Funding & Business
JPMorgan, Deutsche Bank Lead €750 Million Kelvion Buyout Debt
Lenders including JPMorgan Chase & Co. and Deutsche Bank AG are providing around €750 million ($879 million) of debt financing to back Apollo Global Management Inc.’s acquisition of German cooling equipment firm Kelvion.
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Hello and welcome to the newsletter, a grab bag of daily content from the Odd Lots universe. Sometimes it’s us, Joe Weisenthal and Tracy Alloway, bringing you our thoughts on the most recent developments in markets, finance and the economy. And sometimes it’s contributions from our network of expert guests and sources. Whatever it is, we promise it will always be interesting.
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Mike Cagney, co-founder and executive chairman of blockchain lender Figure, joins “Bloomberg Tech” to discuss the company’s debut on the Nasdaq and what comes next for the blockchain-based fintech firm.
(Source: Bloomberg)
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Finland is considering an initial public offering of Posti Group Oyj on the Helsinki stock exchange as soon as this year, according to people familiar with the matter, kicking off a long-touted privatization of the country’s postal service.
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