Singapore hospitality trusts seen as ripe for more take-private deals

SINGAPORE: Deals to take private Singapore’s real estate investment trusts (REITs) are expected to gain momentum as the companies reel under rising interest rates and fierce competition to buy assets, bankers and analysts said. The trend in the sector, which is worth US$7 billion, was underscored by a proposal this week by Frasers Property Ltd … Read more

Goldman-Backed Recycled Cotton Supplier Valued at $1 Billion

Recover, the Valencia, Spain based producer of recycled cotton fibre and cotton fibre blends for many major fashion brands, has closed a $100 million minority equity investment led by Goldman Sachs Asset Management and existing investor STORY3 Capital Partners. The new funding values ​​the company at $1.1 billion, according to sources close to the deal. … Read more

10 personal finance rules to follow if you are taking a sabbatical from work

Taking a career break is so common these days. To break away from the past and to move on a different path, one needs time to think through, plan and prepare. Many young mothers take a break from work to raise a child; some take a break to begin an entrepreneurial venture; some decide to … Read more

4 Internet Delivery Stocks to Focus On in a Flourishing Industry – June 9, 2022

The pandemic-induced travel restrictions and social-distancing measures have been hurting the Zacks Internet – Delivery Services industry. Nonetheless, recovery is anticipated for companies like GoDaddy (GDDY Quick QuoteGDDY – Free Report), MakeMyTrip (MMYT Quick QuoteMMYT – Free Report), QuinStreet (QNST Quick QuoteQNST – Free Report) and Asure Software (ASUR Quick QuoteASUR – Free Report) as … Read more