by Sebastian | Feb 21, 2021 | News
Saga, the over-50s travel and insurance specialist, is in talks about a £170m debt package as it seeks to chart a course through the remainder of the coronavirus pandemic. Sky News has learnt that the company, which rebuffed a takeover approach last year, has kicked...
by Sebastian | Feb 21, 2021 | News
Another week and the biggest story in a sea of big stories continues to center on SPACs, these blank-check companies that raise capital through IPOs expressly to acquire a privately held company and take it public. But some industry watchers as starting to wonder: Is...
by Sebastian | Feb 21, 2021 | News
The billionaire owners of Asda are trying to launch an audacious raid on Caffè Nero by buying part of its £350 million debt pile. Brothers Mohsin and Zuber Issa have reportedly approached lenders to the coffee chain seeking to build a position that would allow them...
by Sebastian | Feb 20, 2021 | News
Two blank-check companies, backed by billionaire Paul Singer’s hedge fund Elliott International Ltd, have filed for initial public offerings of up to $1.5 billion, their regulatory filings showed on Friday. Elliott Opportunity I Corp said it aimed to raise up to $1...
by Sebastian | Feb 20, 2021 | News
Sky News has learnt that Apollo is among a number of parties in discussions with Greensill Capital, a London-based firm set up by Lex Greensill a decade ago, about a multibillion dollar deal. City sources said this weekend that the talks with Apollo primarily related...
