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 […]
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 […]
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 […]
