Elena Ambrosiadou, co-founder of Ikos Asset Management Ltd., won a U.K. court case brought by her estranged husband, Martin Coward, over who owns the computer software that runs the hedge fund’s trading platform.
Google Inc. shares rose to a record after the company unveiled a subscription music-streaming service and overhauled its online maps, part of several product updates aimed at attracting more users and advertisers.
Warner Music Group Corp., the third- largest music content company, lowered the rate on a $820 million loan to support its acquisition of Parlophone Label Group and is seeking to lower borrowing costs on an existing $492 million of debt.
Warner Music Group Corp., the third-largest global music content company, is seeking $820 million in loans to support its acquisition of Parlophone Label Group and for general corporate purposes, according to a person with knowledge of the transaction.
Bausch & Lomb Inc., the maker of eye-care products owned by Warburg Pincus LLC, is refinancing $2.9 billion of loans to lower borrowing costs. HCA Holdings Inc. is seeking additional loans to refinance debt.
For potential bidders circling EMI Group Ltd., the takeover of Warner Music Group Corp. may have doubled the price tag for the money-losing music label that was seized by its creditor just six months ago.