High mortgage rates sideline homeowners from tapping home equity: ICE
Just 0.41% of tappable equity was withdrawn in Q3, 55% below the average withdrawal rate between 2010 and 2021.
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Just 0.41% of tappable equity was withdrawn in Q3, 55% below the average withdrawal rate between 2010 and 2021.
Brazilian retailer GPA said on Wednesday it had received an unsolicited offer from Colombian business magnate Jaime Gilinski to take over its subsidiary, Almacenes Exito, in a deal worth $836 million.
Cash-strapped French supermarket retailer Casino on Monday said it aims to conclude a debt restructuring agreement with its creditors by the end of next month, telling creditors it needed an equity contribution of "at least 900 million euros" ($981.63 million).
Bahrain's state investment fund Mumtalakat is buying preference shares and warrants worth 400 million pounds ($510.48 million) in carmaker McLaren from Saudi Arabia's Public Investment Fund (PIF) and Ares Management, Sky News reported on Wednesday.
Australian aged-care provider Estia Health Ltd said on Wednesday it received a revised offer from Bain Capital, implying a total deal consideration of A$826.8 million ($552.05 million).