CVC Capital Seeks $400 Million Loan for BAPE Dividend Payout
CVC Capital Partners Plc is in talks with banks for a $400 million loan to fund a payout to the shareholders of a clothing company, A Bathing Ape, which it co-owns, according to people familiar with the matter.
The London-based private equity firm is reaching out to regional and international banks for the loan, which could carry a tenor of five years, the people said, who asked not to be identified discussing private matters. The borrowing's details could change as discussions are ongoing, the people added.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
an hour ago
- Yahoo
Start buying shares for £500? Here's how – and some reasons why!
One myth about the stock market is that it takes a lot of money for someone to start buying shares. In fact, it is possible to do so with just a few hundred pounds. I actually think there are good reasons to consider doing so. One is that it means someone can be in the market sooner, rather than waiting years or perhaps even decades before they have saved up a large tum to get going. From the perspective of a long-term investor, a longer timeframe can offer a potentially sizeable advantage. Most people make some beginner's mistakes in the market, realistically – and starting on a small scale can also mean that they are less costly. The 'why' may now be clearer – but what about the 'how'? To start buying shares requires a practical means of doing so. So a new investor should consider how to put the £500 into the market. There are lots of options when it comes to share-dealing accounts, Stocks and Shares ISAs, and trading apps. Each investor has their own circumstances and so it pays to make a considered choice. Learning how the stock market works in detail can take years. But upfront an investor ought at least to come to grips with important concepts, from valuing shares to managing risks. For example, even with £500 it is possible to diversify across different shares. There is a difference between a good business and a good investment, so just putting money into successful businesses is not necessarily a smart way to invest. That helps explain why I do not own shares like Apple or Nvidia at the moment. I regard both as solid businesses, but do not think their current share prices offer me a compelling investment opportunity. What sorts of shares do I think someone should consider when they want to start investing, then? One mistake many people make is being too greedy. I understand – people start buying shares because they want to build wealth. But, in the stock market as elsewhere in life, opportunities that look too good to be true usually are. Starting with a well-known, proven business at a decent price could be attractive. That is why I think new investors should consider baker Greggs (LSE: GRG). The business is easy to understand – indeed, many of us are quite familiar with it from shopping there. Greggs has a proven business model and it already benefits from economies of scale that I think could grow if it expands its footprint. There are lots of opportunities to do that, as the company itself has recognized. Customer demand is high and resilient. While the industry is not glamorous, Greggs makes money thanks to its strong brand, huge shop network, and unique twists on well-known products. But investors have been worrying about profitability, with risks like a weak economy hurting sales and higher employment costs eating into profits. The result is that it is 31% cheaper to buy a Greggs share today than it was a year ago. I see that as an opportunity. Indeed, I started buying Greggs shares for my portfolio in recent months. A 3.6% dividend yield is the icing on the cake. The post Start buying shares for £500? Here's how – and some reasons why! appeared first on The Motley Fool UK. More reading 5 Stocks For Trying To Build Wealth After 50 One Top Growth Stock from the Motley Fool C Ruane has positions in Greggs Plc. The Motley Fool UK has recommended Apple, Greggs Plc, and Nvidia. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Motley Fool UK 2025
Yahoo
an hour ago
- Yahoo
While institutions own 28% of Tourism Holdings Limited (NZSE:THL), individual investors are its largest shareholders with 49% ownership
Significant control over Tourism Holdings by individual investors implies that the general public has more power to influence management and governance-related decisions 50% of the business is held by the top 18 shareholders Recent sales by insiders We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. A look at the shareholders of Tourism Holdings Limited (NZSE:THL) can tell us which group is most powerful. With 49% stake, individual investors possess the maximum shares in the company. In other words, the group stands to gain the most (or lose the most) from their investment into the company. And institutions on the other hand have a 28% ownership in the company. Institutions will often hold stock in bigger companies, and we expect to see insiders owning a noticeable percentage of the smaller ones. Let's take a closer look to see what the different types of shareholders can tell us about Tourism Holdings. See our latest analysis for Tourism Holdings Institutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index. We can see that Tourism Holdings does have institutional investors; and they hold a good portion of the company's stock. This suggests some credibility amongst professional investors. But we can't rely on that fact alone since institutions make bad investments sometimes, just like everyone does. If multiple institutions change their view on a stock at the same time, you could see the share price drop fast. It's therefore worth looking at Tourism Holdings' earnings history below. Of course, the future is what really matters. Tourism Holdings is not owned by hedge funds. Lurk Investment Trust is currently the company's largest shareholder with 12% of shares outstanding. For context, the second largest shareholder holds about 8.2% of the shares outstanding, followed by an ownership of 7.9% by the third-largest shareholder. Additionally, the company's CEO Grant Webster directly holds 1.2% of the total shares outstanding. A closer look at our ownership figures suggests that the top 18 shareholders have a combined ownership of 50% implying that no single shareholder has a majority. While it makes sense to study institutional ownership data for a company, it also makes sense to study analyst sentiments to know which way the wind is blowing. There are a reasonable number of analysts covering the stock, so it might be useful to find out their aggregate view on the future. While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. The company management answer to the board and the latter should represent the interests of shareholders. Notably, sometimes top-level managers are on the board themselves. I generally consider insider ownership to be a good thing. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions. We can see that insiders own shares in Tourism Holdings Limited. As individuals, the insiders collectively own NZ$9.6m worth of the NZ$493m company. Some would say this shows alignment of interests between shareholders and the board. But it might be worth checking if those insiders have been selling. With a 49% ownership, the general public, mostly comprising of individual investors, have some degree of sway over Tourism Holdings. While this group can't necessarily call the shots, it can certainly have a real influence on how the company is run. With a stake of 8.2%, private equity firms could influence the Tourism Holdings board. Sometimes we see private equity stick around for the long term, but generally speaking they have a shorter investment horizon and -- as the name suggests -- don't invest in public companies much. After some time they may look to sell and redeploy capital elsewhere. We can see that Private Companies own 13%, of the shares on issue. It might be worth looking deeper into this. If related parties, such as insiders, have an interest in one of these private companies, that should be disclosed in the annual report. Private companies may also have a strategic interest in the company. While it is well worth considering the different groups that own a company, there are other factors that are even more important. For example, we've discovered 5 warning signs for Tourism Holdings (2 make us uncomfortable!) that you should be aware of before investing here. If you are like me, you may want to think about whether this company will grow or shrink. Luckily, you can check this free report showing analyst forecasts for its future. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. — Investing narratives with Fair Values A case for TSXV:USA to reach USD $5.00 - $9.00 (CAD $7.30–$12.29) by 2029. By Agricola – Community Contributor Fair Value Estimated: CA$12.29 · 0.9% Overvalued DLocal's Future Growth Fueled by 35% Revenue and Profit Margin Boosts By WynnLevi – Community Contributor Fair Value Estimated: $195.39 · 0.9% Overvalued Historically Cheap, but the Margin of Safety Is Still Thin By Mandelman – Community Contributor Fair Value Estimated: SEK232.58 · 0.1% Overvalued View more featured narratives — Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Bloomberg
an hour ago
- Bloomberg
Powell and Lagarde Count Cost of Trump's Turbulence
The global economy's concussion from five months of Donald Trump's presidency is likely to feature when five of the world's leading central bank chiefs discuss monetary policy in public on Tuesday. From tariff-related trade ructions to oil-price gyrations caused by Middle East hostilities, the question of how to handle the fallout from White House decisions may loom large as Federal Reserve chief Jerome Powell speaks on a panel with peers from the euro zone, Japan, South Korea and the UK.
