Latest news with #LibbyCherry
Bloomberg
24-05-2025
- Automotive
- Bloomberg
Banks Hold Line as Hedge Funds Circle German Auto Suppliers
Welcome to The Brink. I'm Libby Cherry, a reporter in Frankfurt, where I'm covering distress in the European automotive supplier sector. We also have updates on a New York private school trying to stay afloat and an interview with Polus. Follow this link to subscribe. Send us feedback and tips at debtnews@ The restructuring of auto supplier Webasto this week gave some reassurance to players in a key German manufacturing sector that's being eyed up by distressed debt investors.
Bloomberg
01-04-2025
- Business
- Bloomberg
Private Equity's Pandemic Bets Unravel as Normal Life Returns
By and Libby Cherry Save Welcome to The Brink. It's Giulia Morpurgo in London and Libby Cherry in Frankfurt, where we looked at the unraveling of pandemic bets. We also have news on UK universities, Sunnova and J&J. Follow this link to subscribe. Send us feedback and tips at debtnews@ In March 2020, the first coronavirus-induced lockdowns altered everyday life dramatically.
Bloomberg
08-02-2025
- Business
- Bloomberg
Windhorst's Bond Trades Ensnared German Property Investor
Welcome to The Brink. I'm Libby Cherry in Frankfurt, where I looked at the connection between Lars Windhorst and German real estate tycoon Cevdet Caner. We also have news on hedge fund Fir Tree and Ukrainian bonds. Follow this link to subscribe. Send us feedback and tips at debtnews@ Aggregate Holdings, the Germany-focused real estate company helmed by tycoon Cevdet Caner, was one of the emblematic victims of rising interest rates. Formerly known for its string of properties on Berlin's shopping boulevard Kurfurstendamm, it slowly lost prized asset after prized asset to creditors before collapsing in court-supervised restructuring proceedings.
