Ares Management to buy GLP Capital Partners ex-China business in $3.7b dealThe deal splits GCP into GCP International and GLP’s remaining business.

US-based Ares Management has entered into a deal to acquire the international business of Singapore-based GLP Capital Partners (GCP), the investment and asset management arm of Asian warehouse giant GLP, for $3.7 billion, according to a company statement on Tuesday. The deal excludes its operations in Greater China.   The deal includes approximately $1.8 billion in… Continue reading Ares Management to buy GLP Capital Partners ex-China business in $3.7b dealThe deal splits GCP into GCP International and GLP’s remaining business.

Alzheimer’s Association to Celebrate 40th Anniversary of the Imagine Benefit, Built on the Legacy of the Rita Hayworth Gala

– Hosted by Wayne Brady with a Headline Performance by Leslie Odom Jr. – NEW YORK, Oct. 8, 2024 /PRNewswire/ — The Alzheimer’s Association announced today the highly anticipated return of its Imagine Benefit, built on the legacy of the Rita Hayworth Gala. Set to take place on Wednesday, Oct. 23, 2024, at the iconic Plaza Hotel… Continue reading Alzheimer’s Association to Celebrate 40th Anniversary of the Imagine Benefit, Built on the Legacy of the Rita Hayworth Gala

@BMW: BMW M Motorsport News, 8th October 2024.003725

Björn Lellmann, Head of Customer Racing at BMW M Motorsport: “What an incredible weekend it has been for us and our BMW M Motorsport teams! Title win in the Intercontinental GT Challenge for Charles Weerts. Pro-Am title in the GT World Challenge America for Turner Motorsport. Title sweep for BMW Italia Ceccato Racing in the… Continue reading @BMW: BMW M Motorsport News, 8th October 2024.003725

GM investor day: Cruise, cash and EV profits top of mind for Wall Street

Mary Barra, chair and chief executive officer of General Motors Co., during a news conference at the Hudson’s building in Detroit, Michigan, US, on Monday, April 15, 2024. Jeff Kowalsky | Bloomberg | Getty Images DETROIT — A lot has changed since General Motors’ last investor day two years ago, but one thing that hasn’t… Continue reading GM investor day: Cruise, cash and EV profits top of mind for Wall Street

German FAZ: Lots of horror in Dax007839

Most ETF savings plans in this country run on the MSCI World. For good reason. There are success stories with Apple, Microsoft and Nvidia, each of which has more market value than all listed companies in Germany combined. Who else is causing a stir in the stock market world? Saudi Aramco’s oil wealth, for example,… Continue reading German FAZ: Lots of horror in Dax007839

German FAZ: Lots of horror in Dax007839

Most ETF savings plans in this country run on the MSCI World. For good reason. There are success stories with Apple, Microsoft and Nvidia, each of which has more market value than all listed companies in Germany combined. Who else is causing a stir in the stock market world? Saudi Aramco’s oil wealth, for example,… Continue reading German FAZ: Lots of horror in Dax007839

German FAZ: Lots of horror in Dax007841

Most ETF savings plans in this country run on the MSCI World. For good reason. There are success stories with Apple, Microsoft and Nvidia, each of which has more market value than all listed companies in Germany combined. Who else is causing a stir in the stock market world? Saudi Aramco’s oil wealth, for example,… Continue reading German FAZ: Lots of horror in Dax007841

Rivian shares fall after EV maker slashes production forecast, misses Q3 delivery expectations

Workers assemble second-generation R1 vehicles at electric auto maker Rivian’s manufacturing facility in Normal, Illinois, U.S. June 21, 2024.  Joel Angel Juarez | Reuters Shares of Rivian Automotive dropped by as much as 8.9% in intraday trading Friday after the electric vehicle startup delivered fewer vehicles in the third quarter than analysts had expected and… Continue reading Rivian shares fall after EV maker slashes production forecast, misses Q3 delivery expectations

IQVentures Completes Acquisition of The Aaron’s Company

ATLANTA, Oct. 3, 2024 /PRNewswire/ — The Aaron’s Company, Inc. (“The Aaron’s Company” or “Aaron’s”) (NYSE: AAN) today announced the completion of its acquisition by IQVentures Holdings, LLC (“IQVentures”), a leading fintech organization, for $10.10 per share in cash, or an enterprise value of approximately $504 million. The acquisition was originally announced on June 17, 2024,… Continue reading IQVentures Completes Acquisition of The Aaron’s Company

IQVentures To Complete Acquisition of The Aaron’s Company

ATLANTA, Oct. 3, 2024 /PRNewswire/ — The Aaron’s Company, Inc. (“The Aaron’s Company” or “Aaron’s”) (NYSE: AAN) and IQVentures Holdings, LLC (“IQVentures”) today announced that they expect to complete the previously announced acquisition by IQVentures of The Aaron’s Company later today. The acquisition was originally announced on June 17, 2024, and approved by The Aaron’s Company… Continue reading IQVentures To Complete Acquisition of The Aaron’s Company