Posts tagged: Wall Street Journal

Blackstone consortium poised to buy Medline for over $30 billion, reports the WSJ

Saturday, 5 June 2021, 5:51 pm

The private equity buy outs are just getting bigger and bigger.

Hacks at the venerable Wall Street Journal have just broken a story about a Blackstone-led consortium closing in on a $30 billion acquisition of US-based Medline Industries Inc, which manufactures and distributes equipment and supplies used in hospitals, surgery centers, acute-care and other medical facilities in over 125 countries. Below is the link to the WSJ scoop:..

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Punters placing bets LVMH's $16 billion takeover of Tiffany could be in trouble, according to Gasparino

Friday, 13 March 2020, 6:49 pm

Market turbulence and fears over a recession is clearly hitting dealmaking. Today, for example, Aston Martin and Lawrence Stroll have re-cut the fundraising deal with the Tommy Hilfiger tycoon as the embattled carmaker needed an extra £20 million.

Stroll, though, is getting a better deal with his consortium partners receiving 25pc of the company in return for £171m at a price of £2.25 per share...

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Saudi Arabians said to be in talks to buy Newcastle United for £340 million, reveals the WSJ

Saturday, 25 January 2020, 1:49 pm

Scribblers at the venerable Wall Street Journal just landed a corker of a scoop about Mike Ashley's football (soccer) club.

According to the excellent newspaper, Saudi Arabia's Public Investment Fund is backing another tilt at Newcastle United, the Premier League football club owned by the boss of Sports Direct...

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The Japanese billionaire, the embattled online payment firm and the Bitcoin punt...

Wednesday, 24 April 2019, 3:24 pm

Two separate stories about SoftBank and its leader, Masayoshi Son, broke this morning but Betaville found the juxtaposition of the pieces rather intriguing.

The first tale was about SoftBank spending almost $1 billion on Wirecard convertible bonds that could also give the Japanese conglomerate a 5.6pc stake in the German digital payments company. Below is a link to piece in the FT on the topic:..

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