logo
Partners Group Is in Talks to Hand Smurf Toymaker to Creditors

Partners Group Is in Talks to Hand Smurf Toymaker to Creditors

Bloomberg5 days ago
By and Arno Schuetze
Save
Partners Group -owned Schleich is discussing a debt restructuring that could see the private equity firm hand over the keys of the German toy company to its creditors, people with knowledge of the matter said.
The firm's lenders, including credit firms Investec and H.I.G., are offering to inject €5 million ($5.8 million) of fresh capital to address its immediate liquidity needs, they said. Blackstone Inc. is also involved in the talks as it's managing some loans for other institutions, some of the people said.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Investor Hunger for Yield Drives S&P 500 Dividend Option Growth
Investor Hunger for Yield Drives S&P 500 Dividend Option Growth

Bloomberg

time15 minutes ago

  • Bloomberg

Investor Hunger for Yield Drives S&P 500 Dividend Option Growth

Investor demand for yield in the US is helping fuel growth in the market for S&P 500 Index dividend futures and options — a niche corner of the derivatives world where America has long trailed Europe. The contracts, which wager on cumulative dividend payments from companies in a gauge such as the Euro Stoxx 50 Index, have long been popular in Europe as a vehicle to speculate on corporate payouts and hedge long-term liabilities. Now the US is catching up.

Are Central Banks Ready for AI to Rewrite the Rules of the Economy?
Are Central Banks Ready for AI to Rewrite the Rules of the Economy?

Bloomberg

time15 minutes ago

  • Bloomberg

Are Central Banks Ready for AI to Rewrite the Rules of the Economy?

How will artificial intelligence reshape the global economy, central banking and financial forecasting? Larry Summers explains that AI could raise the neutral interest rate and productivity, while also introducing more uncertainty into economic modeling. Sascha Steffen of the Frankfurt School of Finance and Management adds that AI can dramatically improve forecasting accuracy and data frequency, but introduce new risks like systemic amplification, model bias and lack of transparency. (Source: Bloomberg)

Launch Announcement: DOT Miners Fast-Tracks Nasdaq Plans Amid Record User Contract Income
Launch Announcement: DOT Miners Fast-Tracks Nasdaq Plans Amid Record User Contract Income

Associated Press

timean hour ago

  • Associated Press

Launch Announcement: DOT Miners Fast-Tracks Nasdaq Plans Amid Record User Contract Income

London, UK, July 20, 2025 (GLOBE NEWSWIRE) -- Bitcoin cloud mining platform DOT Miners officially announced that it is actively preparing for Nasdaq listing. With strong user growth, stable contract income model and international compliance operation capabilities, DOT Miners said it has started internal architecture optimization and audit processes to lay the foundation for listing in the United States. DOT Miners is a technology investment company registered in the UK. It currently provides services to more than 5 million users worldwide. The platform uses a green energy-driven data center and supports global multi-currency mining operations, including mainstream cryptocurrencies such as BTC, ETH, USDT, BNB, XRP, LTC, SOL, etc. Contract drives platform growth and user income is considerable Against the backdrop of volatile market conditions, the cloud mining contracts provided by DOT Miners have become a popular choice for global investors. The platform automatically settles income daily through a transparent contract mechanism and returns all principal after the contract expires. The following are some typical contract examples: Investment: $100 | Cycle: 2 days | Daily income: $3.5 | Expiration income: $100+$7 Investment: $500 | Cycle: 7 days | Daily income: $6 | Expiration income: $500+$42 Investment: $5,100 | Cycle: 33 days | Daily income: $74.46 | Expiration income: $5,100+$2457.18 Investment: $10,000 | Period: 40 days | Daily income: $155 | Expiration income: $10,000+$6200 Investment: $155,000 | Period: 45 days | Daily income: $3255 | Expiration income: $155,000+$146475 Users only need to complete the registration to get a $15 mining bonus, and they can start their profit journey without any technical threshold. Why can DOT Miners approach Nasdaq? Global compliance: The platform is registered in the UK, fully complies with financial regulatory laws and regulations, and operates transparently; Technical scalability: Smart contracts + automated settlement systems can quickly adapt to regulatory market needs; Green infrastructure: European/African mines supported by 100% renewable energy, in line with ESG investment trends; Institutional capital endorsement: Obtained strategic investment from global mining giant Bitmain to enhance capital strength; Strong user growth: The number of global users has exceeded 5 million, and contract activity continues to grow. Future listing prospects DOT Miners said that the company is currently in preliminary consultation with a number of auditing agencies and investment banks on the listing path, including the possibility of listing through traditional IPOs or mergers with SPACs. The platform is also currently upgrading its governance mechanism and financial structure to prepare for the submission of the SEC S-1 application. A spokesperson for DOT Miners said: 'Our goal is not only to become the world's leading cloud mining platform, but also to make the entry point for blockchain value realization transparent, secure and accessible to everyone. Going public is an important step towards a long-term trusted brand.' About DOT Miners DOT Miners is a technology company dedicated to Bitcoin cloud mining. Headquartered in the UK, it provides contractual and automated digital asset mining services. The platform emphasizes environmental protection, compliance and stable returns, and actively participates in digital financial education and inclusive projects to promote the development of global crypto financial infrastructure. Official website address: Disclaimer: The information provided in this press release does not constitute an investment solicitation, nor does it constitute investment advice, financial advice, or a trading recommendation. Cryptocurrency mining and staking involve risks and may result in loss of funds. It is strongly recommended that you perform due diligence before investing or trading in cryptocurrencies and securities, including consulting a professional financial advisor. [email protected]

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store