Anonymous sources
Financial Times
Vultures circle GHG as restructuring looms - Financial Times
The special situations arm of KKR, the US private equity group, is one of the funds that has bought some of the hospital company's debts, according to people familiar with the matter. KKR declined to comment. Taking over GHG could be difficult and ...
Hospital group GHG teeters on the brink - Financial Times
As well as the property arm's main debts of £1.65bn, it has a £420m liability through an interest rate swap, while the operating arm has debts of £260m, according to a person close to the situation. But investors would gain no value from breaking up ...
State prosecutors confer over US mortgages probes - Financial Times
No deal has been reached, people familiar with the matter said. A spokesman for the Department of Housing and Urban Development, the federal agency spearheading the multistate settlement talks, declined to comment. “Through frequent conference calls, ...
Greek bondholders say time running out - Financial Times
They think they can play brinkmanship over this but Greece has got the upper hand,” said a person close to one large bondholder. Evangelos Venizelos, Greek finance minister, said he was “cautious but confident” after a meeting with Charles Dallara, ...
Goldman departures a sign of higher turnover - Financial Times
Goldman declined to comment on the departures, however a person familiar with the matter said they had left of their own accord. Mr Heller, 44, had been touted as a potential successor to chief executive Lloyd Blankfein but he has recently spent more ...
Doubts grow over Saleh's pledge to step down - Financial Times
An opposition minister, who refused to be named, told the Financial Times: “President Saleh is the main problem. He is the reason the revolution was launched, and we are trying to realise its goals by achieving peace.” Please don't cut articles from ...
NYSE's Lukken set to head futures association - Financial Times
... run by NYSE Euronext, is set to be appointed next president of the US Futures Industry Association, many of whose members have been engulfed in the debacle surrounding collapsed futures broker MF Global, four people familiar with the matter said. ...
BofA to cut 75 managing directors in Asia - Financial Times
Bank of America Merrill Lynch is to lay off a fifth of its 75 managing directors in Asia as part of a reshuffle at the troubled US lender, according to people familiar with the matter. The move is the latest in a round of job losses at investment banks ...
Microsoft to promote smartphone software - Financial Times
Despite rising anticipation on Wall Street, however, the software company is not ready to take the wraps off a new version of Windows, according to a person familiar with its plans. Windows 8, expected to be launched this year, is designed to work with ...
Greek bondholders poised to accept higher losses - Financial Times
“The ECB's holding will be the story to watch in the next few months,” a person close to bondholders said. Advisers said agreement on a deal was necessary in the next week or so because implementation of such a complex debt exchange would take many ...
HK approves first set of RQFII funds - Financial Times
... CSOP will start an initial public offering for its RQFII fund, the China Southern Shen Zhou RMB Fund, early this month, according to a marketing officer from the company, who declined to be named due to internal compliance issues. ...
Agility due to submit preliminary motion to US court prior to 24 Jan hearing - Financial Times
... to investors. www.dealreporter.com Agility is due to submit a preliminary motion to a US court prior to a hearing on 24 January in response to a lawsuit filed against it by the US government, a person close to the Kuwaiti company told dealReporter. ...
Mortgage talks point to likely investor losses - Financial Times
Investors probably would have no say in the decision, according to people familiar with the matter. Mortgages serviced on behalf of taxpayer-owned giants Fannie Mae and Freddie Mac would not be eligible for principal reduction, though they would be ...
Bombs targeting Iraqi Shia kill over 70 - Financial Times
Two more bombs were detonated simultaneously near a hospital in the same area, according to Ministry of Interior officials who spoke on the condition of anonymity because they were not authorised to speak publicly. A total of nine people were killed ...
Key Brussels Mifid regulator to move jobs - Financial Times
... handling key reforms of securities markets, is likely to leave his post shortly and be appointed to a new job at a different department spearheading auditing reform and free movement of capital, three people familiar with the matter said. ...
JD Sports enters fray for Blacks Leisure - Financial Times
The sports retailers are understood to be among four parties preparing final offers to be submitted by a deadline of Thursday to KPMG, which is handling the sale process, say people familiar with the matter. Any deal to save the outdoor leisure group ...
Temasek sets up S$2.5bn China fund - Financial Times
... which will be run by Tow Heng Tan, Temasek's former chief investment officer, is still in the formative stages and it is not clear how closely tied to its parent it will be or who will sit on its board, according to people familiar with the matter. ...
CP Rail under pressure to shake up management - Financial Times
Pershing intends to try and oust most of the current board unless it agrees soon to install Hunter Harrison, a former chief executive of Montreal-based Canadian National Railway, as CP Rail's CEO, according to a person familiar with the situation. ...
Brazil plant tarnishes ThyssenKrupp's sheen - Financial Times
The South American division and Citic have since held talks about compensation with Citic indicating it is in principle prepared to shoulder some of the additional costs, according to a person close to ThyssenKrupp. But in more than two years since the ...
Brazil plant tarnishes ThyssenKrupp's sheen - Financial Times
The South American division and Citic have since held talks about compensation with Citic indicating it is in principle prepared to shoulder some of the additional costs, according to a person close to ThyssenKrupp. But in more than two years since the ...
Thousands strike at LG Display China plant - Financial Times
At the LG Display factory in Nanjing, the striking workers ransacked the cafeteria and offices on Monday and Tuesday but did not damage any factory equipment, according to an office clerk who asked not to be named. Some production at the factory ...
France Telecom to sell Swiss unit to Apax - Financial Times
France Telecom could complete the deal before the end of the year, said a source close to the transaction. Bloomberg News reported on Friday night that the deal could be announced as soon as this week. France Telecom had lined up Credit Suisse, ...
Russia's rich get jitters amid fresh protest - Financial Times
One businessman, who asked not to be named, suggested the instability could reach levels last seen in 1996 when Boris Yeltsin battled Communist leader Gennady Zyuganov in tightly fought presidential elections, and when “we didn't know the future”. ...
Korean IPO resilience to continue in 2012 - Financial Times
Another investment banker who declined to be named said that several Korean companies including POSCO have been studying listing subsidiaries in foreign stock markets to enhance overseas operations but no major progress has been made. ...
Climate Change Capital faces takeover - Financial Times
James Cameron, the investment firm's founder and a member of the UK government's Business Advisory Group, is expected to stay on at the firm he started nearly eight years ago, according to people familiar with the matter. Climate Change Capital had one ...