Elliott Eyes Bet on Pipeline Carrying Russian Gas
The U.S. hedge fund, headed by billionaire founder Paul Singer, is considering a stake in the Bulgarian extension of the TurkStream pipeline, along with access to a network of data centers, data cables and other infrastructure assets, according to people familiar with the matter.
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Barcelona open to sale for 19-year-old rising starlet
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ECB's Kazimir says big unexpected economic shift needed for September rate cut
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Bloomberg
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Ardagh Creditors Agree to Take Over Packaging Firm From Coulson
Ardagh Group SA has agreed with a debt restructuring which will see some of its creditors take control of the whole business from Irish billionaire Paul Coulson. Holders of $4.3 billion combined senior unsecured notes and payment-in-kind notes will swap their debt for equity, according to a press release published on Monday. The senior unsecured bondholders will own 92.5% of the equity following the transaction, while the PIK holders will get 7.5% of the shares.
