ACQUISITION OF FORTRESS INVESTMENT GROUP BY SOFTBANK

In the business realm, acquisitions in most cases make a lot of sense. For instance, investment organizations frequently purchase other firms that deal with investment to continue expanding and growing their portfolios bases. However, acquisitions make less sense to those who are not part of it, but to the involved parties, it provides a great deal and value. That is without a doubt the case with regards to Fortress Investment Group acquisition by SoftBank. The 3.3 billion dollars agreement that was affirmed by the shareholders of Fortress in 2017 July became official in 2017 December. The puzzle that surrounds this purchase is why a company like SoftBank, which concentrates on internet startups and tech would decide to acquire an investment firm like Fortress.

The deal amongst Fortress Investment Group and SoftBank bodes well when you look into the histories of both organizations. Both companies have been reliably searching for new territories to venture into. The two organizations have persistently demonstrated enthusiasm for rebranding their businesses for quite a long time. SoftBank was established in 1981 by Masayoshi Son as a wholesaler of PC software. Currently, the organization has stakes in over four hundred firms providing an assortment of administrations, including tech-services, broadband, internet, fixed-line telecommunication, and e-commerce. Through purchasing Fortress, SoftBank has strongly shown its interests of finally being among the most significant companies dealing with investment around the globe.

Fortress Investment Group has always demonstrated its readiness to change and adapt in order to remain aggressive in the market. In 1998 Fortress Investment Group was established by co-chair Wes Edens and Randy Nardone the CEO in the city of New York. Over the years the company has developed itself around investment in private equity, real estate and in hedge funds. Today, the firm oversees over forty billion dollars of resources, and it is relied upon to keep on working that way. A team of investors was looking for a firm to purchase, which would enable SoftBank to move in its real direction of turning into the best international investment organization. The team realized for that to come to pass they needed a structured institution, the one that would encourage essential venture exercises like compliance, investor relations, and trading. Fortress turned out to be that firm. Fortress will keep on working as before, and its executives will continue serving on the board of the company. By purchasing Fortress, Softbank looks to accomplish a framework that will push it to become a renowned investment company within a short period.

Dick Devos Looks to Revitalize Grand Rapids

In the 1970’s Dick Devos learned a valuable lesson about building sports and convention arenas in downtown areas. The Pistons and the Lions both did this in Detroit, in his home state of Michigan. When they left the city for a number of years, it destroyed the economy of the area and left tax payers with a bill they simply couldn’t foot.

 

Many point to this series of events as one of the catalysts to the poor living conditions that many Detroit natives have suffered over the years. So when a proposition came up to do something similar in Grand Rapids a few years ago he worked with other leaders in the area to stop it. It was shot down in the Republican majority house. But that wasn’t the end of it.

 

Dick Devos decided that he wanted to build something that would provide actual value to the community. So with his group called Grand Action he devised a plan to build new hospitals and schools along downtown Grand Rapids, changing the skyline forever.

 

Now, Dick is the head of the board of the FAA which advises on long term policy matters and strategy. He does this in addition to running his company, Windquest, a holding company. Through his business and philanthropy, he has always put the community first.

 

Dick and Betsy Devos have given over $1 billion in charity to various causes over the years. Education has always been a big priority for them. They have consistently advocated for charter schools. These are publicly funded schools, like traditional schools. However, parents can receive tax vouchers to send their children to the schools of their choice.

 

This charter school concept has been shot down many times by voters, but the Devos family is not giving up. Now, with Betsy as the Secretary of Education, the couple hope to give power back to the students and parents with regards to education.

 

The couple gave $90 in 2013 to education, community services, churches, and social programs. This included everything from helping people get basic shelter to getting employment in a short period of time.

 

Dick has already helped Michigan become a right-to-work state for other industries. With a new aviation charter school in western Michigan already up and running, it is clear that he has no intentions of slowing down his educational aims for his city. Only time will tell, but it appears that he plans to give more than just money to these causes.

 

Read http://dickdevos.com/news/ to learn more.

Everything To Know About Fagali- What Attractions Are There?

