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 British mortgage lenders are beginning to batten down the hatches for an oncoming spike in unemployment. HSBC Holdings Plc, Barclays Plc and Natwest Group Plc have tightened restrictions on home loans for risky borrowers as officials unwind pandemic-support efforts. Then there’s the renewed prospect of a no-deal Brexit, threatening to deepen what’s already worst recession in centuries. By moving …