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Latest News on private equity markets

Former Thomas Cook boss defends record, pay after firm's collapse

The former chief executive of bankrupt travel firm Thomas Cook on Tuesday said he understood public anger over his pay but defended his record, saying he had worked tirelessly to try and save the company.



5 years ago

Blackstone plans to launch tender offer for Japan's Unizo

Private equity firm Blackstone Group said on Tuesday it would launch a tender offer for Japan's Unizo Holdings at 5,000 yen a share, doubling down on its $1.6 billion offer after the proposal was rebuffed by the hotel chain.



5 years ago

Oil prices ease on scant details of U.S.-China trade deal

Oil prices eased on Monday as scant details on the first phase of a trade deal between the United States and China undercut last week's optimism over the thaw that helped to lift crude markets by 2%.



5 years ago

Russian investors eyeing Saudi Aramco listing - wealth fund chief

A number of Russian investors are interested in a planned initial public offering of Saudi Arabian state-owned oil company Saudi Aramco, Kirill Dmitriev, the chief executive officer of Russian sovereign wealth fund RDIF, told reporters on Sunday.



5 years ago

Emirates Airline's Dnata exposure to Thomas Cook 'not a small amount': executive

Emirates Airline President Tim Clark said the group's Dnata unit's exposure to the bankrupt holiday operator Thomas Cook is "not a small amount".



5 years ago

Liberty Global offers to buy 500 million francs of Sunrise shares

Liberty Global has offered to buy up to 500 million Swiss francs ($502.11 million) of newly created Sunrise Communications shares - a move designed to ease through its 6.3 billion franc sale of its Swiss business.



5 years ago

WeWork opens new sites at breakneck speed despite cash-burn concerns

WeWork has opened almost as many new locations in the last 3-1/2 months as it did in the whole first half of this year, likely accelerating the speed with which the office-sharing company is burning through cash as increasingly hard-nosed investors scrutinize its prospects for going public.



5 years ago

Asian shares get trade lift, let down by China data

Asian share markets firmed on Monday as signs of progress in the Sino-U.S. trade standoff whetted risk appetites, though investors remained wary of the damage already done to the global economy.



5 years ago

Founder of Britain's Superdry becomes permanent CEO

Julian Dunkerton, the founder of British fashion group Superdry , has become the firm's permanent chief executive after he won an acrimonious battle for control in April, it said on Monday.



5 years ago

China September exports, imports in deeper contraction as tariffs take toll

A slide in China's exports picked up pace in September while imports contracted for a fifth straight month, pointing to further weakness in the economy and underlining the need for more stimulus as the Sino-U.S. trade war drags on.



5 years ago

Emirates sees place for Boeing 787 in airline’s fleet: President

Emirates Airline President Tim Clark said on Monday he sees a place for Boeing's 787 aircraft in the Dubai airline's fleet.



5 years ago

Liberty Global backs Sunrise capital hike with 500 million sfr offer

Liberty Global has offered to buy up to 500 million Swiss francs ($502.11 million) in newly created Sunrise Communications shares - a move aimed at rescuing the 6.3 billion franc sale of its Swiss business.



5 years ago

Trump's hailing of $50 billion in Chinese farm purchases seen as 'meaningless'

China is still a long way from forking out $50 billion for farm goods from the United States, agriculture industry analysts said on Monday, cautioning that getting there is contingent on removing substantial technical and political hurdles.



5 years ago

WTO authorizes U.S. to target EU goods with tariffs over Airbus

The World Trade Organization (WTO) formally authorized the United States on Monday to impose tariffs on up to $7.5 billion of imports of EU goods after a decision earlier this month by a WTO arbitrator over subsidies to planemaker Airbus .



5 years ago

Oil prices down as U.S.-China trade deal has no outcome

Oil prices eased on Monday as scant details on the first phase of a trade deal between the United States and China undercut last week's optimism over a U.S.-Sino thaw that helped to lift crude markets by 2% at the end of last week.



5 years ago