Recent Posts

More than half of South Africa’s coal plants low on stock

Bloomberg More than half of South Africa’s core coal plants are running low on fuel, with at least four holding less than 10 days of supply, and the country’s power utility plans on trucking and railing emergency stocks as far as 400 kilometres (249 miles). State-owned Eskom Holdings SOC Ltd. has 15 around-the-clock baseload coal stations throughout the nation, nine ...

Read More »

KKR to sell oldest Asian investment for $645mn

Bloomberg KKR & Co. agreed to sell Singapore hard-drive component maker MMI Holdings Ltd. for about $645 million including debt, people with knowledge of the matter said, exiting the oldest Asian investment listed in its portfolio. KKR signed a deal to sell MMI, which it has owned for 11 years, to a Chinese buyout group led by an affiliate of ...

Read More »

Silver Lake invests $600mn in AMC with Wanda retreating

Bloomberg Dalian Wanda Group Co., the Chinese firm controlled by Wang Jianlin, is scaling back its bet on AMC Entertainment Holdings Inc. as part of a push by the billionaire to shore up finances. The largest US movie-theatre chain will receive a $600 million investment from private equity firm Silver Lake, letting it buy back stock owned by Wanda and ...

Read More »
Send this to a friend