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Stockreport

Everton Financing Considered by Cirque du Soleil Co-Chair's Firm [BNN Bloomberg (Canada)]

Ares Management Corporation Class A (ARES)  More Company Research Source: BNN Bloomberg
Last ares management corporation class a earnings: 2/13 06:00 am Check Earnings Report
US:NYSE Investor Relations: ares-ir.com
The investment firm is in discussions to offer debt financing to 777 Partners, which has been in long-standing talks to take over the struggling football club. GDA Luma is offering funds for 777 to continue funding Everton's new stadium and meet ongoing capital requirements, said the people, who asked not to be named discussing confidential information. New York-based GDA Luma is led by Gabriel de Alba, a veteran distressed investor and co-chair of Cirque du Soleil Entertainment Group. Its involvement follows a move by Everton's main financial adviser, Deloitte LLP, to find new backers to save the 777 deal. Representatives for GDA Luma and 777 declined to comment. Everton has a long list of creditors and debts of more than £500 million ($624 million). The club is building a brand new 53,000 capacity stadium at Bramley Docks in Liverpool. Sign up for Bloomberg's Business of Sports newsletter. Everton has held talks with restructuring advisers after 777 struggled to complete [Read more]

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Stockreport

Everton Financing Considered by Cirque du Soleil Co-Chair's Firm [BNN Bloomberg (Canada)]

Ares Management Corporation Class A  (ARES) 
Last ares management corporation class a earnings: 2/13 06:00 am Check Earnings Report
US:NYSE Investor Relations: ares-ir.com
The investment firm is in discussions to offer debt financing to 777 Partners, which has been in long-standing talks to take over the struggling football club. GDA Luma is offering funds for 777 to continue funding Everton's new stadium and meet ongoing capital requirements, said the people, who asked not to be named discussing confidential information. New York-based GDA Luma is led by Gabriel de Alba, a veteran distressed investor and co-chair of Cirque du Soleil Entertainment Group. Its involvement follows a move by Everton's main financial adviser, Deloitte LLP, to find new backers to save the 777 deal. Representatives for GDA Luma and 777 declined to comment. Everton has a long list of creditors and debts of more than £500 million ($624 million). The club is building a brand new 53,000 capacity stadium at Bramley Docks in Liverpool. Sign up for Bloomberg's Business of Sports newsletter. Everton has held talks with restructuring advisers after 777 struggled to complete [Read more]

IMPACT SNAPSHOT
EVENT TIME:
ARES
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
POST NEWS RANGE
%
PRICE CHANGE

PRICE CHANGE PERCENTAGE


S&P 500 (SPX)

%

VOLUME RATIO
%

VOLUME (SHARES)
TICKS

AVG SHARES PER TRADE

EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS