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Ares Management

BT acquires TalkTalk debt-free from administration in £400m rescue

BT Group has acquired TalkTalk's consumer and wholesale businesses out of administration on a debt-free basis, committing to an estimated £400m cash impact this financial year as one of Britain's largest telecoms restructurings moves abruptly from creditor negotiations to rescue...

#administration#Ares Management#BT Group

Ares closes US$8.2bn of direct lending commitments in second...

Ares Management’s credit funds closed approximately US$8.2bn of US direct lending commitments across 69 transactions during the second quarter of…

#acquisition finance#Ares Credit#Ares Management


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