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Stock Market & Financial Investment News

News Breaks
February 13, 2014
08:00 EDTFIG, NMRFortress repurchases 60.6M Class A shares from Nomura for $363.4M
Fortress Investment Group LLC (FIG) and Nomura Holdings (NMR) announced that Fortress has repurchased Nomura's 12% ownership stake for $363.4M, or $6.00 per share. In conjunction with the transaction, the companies have recommitted to a strategic and mutually beneficial business relationship that has supported Fortressís significant expansion in Asia since 2006.
News For FIG;NMR From The Last 14 Days
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October 21, 2014
09:01 EDTFIGOmnisure announces sale to Fortress, affiliates
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October 10, 2014
18:46 EDTFIGFortress looking for $4B to acquire distressed debt, Bloomberg reports
Fortress Investment is seeking approximately $4.3B to buy distressed debt from around the world, Bloomberg reports, citing people familiar with the matter. The firm is looking for a $2B private-equity structured credit fund with the rest of the balance coming from managed accounts that will invest alongside the deals, two people familiar with the plans added. Reference Link
October 9, 2014
05:52 EDTNMRNomura the long-term issuer rating upgraded by Moody's
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