St. James’s Place Plc is winding down three UK property funds managing a total of £1.84 billion ($2.3 billion), a year after halting client redemptions during a wider commercial real estate downturn.
Veritas Capital is looking to reduce its stake in a private credit loan that financed Thoma Bravo’s buyout of Medallia Inc., according to people with knowledge of the matter.
Altice International lowered its earnings outlook for the year as Patrick Drahi’s embattled telecommunications empire continued to see parts of the business deteriorate.