vimarsana.com

Page 42 - புதியது யார்க் பட்டியலிடப்பட்டுள்ளது News Today : Breaking News, Live Updates & Top Stories | Vimarsana

American exit for Las Vegas Sands Corporation

March 3, 2021 American casino operator Las Vegas Sands Corporation has announced the signing of deals that are to see it offload its remaining trio of domestic properties for an aggregate consideration worth roughly $6.25 billion. The Las Vegas-headquartered firm used an official press release to detail that the arrangements will involve The Venetian Resort Hotel Casino and its 3,000-room The Palazzo hotel as well as the nearby Sands Expo and Convention Center being sold to affiliates of global alternative investments firm Apollo Global Management Incorporated and the Vici Properties Incorporated real estate investment trust spun off by Caesars Entertainment Incorporated in 2017. Pricey particulars:

Jumia expands in online Africa food delivery in quest for profit

A package set for delivery is seen at the Jumia warehouse in Lagos, Nigeria. Expanding into food fits with Jumia’s strategy of bringing e-commerce to countries where global giants such as Amazon.com Inc and Alibaba have yet to make major inroads. Reuters Jumia Technologies AG is expanding in online food delivery as the pioneering Africa e-commerce business looks to grow beyond its main market of trading phones and electronics. Food makes up 20% of overall transactions on the platform and is growing quickly, co-chief executive officer Sacha Poignonnec said in an interview. The company is expanding the service into Egypt, where there is a gap in the market following the exit of Uber Eats, he said.

Private Equity Has $300 Billion for Pandemic-Hit Real Estate

(Bloomberg) Real-estate bosses at Blackstone Group Inc. quietly smiled when Britain’s biggest-selling tabloid unwittingly endorsed their largest European real estate deal since the pandemic.The Sun’s front page teased readers that foreign travel curbs meant they’d be splashing their cash at the much-maligned seaside town of Bognor Regis this year. Less than two weeks earlier, it had emerged Blackstone was in talks to spend about 900 million pounds ($1.3 billion) on a majority stake in the owner of Butlins, which has run a popular holiday park in the south-England town for 60 years.The private equity giant is leading cash-rich peers including Lone Star and KKR & Co. in preparing for a world beyond the pandemic as the rollout of vaccines hints at commercial properties stirring back to life. Buyout firms’ global real estate funds are now sitting on more than $300 billion of unspent cash, according to Preqin data.“There is a lot of money on the sid

Private equity has US$300B war chest for COVID-hit property

Private equity has US$300B war chest for COVID-hit property
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

© 2025 Vimarsana

vimarsana © 2020. All Rights Reserved.