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In a photo released Sept. 21, 2022, Interpol Venezuela said it captured Malaysian fugitive Francis Leonard Glenn, known as Fat Leonard. Interpol Venezuela | AFP | Getty ImagesSince escaping two weeks ago, officials say the fugitive Malaysian defense contractor nicknamed "Fat Leonard" — who orchestrated one of the U.S. Navy's largest bribery scandals — zipped between countries to find a place where he could become virtually untouchable for American authorities. Francis was planning to travel to Russia, according to Interpol Venezuela Director General Carlos Garate Rondon, who disclosed the arrest in a statement posted Wednesday on Instagram. Among those he befriended was a Russian diplomat, Francis told podcaster Tom Wright, who created a nine-part series on the case. The official said Francis later told authorities his final destination was Russia.
It is the largest office REIT in Asia by area. Shares in the Embassy REIT closed at 354.42 Indian rupees on Friday in Mumbai, giving it a market capitalisation of $4.15 billion. Blackstone currently has a 32% stake in the Embassy REIT and at the current market value the proposed sale by Blackstone would represent 7.2% to 9.6% of its stake, according to Reuters calculations. ADIA INTERESTADIA is likely to pick up about $200 million of Blackstone's stake sale, with talks also ongoing with other possible investors, the first source said. For ADIA, the investment would expand its interest in the Indian office market.
Bank of Italy clears Benetton-Blackstone's bid for Atlantia
  + stars: | 2022-09-21 | by ( ) www.reuters.com   time to read: +1 min
The logo of Italian infrastructure group Atlantia is seen outside its headquarters in Rome, Italy, October 5, 2020. REUTERS/Guglielmo Mangiapane/File PhotoMILAN, Sept 21 (Reuters) - The Bank of Italy has cleared a multi-billion euro buyout bid for infrastructure group Atlantia (ATL.MI) proposed by the Benetton family and U.S. fund Blackstone , the two bidders said in a statement on Wednesday. read moreThe bid heralds a new phase for Atlantia which sold its domestic motorway unit earlier this year to draw a line under a political dispute sparked by a deadly bridge collapse in 2018. The Benetton family, which already owns 33% of Atlantia, and Blackstone need to get the final go ahead from Italy's market watchdog Consob before they can launch the bid on the stock market. The proposed bid needed Bank of Italy's greenlight because the central bank oversees some activities of Atlantia's digital toll payment unit Telepass.
One former Apollo executive couldn't wrap his mind around how the firm got investors onboard with Harris' personal activities. One advisor to Harris' family office said there would be an internal conversation every year to ensure the proper expense allocations. Several former Apollo employees, however, said other Apollo executives were concerned about Harris' use of firm resources. Few if any sources Insider spoke with expected much to change in how private-equity executives managed their personal investments. The lawyer said that the documents often state that a firm's executives will dedicate "as much time as reasonably necessary" to managing their investments.
Two sources close to Trump say he is annoyed at the attention DeSantis is getting. Last week, DeSantis sent planeloads of migrants to Martha's Vineyard as a political stunt. Specifically, Trump was concerned about the political stunt DeSantis pulled last week, when he chartered two planes to bring 50 migrants to Martha's Vineyard. For his part, DeSantis claimed the migrants flown to Martha's Vineyard "hit the jackpot" and said he plans to continue flying migrants out to other states. Trump suspects DeSantis timed the Martha's Vineyard stunt to boost his profile among GOP voters, per Rolling Stone's sources.
Customer management startup Catalyst raised a $20 million round, partially from its own customers. Here's the pitch deck Catalyst used for this $20 million strategic funding round. Customer management startup Catalyst wasn't looking to raise funding. The result was a $20 million non-traditional round with participation from 20 execs or leaders from companies in their customer base. Here is the pitch deck Chiu used to convince customers and key investors to invest.
The DOJ is investigating if Trump violated three federal laws related to his handling of national security information. Soon after, it surfaced that the Justice Department is investigating whether Trump violated three federal laws related to his handling of national security information and classified documents. The House select committee running a parallel congressional investigation into the siege has sought to build the case that Trump violated at least five federal laws connected to his efforts to overturn the 2020 US election. Here's a breakdown of the eight federal laws that Trump may have violated:The Espionage ActThe DOJ is investigating if Trump violated a key facet of the Espionage Act relating to the removal of information pertaining to the US's national defense. Concealment, removal, or mutilation of recordsThere are two other laws Trump is suspected of violating in connection to his handling of government documents.
Some natural wonders around the world look like they've been edited with Photoshop. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementSome natural wonders may seem too extraordinary to be real, but their colors and shapes occur in the wild — no photo editing software necessary. Here are 15 places around the world that stand out for their beautiful, natural colors.
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Private equity is a rewarding but challenging field to break into. Here is what we found about pay at private equity firms, including Blackstone, Apollo, and Bain Capital. Private equity recruiting has been starting earlier than ever Getty ImagesPrivate equity firms like to recruit from investment banks. These days, the private equity recruiting process has started earlier than ever, and it's resulting in middle-of-the-night interviews with offers being made — and blown up — all before Labor Day. General Atlantic managing director Alex Crisses walked Insider through the growth-equity investment firm's elite summer souring internship.
Persons: Jeffrey Hamilton, Alyssa Powell, Blackstone, Samantha Lee, Drew Angerer, Skye Gould, Jon Gray, Grace Koo, Read, Sara Diniz, Carlyle, Alex Crisses, Thoma Bravo, , Warburg Pincus, Wharton's, Axel Springer Organizations: Blackstone, KKR, Morning, Getty, Apax Partners, Oaktree, of Foreign Labor, Apollo, Bain Capital, Labor, KKR KKR, General Atlantic, PJT Partners, Partners, dealmakers, Wall, University of Michigan Locations: Carlyle, Blackstone, Axel
One of the sources said the bid could be announced before Saturday, as the two partners rush for taking the Italian infrastructure group private after an unsolicited approach by a consortium led by Global Infrastructure Partners (GIP) and Brookfield. Benettons' holding company Edizione, which controls Atlantia with a 33% stake, and Blackstone are expected to set up a new company that will launch the offer for the infrastructure group, the sources said. In March, GIP, Brookfield and Spain's ACS (ACS.MC) approached the Benettons with a proposal to buy the infrastructure group, they said last week. "Edizione and Blackstone are not currently discussing any plan to involve GIP and Brookfield in their bid," one of the sources said. CRT declined to comment; GIC, Global Infrastructure Partners and Brookfield was not immediately available to comment.
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