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Update: KKR, CKI, and FitzWalter among six bidders for Thames Water equity rescue

Private Equity Insights

Among the strongest contenders are KKR, Hong Kong-based infrastructure investor CKI, hedge fund Covalis Capital, and London-based Castle Water. The process remains fluid, with all bids currently non-binding. CKI has reportedly expressed the most serious commitment, proposing a 7bn capital injection.

Bidding 147
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Private-equity firm Sycamore Partners mulling Macy’s takeover bid

Private Equity Insights

Private-equity group Sycamore Partners is considering a potential bid to purchase department store chain Macy’s (NYSE:M), according to a report in the New York Post. billion take private bid from investing firm Arkhouse and hedge fund Brigade earlier this month. The report comes after Macy’s rejected a $5.8

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Hedge fund short sellers burnt by flurry of UK takeover bids

Financial Times M&A

Managers scale back or ditch bets against London-listed stocks after M&A activity drives sharp share price rises

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Investor Boaz Weinstein leading rival bid for hedge fund Sculptor

Financial Times M&A

Saba Capital founder is working with Pershing Square’s Bill Ackman and Marc Lasry of Avenue Capital Group

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SEC suffers setback in bid to increase PE and VC fund oversight

Private Equity Wire

The SEC has suffered a major setback in its bid to increase oversight of the private equity and venture capital industry after a US appeals court threw out a new rule requiring managers to provide investors with fees and expenses each quarter.

Bidding 94
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Are These 2 Companies Next for Short Squeezes?

The Motley Fool

Investors (usually hedge funds and large institutions) may develop a negative opinion about a company and sell its stock short in large quantities in a bid to benefit from the expected share price drop. In case you aren't familiar with short squeezes , here's the quick version.

Companies 246
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Bill Ackman's Critics Had "Extreme Skepticism" About These 3 Investments, but He Still Made Billions on Them

The Motley Fool

Billionaire Bill Ackman manages hedge fund Pershing Square Capital Management, and he's comfortable with the idea of contrarian investing. By advocating for the value of the assets, Ackman was able to contribute to a bidding war for General Growth Properties. But Ackman believed the company still had valuable assets. billion.