Fortress Biotech (FBIO) news

Fortress's McKnight: Private credit has performed well for LPS

Fortress Investment Group has highlighted the strong performance of private credit strategies for limited partners (LPs), according to recent commentary from the firm. The firm’s direct lending initiatives have demonstrated resilience across varying economic and credit cycles, with a focus on…

Ocado sales up 12.4% in 12 weeks to October 4 year-on-year, says Worldpanel

Tesco CEO: Declines to comment on speculation of possible bid for Majestic Wine

Tesco CEO Ken Murphy has declined to comment on recent speculation surrounding the supermarket giant’s potential interest in acquiring Majestic Wine Group, a leading UK wine retailer. Reports suggest Tesco is among the bidders considering a takeover, following a formal sale process initiated by…

Fitch affirms Fortress' long-term IDR at 'BB'; outlook stable

Fitch Ratings has affirmed Fortress Investment Group's long-term Issuer Default Rating (IDR) at 'BB', with a stable outlook, reflecting the firm's ongoing operational performance and risk profile. The rating action underscores Fitch's assessment that Fortress maintains adequate liquidity and…

Ancora: Obtained a "highly confident" letter from Fortress Investment Group related to debt financing for H.B. Fuller acquisition

Ancora Holdings Group, LLC has reportedly obtained a "highly confident" letter from Fortress Investment Group regarding debt financing for its proposed acquisition of H.B. Fuller Company’s Building Adhesive Solutions (BAS) business. This development adds clarity to Ancora’s financial backing for…