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China has smarter places to park money than car garages

  If there’s one message to take away from Asian buyers’ heated interest in French parking lot operator Indigo, it’s that investors remain hungry for yield and assets are scarce. But those steering away from their traditional targets in the hope of infrastructure-like returns from car spaces should be wary. With fewer car parks being built in city centers, parking-lot ...

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How Spotify grew up before going public

  It’s unconscionable in 2017 that the only publicly traded music streaming company is still Pandora Media Inc., an Internet radio provider which went public in 2011 and is trading below its initial public offering price. Hopefully, Spotify Ltd. will rectify the situation this year, even if that means it has to use a back door to an exchange listing. ...

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Clean-energy builders selling ‘yieldco’ stakes to get cash

  Bloomberg Two years ago, solar and wind developers couldn’t get enough of a security that helped finance their clean-energy projects. Now, a growing number are considering cashing out. The industry created publicly traded securities, known as yieldcos, to raise capital for new construction, which attracted shareholders eager for dividends from the sale of electricity. Fifteen US and European companies ...

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