Chris Hughes

1 week ago | bloomberg.com | Chris Hughes

Market impact. (Bloomberg Opinion) -- KKR & Co.’s recent deal for a struggling UK real estate firm was initially remarkable for landing in the midst of the American tariff turmoil. Now facing a domestic counterbid, this US-led buyout has become an emotive symbol of the London stock market’s capitulation to private equity and foreign bids. The odds may be stacked against the English interloper. But the situation has the feeling of an Agincourt moment for the UK market.

2 weeks ago | bloomberg.com | Chris Hughes

A sign outside an SFR mobile phone and telecom store, operated by Altice France SA in Paris, France, on Tuesday, Aug. 8, 2023. French-Israeli tycoon Patrick Drahi said he sees "no impact whatsoever" on Altice group from a corruption investigation in Portugal focused on key figures connected to his telecommunications empire. (Bloomberg Opinion) -- Patrick Drahi is on a roll.

3 weeks ago | bloomberg.com | Chris Hughes

Charter operates under the Spectrum brand. (Bloomberg Opinion) -- The rainmakers have worked their sorcery. A drought in big-ticket mergers and acquisitions is ending with a downpour. Charter Communications Inc. had previously telegraphed its appetite to acquire assets in its cable industry backyard. But Friday’s serving of a $34.5 billion deal for closely held peer Cox Communications is still a sizable move even for a buyer with an enterprise value of around $160 billion.

3 weeks ago | bloomberg.com | Chris Hughes

The future UK base of HSBC in the City of London.. (Bloomberg Opinion) -- If only Europe could offer property investors the kind of buffet the US provides. For now, its listed real estate sector is fragmented and dysfunctional, the  seemingly to create cheap takeover targets for buyout firms. But Europe could have real estate stocks that even US investors want to buy — and a sector that private equity firms can add to rather than shrink.

3 weeks ago | advisorperspectives.com | Chris Hughes

If only Europe could offer property investors the kind of buffet the US provides. For now, its listed real estate sector is fragmented and dysfunctional, the raison d’etre seemingly to create cheap takeover targets for buyout firms. But Europe could have real estate stocks that even US investors want to buy — and a sector that private equity firms can add to rather than shrink. The transatlantic divide in real estate stocks is embarrassing. New York-listed Prologis Inc.