News Muncher - searching for money

1 year, 2 months ago

Manchester United shares tumble as Ratcliffe’s stake bid report dents buyout hopes

Shares of Manchester United fell as much as 23 per cent on Monday after reports that British billionaire Jim Ratcliffe is looking to acquire only a 25 per cent stake in the football club raised concerns that a buyout by Qatar’s Sheikh Jassim bin Hamad al Thani could be off the table. Ineos Chair Jim Ratcliffe would pay over $1.5 …

Manchester United Club Billion United Manchester Ratcliffe Qatar

1 year, 10 months ago

Ex-aide says Elon Musk had ‘handshake deal’ for Tesla buyout

Associated Press

SAN FRANCISCO — Elon Musk’s former chief of staff on Wednesday testified that the billionaire believed he had a “handshake deal” to take Tesla private in 2018 shortly before he tweeted he had the financing for an aborted buyout that is still haunting him in a high-profile trial. Teller attributed Musk’s brusque manner to Asperger’s syndrome, a form of autism …

Trial Tesla Musk Saudi Teller

1 year, 11 months ago

Elon Musk’s next drama: A trial over his tweets on Tesla

Al Jazeera

Trial on Tesla boss Musk’s old tweets that he had raised money to take the auto firm private is set to start on Tuesday. Musk’s tweets back then fuelled a rally in Tesla’s stock price that abruptly ended a week later, after it became apparent that he did not have the funding for a buyout after all. Chen dealt Musk …

Trial Tesla Company Stock Musk Twitter

2 years, 2 months ago

Cabinet has unrealistically high expectations for farmer buy-out scheme: Planning Office

NL Times

The government’s high expectations of its new buyout scheme of 7.4 billion euros to close farms are “unrealistic.” The Netherlands Environmental Assessment Agency came to this conclusion in a report published on Monday. “Based on an analysis of 25 years of termination schemes, the PBL concludes that full spending of the budget in the period up to 2030 is hardly …

Livestock Cabinet Pbl Termination Scheme Termination Schemes

2 years, 5 months ago

Buyout firms seek $1 trillion of new funding even as markets drop and deal-making dries up

Live Mint

More private-equity firms are trying to raise more money than ever before, creating stiff competition for investor dollars during a rough time for markets and deal-making. Among those seeking capital are at least nine private-equity funds with targets of $20 billion or more, including the latest vehicles from giants Blackstone Inc., Hellman & Friedman LLC and Apollo Global Management Inc. …

Fundraising Market Fund Funds Firms Blackstone

2 years, 7 months ago

Does Elon Musk have enough money to complete Twitter buyout?

India Today

Elon Musk has reached a deal to acquire Twitter for $44 billion but investors were speculating over whether the Tesla boss would complete the buyout process of the social media firm. Traders fretted that Musk may not have enough money sitting around to fund his $21 billion cash contribution and could decide against selling some of his Tesla shares to …

Tesla Musk Elon Musk Billion Deal Reuters Twitter

3 years, 7 months ago

The strange deal that created a ghost town

BBC

The strange deal that created a ghost town Harmon Leon The small Ohio town of Cheshire was bought almost in its entirety by a nearby coal-fired power plant after residents complained about pollution An infamous blue plume of pollution from one of the US's largest coal-fired plants changed the course of history for one once-thriving town. In 2002, American Electric …

Credit Plants Power Coal Ohio New York Residents

4 years, 4 months ago

KKR raises record $16 billion with Asia Funds driving demand