Paying for the Caesars empire

Paying for the Caesars empire

About 10 years ago, two legendary private equity firms, Apollo Global Management and TPG, teamed up to carry out a leveraged buyout of one of the biggest and most iconic gaming companies, then known as Harrah’s. They financed the purchase by taking advantage of Harrah’s real estate. Now, an obscure regional casino group out of Reno, Nevada is set to scoop up what has become the Caesars Entertainment empire in a deal that is making use of a pretty similar kind of financing. The FT’s Sujeet Indap tells the story.

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Episoder(319)

The hunt for Fox

The hunt for Fox

Rupert Murdoch built a global media empire across newspaper, television and film companies. Why is now the time for him to sell many of the 21st Century Fox assets? And which media or telecoms giant w...

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The economic crisis in Argentina explained

The economic crisis in Argentina explained

After Mauricio Macri came to power in 2015, international investors poured money into Argentina's hundred-year bond with the hopes that the centre-right leader would stabilise the economy after years ...

29 Mai 201817min

The dark side of fast fashion

The dark side of fast fashion

Some big name fast fashion retailers are sourcing their inventory closer to home in order to get the latest pieces into the hands of their shoppers fast. But how is it possible such labour intensive p...

22 Mai 201819min

How WeWork really works

How WeWork really works

The co-working and office providing company set out to create the office of the future and has caught the attention of big investors, including SoftBank's Vision Fund. Will office subleasing open the ...

15 Mai 201819min

How beauty is beating the rest of retail

How beauty is beating the rest of retail

Record numbers of bankruptcies and store closures have devastated the retail sector. So why is the beauty market thriving? Will the likes of Sephora and Ulta be able to ward off Amazon? With guests Mo...

8 Mai 201817min

What happened at Qualcomm?

What happened at Qualcomm?

The Trump administration blocked chipmaker Broadcom's bid to acquire rival Qualcomm on the grounds of national security. But how did the San Diego-based company become the target in the first place? A...

1 Mai 201818min

Coming soon

Coming soon

A weekly podcast from the Financial Times that digs into the big business and financial stories in the news. Behind The Money starts Tuesday, May 1. Hosted on Acast. See acast.com/privacy for more i...

24 Apr 20181min

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