firm Providence Equity Partners acquired WTC....
...However, following the GPS interference issue, the company’s plans have been pushed back at least a year....
...severely dented in February when the US government withdrew support for Mr Falcone’s plans to take on the established mobile phone operators, citing concerns that the proposed network might interfere with GPS...
...Last month US regulators withdrew permission for LightSquared to deploy the network, citing concerns about possible interference with GPS navigation and safety equipment....
...But the FCC also noted: “The commission clearly stated from the outset that harmful interference to GPS would not be permitted.”...
...With its bid for regulatory approval to set up a new US wireless broadband network facing scrutiny over potential interference with GPS systems, LightSquared has shifted its stance, arguing that GPS device...
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