TPG quarterly earnings more than triple on fee growth, asset sales

By Chibuike Oguh NEW YORK - TPG Inc said on Tuesday its second-quarter after-tax distributable earnings more than tripled, owing to strong growth in management fees and asset sales from its...

US news website Axios agrees $525m sale to Cox Enterprises

Axios is set to be acquired by Cox Enterprises, a legacy publisher. The cash deal, announced Monday, is expected to close in the next few weeks. Cox will invest $25m in the company that would help...

US news website Axios agrees $525m sale to Cox Enterprises

Axios is set to be acquired by Cox Enterprises, a legacy publisher. The cash deal, announced Monday, is expected to close in the next few weeks. Cox will invest $25m in the company that would help...

Axios to sell itself to Cox Enterprises for $525 million

Axios is being acquired by Cox Enterprises, which owns several newspapers. The deal values Axios at $525 million, sources say. Axios co-founders Jim VandeHei, Mike Allen and Roy Schwartz will...

Axios agrees to sell to Cox Enterprises for $525 million

Axios has signed a deal to sell to its most recent lead investor, Cox Enterprises, Inc., the companies announced Monday. The cash deal values the company at $525 million, according to sources...

Analysis-Banks are Twitter deal escape hatch Musk would struggle with

By Anirban Sen and Greg Roumeliotis - The banks that agreed to finance Elon Musk's $44 billion acquisition of Twitter Inc (NYSE:TWTR) have a financial incentive to help the world's richest person...

Credit Suisse mulls cutting thousands of jobs globally, report says

-Credit Suisse Group AG is discussing slashing thousands of jobs globally, Bloomberg News reported on Thursday, citing people familiar with the matter. Hours after the news, Fitch Ratings cut...

Consider mediation, London judge tells Kazakh miner ENRC, Dechert and Fraud Office

By Kirstin Ridley LONDON - A London judge has told Kazakh mining company ENRC, its former legal adviser Dechert and the UK Serious Fraud Office (SFO) to consider mediation to end bitter...

Italy approves anti-inflation package worth 17 billion euros-PM

ROME - Italy's government on Thursday approved an economic aid package worth 17 billion euros ($17.4 billion) to help shield firms and families from surging energy costs and consumer prices,...

Argentina's Massa orders immediate halt to transfers for spending -document

By Jorgelina do Rosario - Argentine Economy Minister Sergio Massa instructed finance officials to halt all new temporary cash transfers from the treasury to pay for government spending effective...

Apollo's Q2 earnings rise as Athene helps brave dealmaking slowdown

By Chibuike Oguh - Apollo Global Management (NYSE:APO) Inc reported a 13% rise in second-quarter earnings on Thursday, as income from its annuities provider Athene more than compensated for a...

Apollo Launches $15 Billion Equity Fund for High Net-Worth Investors

The $15 billion Apollo Aligned Alternatives fund is designed to replace public equity investments. It offers exposure to lower-volatility private ones, targeting returns similar to assets held by...

Apollo-led group to take Atlas Air private for $3 billion

-Air-freight company Atlas Air (NASDAQ:AAWW) Worldwide Holdings Inc is being taken private for nearly $3 billion by an investor group led by private equity giant Apollo Global Management...

Atlas Air to Be Bought by Apollo-Led Group

Airfreight company Atlas Air will be bought by a consortium of investors led by Apollo Global Management in an all-cash deal that values the company at $3.2 billion.

Indonesia blocks Yahoo, Paypal, gaming websites over licence breaches

JAKARTA -Indonesia has blocked search engine website Yahoo, payments firm PayPal (NASDAQ:PYPL) and several gaming websites due to failure to comply with licensing rules, an official said on...

U.S. State Department OKs potential sale to Greece of follow-on support for helicopters

WASHINGTON - The U.S. State Department has approved the possible sale to Greece of follow-on support for S-70 helicopters for an estimated cost of $162.07 million, the Pentagon said on...

Apollo-Led Group in Advanced Talks to Buy Atlas Air

A group led by Apollo Global Management is in advanced talks to buy airfreight company Atlas Air Worldwide Holdings. A deal could come soon assuming talks don’t fall apart, the people said. GoPro:...

Indonesia says it has blocked PayPal, Yahoo, Steam, Epic Games, and other websites for failure to comply with...

Register now for FREE unlimited access to Reuters.com JAKARTA, July 30 - Indonesia has blocked search engine website Yahoo, payments firm PayPal (PYPL.O) and several gaming websites due to...

Indonesia blocks Yahoo, Paypal, gaming websites over licence breaches

Indonesia has blocked search engine website Yahoo, payments firm PayPal (PYPL.O) and several gaming websites due to failure to comply with licensing rules. Registration is required under rules...

Indonesia blocks Yahoo, Paypal, gaming websites over licence breaches

JAKARTA - Indonesia has blocked search engine website Yahoo, payments firm Paypal and several gaming websites due to failure to comply with licensing rules, an official said on Saturday, sparking...

Analysis-As inflation soars, European consumer goods M&A slows

By Richa Naidu LONDON - As a cost-of-living crisis with no end in sight sends shockwaves through Europe, deals in the region's retail and consumer-products industries have slowed dramatically -...

Morning Coffee: 32-year-old Goldman Sachs VP allegedly risked career for $146k. Power swings back from bankers to banks

Brijesh Goel, 37, worked for Goldman Sachs between the ages of 28 and 36. He wound up as a VP, a role that pays a salary alone in New York of up to $275k. Last year, Goel moved to Apollo Global...

Morning Coffee: 32-year-old Goldman Sachs VP allegedly risked career for $146k. Power swings back from bankers to banks

Brijesh Goel, 37, worked for Goldman Sachs between the ages of 28 and 36. He wound up as a VP, a role that pays a salary alone in New York of up to $275k. Last year, Goel moved to Apollo Global...

Is Verizon Stock A Buy Or Sell As 2022 EPS Guidance Cut?

XVerizon Communications (VZ) reported June-quarter adjusted earnings that missed estimates and lowered 2022 EPS guidance. VZ stock has consistently underperformed the S&P 500, but often attracts...

Elon Musk Twitter deal financing put on hold over threats: report

SpaceX and Tesla CEO has threatened to walk away from the deal over Twitter's alleged refusal to provide him information about spam bots. Musk's lawyers wrote they have repeatedly asked for the...

Cybersecurity firm Perimeter 81 hits unicorn status with $100 million fundraising

Perimeter 81 said on Monday its backers now value the Israeli cybersecurity company at $1 billion, giving it unicorn status. The round, led by B Capital, marked a jump in valuation from its last...

Redbox getting swallowed by Chicken Soup For The Soul

Redbox just got itself bought by Chicken Soup For The Soul Entertainment Inc. The company behind eight million books of inspirational sub-Reader’s Digest horseshit. Redbox is, of course, the...

Elon Musk could put less money into Twitter acquisition deal

Forbes estimates Musk's net worth at about $245 billion. Yet most of his wealth is tied up in Tesla, the electric car maker he leads. Musk is in talks with high-net-worth individuals about taking...

Tony's Fresh Market acquired by private equity firm Apollo

Tony's Fresh Market, a specialty grocery chain with 18 locations in the Chicago area, is being purchased by funds managed by affiliates of Apollo Global Management. Tony’s has been family-owned...

Stocks making the biggest moves midday: Twitter, Johnson & Johnson, WeWork and more

Shares of Johnson & Johnson gained 3% after the company beat earnings expectations in its first-quarter report. J&J lowered its full-year sales and earnings outlook and stopped providing Covid-19...

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