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Elliott Management Considering $18.5 Billion Deal With Oncor

Elliott Management Considering $18.5 Billion Deal With Oncor

The largest creditor of the bankrupt parent of Oncor Electric Delivery Co, Elliott Management, said it was putting together an offer that values the utility at about $18.5 billion, including debt.On Friday, Warren Buffet’s Berkshire Hathaway (..

After Stocks, It's Now Bonds That China Will Push For Global Approval

After Stocks, It's Now Bonds That China Will Push For Global Approval

China has been working hard to open its markets to the global investors and the Asian economy has been making big strides in this direction already. The move to get its stocks to feature in the key market benchmarks has already been a resounding suc..

Goldman Sachs Selling Controversial Venezuelan Bonds to Hedge Funds

Goldman Sachs Selling Controversial Venezuelan Bonds to Hedge Funds

Goldman Sachs Group Inc. (NYSE: GS) asset Management acquired over $2.8 billion of controversial Venezuelan bonds involving the central bank of the company last May, and is now in the process of unloading them. In recent days, the company has s..