Are you looking for an amazing place to visit during a vacation? Do you have any destination in mind? If not, why worry, you can try Fagali. It is an island that harbors some of the extraordinary and amazing attractions that you can dream of during a vacation. It is located in the coast of Upolu in the Samoa Island. The city is also about 5 kilometers south-east of Apia, the capital city of Samoa. This is means that it is easy to access your destination of choice thanks to easy access to the best means of transport.

There is a lot to enjoy when you visit the island. However, it is wise to consult widely or seek guidance on areas to visit while in Samoa according to world-airport-codes.com. If you are an aggressive traveler, you will find a wide range of activities, events, and places that will appeal to you on your first visit to the island. It does not matter whether you are on a vacation with your family, colleagues or friends, you will not fail to find an attraction that satisfies your needs.

Read more on yr.no

You can start by visiting the amazing and sophisticated The Deck restaurant. Visiting this restaurant will set your mood right away. It serves some of the greatest food varieties in Fagali and presents visitors with a wonderful view of other attractions in the city. Besides the good food and refreshment available at The Deck restaurant, you will also enjoy the company of welcoming and charming staff members.

Samoa history is rich and its culture is one of a kind. No visitor will fail to attend the Fiafia Night according to encontreomedico.com.br. Fagali’s nightlife is distinctive and ideal and you will enjoy great performances from talented Samoan artists. Most of the clubs in the city offer live music and you will not even realize how quick the night fades.

Besides visiting the best nightclubs in Fagali, you can also go snorkeling or scuba diving. All you need is to find s local expert and consult widely. Your tour guide will help you find the best instructor and enjoy safe and fun experiences. Other attractions in the island include yoga hiking, Samoa turf and surf among others. It does not matter the kind of entertainment you are looking for, Fagali offers everything you need. Book your trip today and in advance and have fun.

Find more about Fagali Airport: https://www.radionz.co.nz/international/pacific-news/211817/samoa-air-gets-green-light-to-use-fagali’i-airport.

DAMAC Owner Hussain Sajwani Focuses on his Legacy

When Hussain Sajwani was growing up, he had the example of his father, an enterprising merchant, to admire. Now it is his turn. When his four children look up at him, they see a titan of industry. Mr. Sajwani, a billionaire property developer, is according to Forbes magazine one of the wealthiest people in the world. His fortune is estimated to surpass $4 billion.

It was only a few decades ago that Hussain Sajwani was a young college student. He was granted a scholarship by his government to study in the United States. He attended the University of Washington, where he earned a degree in industrial engineering and economics.

In 1981 Mr. Sajwani began his career with a position in the finance department at Abu Dhabi Gas Industries. Two years passed before he would strike out on his own, establishing a catering business. He managed to land the U.S. military and Bechtel as clients, and his business boomed. Today that business continues to operate. Nowadays it goes by the name of Global Logistics.

According to Albayan, the success of Global Logistics allowed Mr. Sajwani to invest in real estate development. Thus DAMAC came to be. As property developers go, DAMAC is very special. DAMAC owner, Hussain Sajwani, spares no expense. His properties are among the most opulent in the world. The company owns developments across the Middle-East and has invested £600 million in a signature project in London.

Besides his real estate investments and the hugely successful Global Logistics, Mr. Sajwani is also in the construction materials business. DICO Investments, his holding company, manages his equity positions. His portfolio is nearly as impressive as are DAMAC’s assets.

DAMAC owner, Hussain Sajwani, is equally committed to giving back to society. He has accomplished this admirably through the efforts of the DAMAC Foundation. The foundation is an earnest sponsor of the Emirati governments ‘One Million Arab Coder Initiative.’ The program is designed to provide marketable skills to a million young Arabs in the UAE and elsewhere. Undoubtedly, Mr. Sajwani’s legacy will be difficult to surpass.

Read this: hussainsajwani.com/ar/business-portfolio/

The Influential Life And Achievements Of Hussain Sajwani

Over the years, the real estate industry has experienced great positive changes with new brands and innovative property development ideas opening up opportunities for the entrepreneurs to venture into the business. Hussain Sajwani is one of the prominent businessmen and a great investor in the real estate development. In fact, he is one of the pioneers of property market expansion in Dubai.

