New Jersey’s Bubbakoo’s Burritos acquired by private equity firm
WALL TOWNSHIP, N.J. — Bubbakoo’s Burritos, the fast-casual Mexican-fusion chain founded in New Jersey, has been acquired by Thompson Street Capital Partners, a private equity firm based in St. Louis, the companies…
Singapore’s Frasers Property seeks to take hospitality trust private
SINGAPORE -Singapore-listed Frasers Property Ltd, part of Thai tycoon Charoen Sirivadhanabhakdi’s TCC Group, proposes to take unit Frasers Hospitality Trust private in a deal that values it at S$1.35 billion ($970 million).…
Mo Hill, Council Scrap Plan to Convert Huddy Park Green Acres into Private Developer Land Sale For Now
TOMS RIVER, NJ – A plan by Toms River Mayor Maurice Hill to convert a parking lot which is part of the Huddy Park Green Acres land preservation inventory into a lot…
Dem Rep Spent Thousands Of Tax Dollars On Private Security After Pushing Bill Targeting Cops, Records Show
Dem Rep Spent Thousands Of Tax Dollars On Private Security After Pushing Bill Targeting Cops, Records Show Gabe Kaminsky on June 7, 2022 Democratic Texas Rep. Sheila Jackson Lee, who co-sponsored a…
US Can Seize Russian Oligarch’s Private Jets, Court Rules
US Can Seize Russian Oligarch’s Private Jets, Court Rules Micaela Burrow on June 6, 2022 A U.S. federal judge issued warrants on Monday to seize two private jets, together valued at upwards…
Egypt private sector activity extends contraction in May as inflation weighs-PMI
CAIRO – Non-oil private sector activity in Egypt contracted for an 18th month in May as the Ukraine crisis, import restrictions and a devalued currency put pressure on prices, a survey showed…
Saudi non-oil private sector grows solidly in May, steady from April – PMI
DUBAI – Saudi Arabia’s non-oil private sector continued strong growth in May, notching its 21st consecutive month of expansion, as demand withstood rising output costs, a survey showed on Sunday. The headline…
Bidens safe after private plane enters airspace in Rehoboth Beach, Delaware
REHOBOTH BEACH, Del. – U.S. President Joe Biden and first lady Jill Biden were briefly evacuated from their vacation home on Saturday after a small private plane mistakenly entered the restricted airspace…
Goodwin hires two private equity partners in DC, California
By Chinekwu Osakwe (Reuters) – Goodwin Procter said Friday that it has hired two private equity partners for its Washington, D.C., and Santa Monica, California, offices. Andrew Kimball joined the firm in…
UAE non-oil private sector grows strongly despite inflationary pressure – PMI
DUBAI – Growth in the United Arab Emirates’ non-oil private sector strengthened in May to a five-month high as demand remained strong despite inflationary pressures, a survey showed on Friday. The seasonally…
U.S. private payrolls miss expectations in May – ADP
WASHINGTON – U.S. private payrolls increased far less than expected in May, which would suggest demand for labor was starting to slow amid higher interest rates and tightening financial conditions, though job…
Private equity industry like a Ponzi scheme, says Amundi CIO
LONDON – The private equity industry has grown into a pyramid scheme that will create casualties in around three to five years, the chief investment officer of Europe’s biggest asset manager said…
Just How Much CO2 Did Woke Elites Spew Flying Private Jets To Davos?
Just How Much CO2 Did Woke Elites Spew Flying Private Jets To Davos? Thomas Catenacci on May 27, 2022 World government leaders, executives, celebrities and billionaires likely emitted thousands of pounds of…
Toms River to Pay $244,000 to Fix Eroded Beach as Residents Criticize ‘Private’ Beach Owners
TOMS RIVER, NJ – As Toms River Township officials approved a $244,000 contract with Vulcan Construction Group of Burlington County to replenish beach sand lost during the early may nor’easter, residents took…
Florida private equity manager gets 8 years prison in New York for defrauding banks
By Jonathan Stempel NEW YORK – A Florida man who masterminded a “brazen, sophisticated” scheme to defraud banks into providing about $134 million of loans for his private equity fund was sentenced…
CEO Of Private Equity Fund Sentenced To 97 Months For $133 Million Bank And Securities Fraud Scheme
Damian Williams, the United States Attorney for the Southern District of New York, announced that defendant ELLIOT SMERLING was sentenced to 97 months in prison for a multi-year bank and securities fraud…
China Resources in talks to take Sihuan Pharma private at $3 billion valuation -sources
HONG KONG -State conglomerate China Resources is in early-stage talks with Sihuan Pharmaceutical’s chairman about jointly taking the Hong Kong-listed company private in a deal valuing it at nearly $3 billion, two…
Toms River Officials Seek to Seize Private Land Under Eminent Domain to Stop North Dover Development
TOMS RIVER, NJ – Toms River officials are once again ready to open the township coffers to buy private land in the North Dover section of town in an attempt to curb…
Didi, Lenovo founders go private on China social media, join retreat from spotlight
By Josh Ye HONG KONG – The president of Chinese ride-hailing giant Didi Chuxing and her father, the founder of Lenovo, have ended their public presence on China’s main social media site,…
India’s private school aspiration increasingly out of reach as inflation bites
By Manoj Kumar NEW DELHI – Indian financial consultant Waqar Khan has seen his income drop by about a fifth since the coronavirus pandemic began. When his younger son’s private school raised…
China’s April new home prices see slower gains – private survey
BEIJING – China’s April new home prices grew at a slightly slower pace compared with March gains, a private survey showed on Sunday, with policy-easing moves by local governments yet to significantly…
Yellen urges development banks to mobilize private capital for G7 infrastructure push
By Andrea Shalal WASHINGTON – U.S. Treasury Secretary Janet Yellen urged the World Bank and other multilateral development lenders to accelerate infrastructure investments in emerging market countries as part of a concerted…
KKR raises $19 billion for flagship North America private equity fund
By Chibuike Oguh (Reuters) – Buyout firm KKR & Co Inc said on Monday it has raised $19 billion from investors for its latest flagship North America private equity fund, its biggest…
Jackson Township Says State Should Pay to Bus Children to Private Schools
JACKSON TOWNSHIP, NJ – The Jackson Township Council is demanding the State of New Jersey pay to bus roughly 2,700 private school children who live in Jackson, but attend private schools in…
Goldman CEO, top deputies to get cut of profits from bank’s private investment funds – WSJ
(Reuters) – Goldman Sachs Chief Executive David Solomon and his top deputies will get a part of profits from the bank’s private investment funds, the Wall Street Journal reported on Tuesday, citing…
Leading Private Equity Practitioner David Cosgrove to Join Dechert’s Charlotte Office
NEW YORK, April 19, 2022 — Dechert LLP announced today that leading private equity practitioner David Cosgrove will join the firm’s corporate and securities group as a partner in the Charlotte office.…
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