LBO

BRG Consulting Firm Hit by Cyberattack as Debt Sale Emerges for LBO

24 days ago

BRG, a prominent consulting firm, has recently faced a significant cyberattack, coinciding with its ongoing efforts to secure a debt sale to support a leveraged buyout (LBO). This incident raises concerns about the potential implications for the firm's financial strategies and operational integrity, particularly as they navigate the complexities of securing investor interest amidst such challenges.

Detroit Suburb Revives Municipal Sale Efforts After Previous Setback

1 month ago

In a significant turn of events, a suburban area of Detroit is once again attempting to proceed with the sale of municipal bonds after a previous deal faced a distressing setback due to fraud. This announcement comes as local officials and investors are eager to move forward from the temporary derailment of their financial plans.

BlackRock Pioneers Municipal Bonds with Blockchain-Backed ETF

4 months ago

In a groundbreaking move within the financial sector, BlackRock has officially made its debut in the municipal bonds market through a newly launched exchange-traded fund (ETF) that utilizes blockchain technology. This innovative approach not only aims to streamline the trading process but also sets a significant precedent for how municipal bonds can be issued and managed in the future.

Watches of Switzerland Shares Surge on Positive Demand Signals

4 months ago

In a notable boost for the luxury watch retailer, Watches of Switzerland Group has witnessed a significant increase in its share prices as indications of an upward trend in consumer demand become apparent. The company, which specializes in high-end watch brands, reported a sharp rise in its stock, reflecting optimism in the market concerning economic recovery and luxury spending.