Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

Oaktree’s Deal to Buy A-Cap Insurer Crumbles, Spawning New Talks

Oaktree Capital Management’s agreement to take over a life insurer owned by Advantage Capital Holdings has collapsed, leaving the companies to discuss alternatives after regulators raised alarms over the business’s potential exposure to defunct investment firm 777 Partners.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

More in Finance & Markets

Why Applied Optoelectronics Stock Plummeted This Week

When the Broadcom CEO talks, investors tend to listen.

  • Applied Optoelectronics shares dropped 23.6% week-over-week
  • Tech giants may cut optical hardware spending, causing concern
  • 99% of revenue from few top customers, raising vulnerability

More from Friday 16 October →