[ad_1] BOSTON, Dec. 5, 2023 /PRNewswire/ – Manulife Investment Management has announced a $1.2 billion partnership with Scannell Properties and StepStone Real Estate, facilitating the recapitalization of 35 newly constructed…
Tag: Recapitalization
CWT Reports Debt-Cutting Recapitalization Actions
[ad_1] CWT on Thursday said that it had completed recapitalization transactions that cut its outstanding debt by more than $450 million, or about 60 percent. Actions have included equitizing CWT’s…
TUI secures third bailout in COVID travel slump survival battle
[ad_1] By Arno Schuetze, Michael Nienaber, Klaus Lauer FRANKFURT/BERLIN (Reuters) – TUI secured a third bailout on Wednesday, striking a deal with the German government, private investors and banks for…
Financially distressed Aeromexico gets $50 million lifeline
[ad_1] FILE PHOTO: A logo of Aeromexico is pictured inside Benito Juarez international airport in Mexico City, Mexico July 31, 2018. REUTERS/Carlos Jasso MEXICO CITY (Reuters) – Mexican airline Aeromexico…
Italy’s Serie A picks CVC-led group for exclusive talks on media unit: sources
[ad_1] By Elvira Pollina, Elisa Anzolin MILAN (Reuters) – Italy’s Serie A soccer clubs have agreed to enter exclusive talks with a private equity fund consortium led by CVC for…
Britain to scrutinise Arm takeover
[ad_1] LONDON (Reuters) – Britain’s government will scrutinise a deal by Nvidia Corp NVDA.O to buy British chip designer Arm including what it might mean for the company’s headquarters in…
UBI aims to double profit by 2022 by cutting costs, loan losses
[ad_1] MILAN (Reuters) – UBI Banca UBI.MI aims to nearly double its net profit in the next three years by cutting costs and reducing losses from problem loans, the bank…
Serie A aims to increase foreign broadcasting revenues despite COVID-19
[ad_1] MILAN (Reuters) – Italy’s Serie A aims to expand its foreign revenues over the next three seasons despite the challenge posed by the coronavirus pandemic, as it presses ahead…
Travel group TUI strikes deal on third bailout package
[ad_1] FILE PHOTO: TUI logo is seen at the TUI travel center in Hanley, Stoke-on-Trent, Britain, July 28, 2020. REUTERS/Carl Recine/File Photo FRANKFURT (Reuters) – TUI struck a deal on…
Mercedes-Benz to lift Aston Martin stake to up to 20% by 2023
[ad_1] (Reuters) – Daimler DAIGn.DE unit Mercedes-Benz is to lift its stake in Britain’s Aston Martin AML.L to up to 20% by 2023, making it one of the struggling British…