Brookfield-backed firm renews bank guarantee to stay in race for IL&FS office premise

New Delhi, Jan 23 (PTI) Brookfield-backed Chronos Properties has renewed a ₹148 crore bank guarantee to stay in the race for acquiring the flagship Bandra Kurla Complex property of Infrastructure Leasing and Financial Services (IL&FS). Brookfield-backed firm renews bank guarantee to stay in race for IL&FS office premise (Photo for representational purposes only) (Unsplash) In […]

Larry Ellison gives $40-bn personal guarantee for Paramount-Warner Bros deal| Business News

Oracle ‍co-founder Larry Ellison has agreed to provide a personal guarantee of $40.4 billion of the equity financing ⁠for Paramount ⁠Skydance Inc.’s offer to ⁠acquire Warner Bros. Discovery. Oracle founder Larry Ellison. (AFP) Paramount, controlled by Ellison’s son David Ellison said the ​amended terms do not change the $30-per-share all-cash offer. Earlier, Netflix Inc. said […]

Tata Motors PV in focus as UK credit agency warns against JLR loan guarantee| Business News

The UK government’s £1.5-billion loan guarantee to help Jaguar Land Rover after a major cyberattack falls outside the “normal underwriting criteria”, the Financial Times reported on Monday. The JLR cyberattack cost the British economy an estimated £1.9 billion and affected more than 5,000 suppliers. (Bloomberg) In a 25 September letter seen by FT, UK Export […]