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Dye & Durham raises $500-million to help fund acquisition spree Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account
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Dye & Durham Ltd.,a legal-software company with an aggressive acquisition strategy, is raising $500-million in debt and equity, and will use some of the funds to continue adding to its portfolio.
The Toronto-based company will raise $200-million in equity, offering 3.96 million shares at a price of $50.50. The company will also raise $300-million in debt, which is convertible to equity, and is due March 1, 2026. The offering is expected to close on Feb. 23.
Citigroup cannot recoup Revlon payouts after nearly $900-million gaffe: U.S. judge Jonathan Stempel Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account
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Mike Segar/Reuters
A federal judge on Tuesday said Citigroup Inc. is not entitled to recoup half a billion dollars of its own money that it mistakenly wired lenders of Revlon Inc. , in what he called “a banking error of perhaps unprecedented nature and magnitude.”
U.S. District Judge Jesse Furman in Manhattan said the Aug. 11, 2020, transfers were “final and complete transactions, not subject to revocation.”
M&G Credit Income Investment Trust plc: Net Asset Value(s)
DJ M&G Credit Income Investment Trust plc: Net Asset Value(s)
M&G Credit Income Investment Trust plc (MGCI)
M&G Credit Income Investment Trust plc: Net Asset Value(s)
16-Feb-2021 / 17:18 GMT/BST
Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014
(MAR), transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
= M&G Credit Income Investment Trust plc (the Company )
Net Asset Value(s) The information contained within this announcement constitutes inside information. The person responsible for
Daily Monitor
Tuesday February 16 2021
Residential property in Kampala. Property valuation is the process which determines the economic value of real estate.
PHOTO/Eddie Chicco
Summary
Valuations have grown as a result of rising loan restructuring exercises by banks. If one is evaluating a property to get a bank loan, most of the time the value will differ from someone valuing to sell.
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Few people understand what valuers consider when determining the market price of property. I have in the recent past engaged different valuers to value a house I wanted to buy but each of them came up with different values. So, what do these professionals look at?