Bloomberg Authentic Brands Group LLC is in discussions to join a planned rescue of JC Penney Co, Business Insider reported, citing two people familiar with the matter. Mall landlords Simon Property Group Inc and Brookfield Property Partners LP agreed to buy the bankrupt department store in a deal valued at $1.75 billion. The people didn’t disclose whether Authentic Brands would ...

Bloomberg Financing to back the potential buyout of UK grocery firm Asda Group Ltd by a private equity sponsor could total just under four billion pounds ($5 billion), according to people familiar with the information. Three bidders are still involved in the process after final bids were submitted on Monday, Apollo Global Management, Lone Star Global Acquisitions Ltd, and TDR ...

Bloomberg Russian President Vladimir Putin is tightening his embrace of beleaguered ally Alexander Lukashenko as the Belarusian ruler intensifies a crackdown on month-long protests. Putin, who hosts Lukashenko for talks in Sochi on Monday, is determined opposition demonstrators won’t topple the Belarusian president, said five people close to the Kremlin, who asked not to be identified discussing internal policy. It’s ...