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RXO Agrees to Buy UPS Unit Coyote Logistics for $1 Billion

<-rte-company state="{"_id":"00000190-4673-d497-a7fb-ee7fc0250000","_type":"00000160-4b23-d8bd-adfd-4b3348fd0000"}">RXO Inc. has agreed to buy United Parcel Service Inc.’s asset-light freight brokerage business, <-bsp-bb-link state="{"bbHref":"bbg://securities/4700921Z%20FP%20Equity","_id":"00000190-4673-d497-a7fb-ee7fc0250002","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Coyote Logistics, for more than $1 billion.

OQ Chemicals to Start Sales Process After Cutting Lender Deal

The Omani owner of <-bsp-bb-link state="{"bbHref":"bbg://securities/3295333Z%20GR%20Equity","_id":"00000190-459d-d497-a7fb-ed9d84070000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">OQ Chemicals GmbH is set to kick off a sales process for the business after the company reached a short-term financing deal with lenders, according to a person familiar with the matter.

Apollo and Platinum Bid for Package Firm Evri, Sky News Reports

Apollo Global Management Inc. and Platinum Equity LLC are among bidders for UK package delivery company Evri Ltd., Sky News <-bsp-bb-link state="{"bbDocId":"SFJ6VMMB2SJL","_id":"00000190-4538-d497-a7fb-ed3dc2b00000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">reported citing unnamed sources.

Credit’s Strong Run Stumbles in First This Year: Credit Weekly

Global <-bsp-bb-link state="{"bbHref":"bbg://news/topics/CMW","_id":"00000190-43f3-d497-a7fb-efffc2960000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">corporate bonds are on track for their worst month since late last year by one measure, reigniting the debate about the relative value of credit versus other fixed-income classes.

Blackstone in Advanced Talks to Buy Stake in ATG, Sky Reports

Blackstone Inc. is in advanced talks to buy a minority stake in the<-bsp-bb-link state="{"bbHref":"bbg://securities/635796Z%20LN%20Equity","_id":"00000190-3fad-d497-a7fb-ffadb1990001","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Ambassador Theatre Group from Australian entertainment firm <-bsp-bb-link state="{"bbHref":"bbg://securities/1367332D%20AU%20Equity","_id":"00000190-3fad-d497-a7fb-ffadb1990002","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">TEG Pty Limited, according to Sky News.

RedBird IMI Starts Official Sale of Telegraph and Spectator

<-bsp-bb-link state="{"bbHref":"bbg://securities/2214044D%20US%20Equity","_id":"00000190-3f44-d497-a7fb-ff4d6a0d0000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">RedBird IMI has started a formal process to sell the Telegraph newspaper and the Spectator magazine after plans to take control of the two media companies fell apart.

US Lawmakers Visit Ailing Binance Executive in Nigerian Jail

Two US lawmakers who visited a jailed <-bsp-bb-link state="{"bbHref":"bbg://securities/1624796D%20CH%20Equity","_id":"00000190-3bd5-d497-a7fb-ffdd83420000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Binance Holdings Ltd. executive in Nigeria said he is in poor health and asked the American embassy to seek a humanitarian release even as local authorities press on with a fraud trial against him.

Millennium in Talks to Raise Billions of Dollars in New Capital

<-bsp-bb-link state="{"bbHref":"bbg://securities/2878538Z%20US%20Equity","_id":"00000190-3ba4-d497-a7fb-ffadcd1f0000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Millennium Management is planning to raise new cash equivalent to about 10% of its $68 billion in assets as the multistrategy hedge fund giant looks to bolster its ability to access capital when needed.


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