Activist investor Bill Ackman was so concerned about the potential impact of the coronavirus that he considered liquidating his hedge fund’s entire portfolio for the first time. Instead, the billionaire opted for another strategy: a lucrative credit hedge that earned...
Privately held Golden Skies Ventures (GSV) has made a $2.5 billion offer to fully take over the holding company of ailing state carrier Malaysia Airlines, with financing from a European bank, its executives told Reuters on Monday. GSV, which was set up by former...
EQT Partners in exclusive talks to buy Schülke as it ramps up production during coronavirus pandemic Private equity group EQT Partners is in exclusive talks to buy Air Liquide’s hand sanitiser and disinfectant business, in a roughly €900m deal agreed as the company...
Dubai-based private equity firm Gateway Partners has acquired a 40% stake in the Gulf franchise of coffee and breakfast chain Tim Hortons, two sources familiar with the matter told Reuters. Gateway Partners, which is led by former Standard Chartered banker Viswanathan...
Banks that agreed to help finance leveraged buyouts are starting to feel the pain from a freeze in the market for risky corporate debt. Lenders including Morgan Stanley, Bank of Ireland Group Plc and Citizens Financial Group Inc. have been forced to self-fund at least...
