Posted at 23:37h
in
News
by KMFSLLP
Prime minister’s health emergency is an anxious time for his family and his country
...
Posted at 23:29h
in
News
by KMFSLLP
A WeWork board committee that negotiated
a $3 billion tender offer with SoftBank Group sued the
Japanese conglomerate on Tuesday for abandoning the deal,
accusing it of succumbing to "buyer's remorse" amid the novel
coronavirus outbreak.
Posted at 23:19h
in
News
by KMFSLLP
KKR & Co Inc has established a
$50 million global relief fund to help people affected by the
new coronavirus, according to a letter the U.S. private equity
firm sent to its investors on Tuesday.
Posted at 23:10h
in
News
by KMFSLLP
Airbnb Inc is planning to terminate a $1
billion credit facility following an investment of the same
amount it secured from private equity firms Silver Lake and
Sixth Street Partners, people familiar with the matter said on
Tuesday.
Posted at 23:01h
in
News
by KMFSLLP
Companies lining up for cash in
coming weeks to get through the coronavirus pandemic should
listen to shareholders and not just be led by their investment
banks, Britain's Investment Association (IA) said on Wednesday.
Posted at 22:57h
in
News
by KMFSLLP
Roughly $70 billion of a
$350 billion pot of loans to cover the payrolls of ailing small
businesses have been originated by U.S. lenders in recent days,
President Donald Trump said on Tuesday, adding that that money
was "essentially loaned."
Posted at 22:31h
in
News
by KMFSLLP
Australian shares are expected to open
lower on Wednesday as warnings of an economic slump and a spike
in unemployment due to the coronavirus pandemic dampened
sentiment, overshadowing early signs of a slowdown in fatalities
and new cases across some global hot spots.
The local share...
Posted at 22:31h
in
News
by KMFSLLP
New Zealand's Metlifecare on
Wednesday said Swedish private equity firm EQT AB has
made known its intention to terminate its buyout offer in 10
business days, citing potential impact from the coronavirus
pandemic on Metlifecare.
Posted at 22:18h
in
News
by KMFSLLP
Many Canadian small
businesses reeling from losses due to the coronavirus outbreak
may be ineligible for federal government and bank aid designed
to help them survive, industry experts say, with several already
shuttered or rapidly running out of cash.
Posted at 22:03h
in
News
by KMFSLLP
Geico Corp, part of billionaire Warren
Buffett's Berkshire Hathaway Inc, said on Tuesday it
will offer about $2.5 billion of credits to its 19 million auto
and motorcycle policyholders, reflecting the decline in driving
stemming from the coronavirus pandemic.