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EQT Revives Talks to Acquire $6.5 Billion Global Switch, Sources Say - Vimarsana News

EQT Revives Talks to Acquire $6.5 Billion Global Switch, Sources Say

(Bloomberg) -- EQT AB has resumed seeking to acquire Global Switch Holdings Ltd. in a deal that could value the data center company at around $6.5 billion, people familiar with the matter said, months after earlier talks stalled over disagreements on valuation.Most Read from BloombergSam Bankman-Fried Convicted of Fraud in Stunning FTX CrashAmazon’s Jeff Bezos Announces Move to Miami From SeattleIntuit Is Closing Personal-Finance App Mint, Shifts Users to Credit KarmaIsrael Latest: Blinken Set f

Source: yahoo.com
Global Switch $10 Billion Data Center Deal Fizzles Out on Valuation - Vimarsana News

Global Switch $10 Billion Data Center Deal Fizzles Out on Valuation

Activity from prospective bidders has slowed down in recent weeks, but buyout firms remain interested in acquiring Global Switch.

Waning trust: China shadow banks pivot away from property to survive - Vimarsana News

Waning trust: China shadow banks pivot away from property to survive

By Engen Tham, Clare Jim and Julie Zhu SHANGHAI/HONG KONG (Reuters) - For more than a decade, Chinese developers' debt-fuelled construction boom enric...

China's shadow banks pivot away from property to survive - Vimarsana News

China's shadow banks pivot away from property to survive

China’s shadow banking industry, worth about $4.4 trillion, or roughly the size of Britain’s economy, is scrambling for new business after the collapse of the property sector.

Source: afr.com
Waning trust: China shadow banks pivot away from property to survive | The Asahi Shimbun: Breaking News, Japan News and Analysis - Vimarsana News

Waning trust: China shadow banks pivot away from property to survive | The Asahi Shimbun: Breaking News, Japan News and Analysis

SHANGHAI/HONG KONG--For more than a decade, Chinese developers’ debt-fueled construction boom enriched the country’s shadow banks, who were eager to capitalize on the needs of an industry desperate for credit and too risky for traditional lenders.

Source: asahi.com