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Top StoriesCellnex Withdraws Offer for Deutsche Telekom’s $18 Billion Towers Unit
Top StoriesGoogle Offers Concessions to Avoid U.S. Antitrust Lawsuit -Wsj
Top StoriesCellnex Offers Stake to Deutsche Telekom as Part of Towers Bid -Sources
Top StoriesExclusive – Pioneering Russian Journalist Sells Nobel Peace Medal for Ukraine
Exclusive-Brookfield Taps Banks to Sell Out of French Towers Firm Tdf -Sources
Date: May 5, 2022
By Pamela Barbaglia and Andres Gonzalez LONDON (Reuters) -Canada’s Brookfield Asset Management is working with banks to sell its 45% stake in French towers firm TDF Group as it seeks to capitalize on growing demand for key infrastructure assets across Europe, sources told Reuters. Brookfield has drafted in Citigroup and Credit Suisse to work on...
Exclusive-Germany’s Sap Hires Adviser for $1 Billion Litmos Software Sale -Sources
Date: May 3, 2022
By Emma-Victoria Farr and Krystal Hu LONDON (Reuters) – German software firm SAP is working with investment bank Moelis & Co to sell its corporate learning software business Litmos as it seeks to streamline its operations and focus on cloud-based revenue, three sources told Reuters. The sale of California-based Litmos, which is profitable, could fetch...
What Is Bridge-to-Let (and How Does It Work)?
Date: April 19, 2022
For many investors looking to pick up low-cost properties at auction, their main objective is the same: To renovate the property to an appropriate standard and let it out to tenants, in order to generate the highest possible rent yields. Purchasing properties at auction presents the issue of coming up with the full payment for...
Toshiba’s Top Shareholder to Sell Stake if Bain Launches Tender Offer
Date: March 31, 2022
By Makiko Yamazaki and Junko Fujita TOKYO (Reuters) – Toshiba Corp’s top shareholder said it had agreed to sell its stake to Bain Capital if the U.S. private equity firm launched a tender offer, potentially forcing the embattled conglomerate to revive talks for a private equity buyout. The agreement between Bain and Singapore-based Effissimo Capital...
Russian Nobel Peace Prize Winner Donates Medal to Fund for Ukrainian Refugees
Date: March 22, 2022
(Reuters) – Russian journalist Dmitry Muratov, a co-winner of last year’s Nobel Peace Prize, said on Tuesday he would donate his Nobel medal to be auctioned to raise funds for Ukrainian refugees. The Novaya Gazeta newspaper, where Muratov is editor-in-chief, in early March said it would remove material on Russia’s military actions in Ukraine from...
Soccer-Chelsea Bidders Shortlist to Be Narrowed Down to Three, New Offers Made
Date: March 21, 2022
By Peter Hall MANCHESTER, England (Reuters) – Raine Group, a U.S. bank overseeing the sale of Premier League club Chelsea, plans to narrow down the shortlist of bidders to three on Monday or Tuesday, sources close to the deal told Reuters. Chelsea were initially put up for sale by owner Roman Abramovich following Russia’s invasion...