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Headlines
Apollo’s Ingenico Starts Talks With Lenders on ‘Untenable’ Debt
French payments firm Ingenico, backed by Apollo Global Management, has started debt talks with creditors as it struggles to keep up with its interest bill, Bloomberg News reported. The company is working with Rothschild as a…
Statistics Canada Reports Retail Sales up 0.7 Percent at $72.1B in February
Retail sales rose 0.7 per cent to $72.1 billion in February as sales at new and used car dealers climbed, Statistics Canada said Friday, the Canadian Press reported. TD Bank economist Maria Solovieva said consumers delivered…
Property Billionaire Warns of Data Centre Selloff as Debt Swells
A global wave of mergers and acquisitions is looming among private equity-backed data-centre companies as their debt burdens become unmanageable, said Greg Goodman, chief executive of Australian industrial property giant Goodman…