Univision Communications Inc., the Spanish-language broadcaster taken private by a group including Madison Dearborn Partners LLC in 2007, more than doubled the size of bank debt on which it’s seeking to lower rates, according to a person with knowledge of the deal.
El Al Israel Airlines Ltd. advanced the most in more than a month amid press reports investors, including entertainment mogul Haim Saban, are interested in acquiring a controlling stake in the country’s flagship carrier.
Saban Capital Group Inc., the private- equity firm of Univision Communications Inc. Chairman Haim Saban, wants to triple its investments in Asia over the next two years focusing on media and communication.
Leaders of several Jewish and pro- Israel groups briefed on the Iran nuclear agreement by the Obama administration indicated they’re willing to give it time before pressing for new sanctions against the Iranian regime.
Saban Capital Group, U.S. billionaire Haim Saban’s private-equity firm, opened its first Asian office in Hong Kong and plans to invest “a significant” amount of capital in the region, said the company’s president.
Standing beneath an Alexander Calder mobile in an atrium filled with modern art, President Barack Obama said he’d like to “roam around a bit and check stuff out” in the home of former Microsoft executive Jon Shirley.
Bank Leumi Le-Israel Ltd. rose to the highest in almost a month after a local website reported investor Haim Saban and outgoing Leumi Chief Executive Officer Galia Maor may acquire a stake in the bank. The bank denied the report after the close of trading today.
Saban Capital Group, led by U.S. billionaire Haim Saban, bought a 5 percent stake in Indonesia’s PT Media Nusantara Citra for 692 billion rupiah ($78.2 million) in its first investment in the Southeast Asian country.