Billionaire investor and art collector Wilbur Ross tells CNBC that buying and selling art more often can be quite lucrative.» Read More
The Fed's "wildly accommodative" monetary policy risks triggering the next world financial crisis, market veteran Stephen Roach warned.
*Bank of Ireland shares down 3.2 percent. LONDON/ DUBLIN, June 10- U.S. billionaire Wilbur Ross sold his entire shareholding in Bank of Ireland for almost half a billion euros on Tuesday, to almost triple the value of a shrewd investment made at the height of the euro zone crisis.
*Bank of Ireland shares down 2.8 percent. LONDON/ DUBLIN, June 10- The sale by billionaire investor Wilbur Ross of his entire shareholding in Bank of Ireland was priced at 0.265 euros a share, Deutsche Bank, the placing's bookrunner, said in a statement. Deutsche Bank acted as sole bookrunner on the placement of Ross's 1.8 billion shares.
*FTSEurofirst 300 down 0.1 pct, Euro STOXX 50 down 0.2 pct. *Bank of Ireland sinks as Wilbur Ross sells stake. The pan-European FTSEurofirst 300 index was down 0.1 percent at 1,392.02 points at 0726 GMT, with the euro zone's blue-chip Euro STOXX 50 index down 0.2 percent at 3,299.54 points.
LONDON, June 10- European stocks paused early on Tuesday after a three-day winning streak fueled by a package of measures from the European Central Bank, with a key regional index seen as overbought on a technical basis.
LONDON, June 10- The sale by billionaire investor Wilbur Ross of his entire shareholding in Bank of Ireland was priced at 0.265 euros a share on Tuesday, a source familiar with the transaction said.
June 6- Shares of WL Ross Holding Corp, a special purpose acquisition company set up by billionaire Wilbur Ross, rose slightly in their market debut. The company said earlier on Friday that it raised $435 million after selling 43.5 million units for $10 per unit. Deutsche Bank Securities and BofA Merrill Lynch were the lead underwriters for the offering.
Private equity billionaire Wilbur Ross tells CNBC he's more likely to put money to work in Europe, after the ECB's interest rate move.
June 6- WL Ross Holding Corp, a special purpose acquisition company set up by billionaire Wilbur Ross, raised $435 million in an initial public offering of common units. The company said its offering of 43.5 million units was priced at $10 per unit. Deutsche Bank Securities and BofA Merrill Lynch were the lead underwriters for the offering.
Billionaire investor Wilbur Ross, WL Ross & Company chairman and CEO, discusses the launch of his publicly traded special purpose acquisition corporation, formed for the purpose of making acquisition.
Billionaire Wilbur Ross, who invests in distressed assets, weighed in on the ECB's move to negative interest rates.
NEW YORK, June 2- Private equity firms Warburg Pincus LLC and Vestar Capital Partners Inc are exploring an initial public offering of Triton Container International Ltd that could value the company at more than $6 billion, including debt, said three people familiar with the matter.
*Pvt equity has pumped $32 bln into shipping in past 2 yrs-fund mgr. SINGAPORE, May 9- The shipping industry faces a looming capacity glut as billions of dollars pumped into it by private equity have stoked a vessel-buying spree, threatening its prospects just as the sector is emerging from its worst downturn in three decades.
*Sector facing multi-billion-dollar funding shortfall. LONDON, April 17- Shipping companies are turning to equity markets to fill a growing funding gap, betting that investors hungry for decent returns will provide capital to a sector recovering from its worst downturn since the 1980 s. Avance Gas listed this week in Oslo.
ATHENS, April 15- International investors are to invest 1.3 billion euros in Eurobank to become the bailed-out Greek bank's biggest shareholders in another sign of growing market confidence in Greece.
Where some of the financial industry’s most powerful worked to help pay for college
Wilbur Ross says there is continued opportunity in Europe's financial sector.
Billionaire investor Wilbur Ross remains bullish despite an expected slowdown in China.
Wilbur Ross, WL Ross & Co. chairman & CEO, reveals where he is seeing the best investment opportunities in Europe and weighs in on comments written by Kevin Roose, New York Magazine, about the "one percent."
Feb 12- Shares of Talmer Bancorp Inc, backed by billionaire investor Wilbur Ross, rose as much as 7 percent in their market debut, valuing the U.S. bank holding company at about $971 million. Talmer's initial public offering raised about $203 million after its Class A shares were priced at $13 per share, near the lower end of its $12.50- $14.50 expected range.