The renowned property developer was born in 1956 in the United Arab Emirates. He graduated in 1981 with a Bachelor’s Degree in Economics and Industrial Engineering from the University of Washington. Like most fresh graduates, Hussain started his career as an employee at GASCO Company, where he served as a Contract Manager shortly after graduating. His entrepreneurial spirit, which he had developed at a tender age, led him to establish his first venture after working for GASCO for a short duration. Hussain started with food service business. The small entity attracted a great number of clients, mostly those who were working in the oil companies, US military officers, and construction giants like Bechtel. From the humble beginning, the catering venture expanded to become a market leader.

Following the decree that was given by Dubai government to allow foreigners to own properties in the Emirates, Hussain took advantage of the situation and started a real estate development firm called DAMAC in 2002. Hussain is currently the Chief Executive Officer and Executive Chairman of DAMAC Properties. The firm has come a long way. Hussain started purchasing land in undeveloped parts, initiating property development projects, and later selling them at a profit. Due to his effective approach, he managed to sell 38 units in less than six months.

Currently, the company is known all over for developing diverse types of luxury structures in collaboration with other reputable companies. The company’s shares have traded well in Dubai and London Stock Exchange Market. In addition, Sajwani has also established other companies like Al Amana Building Materials, Al Anwar Ceramics, and Al Jazeira services.

Despite his numerous roles, Hussain is a proud father who likes spending quality time with his family. He also participates in charitable endeavors and he has established a charitable division of DAMAC with the aim of helping the underprivileged in the society

Article source: https://www.eremnews.com/news/arab-world/gcc/906780

Steve Ritchie Apologizes

Inc.com posted an article on Papa John’s CEO, John Schnatter, apologizing to his customers. Previously, Schnatter blamed a decline in sales on the National Football League (NFL) being unable to conclude their protest involving the national anthem. Following this Schnatter used a rational slur on a conference call, unsurprisingly this only pushed more negative press to Schnatter.

Steve Ritchie; Papa Johns other CEO, came up with a way to help mend the situation. He sent multiple letters to customers apologizing for the recent events and explained that these events; especially the racial slur, would not be tolerated by the company. Acknowledging that an apology may not turn people around, Steve Ritchie went on to describe what was being done to better the company as a whole. One of these actions involves bringing experts that don’t have an affiliation with Papa John’s to audit the company on their culture, diversity, and inclusion practices. There will also be senior management listening to employees directly and using that feedback to improve the company. Lastly, Steve Ritchie Papa John’s made a promise that transparency is key and that they want to be held accountable for what has transpired.

This letter that Steve Ritchie sent out to customers shows more compassion and is quite a bit clearer than the statement that was placed on the Papa Johns website. As per nrn.com, leading the consumer to assume that Ritchie realized this error and tried to rectify the issue in a slightly more personal matter in the form of letters. The article goes on to explain that the vulnerability on wanting to be held accountable and the empathy helped show sincere regret and that while Ritchie was empathetic about the situation, made sure to state that his own views differed from Schnatters and that he would personally lead the effort to address the issues on diversity and inclusion that have come forth. So, while the first letter on the website didn’t hold much in terms of sincerity or empathy, the second letter helps to overlook the slight due to the quick adjustments made through the second letter customers received. Read this article about Ritchie’s promotion.

Visit this website: https://www.bloomberg.com/research/stocks/people/person.asp?personId=116958187&privcapId=325388

Juan “OG” Perez’s 50th Birthday Party Gets the Royal Treatment

Juan “OG” Perez was treated to a blow-out birthday party by his wife and friends. His birthday took place during President’s Day weekend and about $113,000 was spent in total. It was his 50th birthday so his friends really wanted to do it right. they spent $13,000 on a dinner as well as $9,000 on drinks. After this, they spent $91,000 at a club which has now achieved legendary status.

He is the president of Roc Nation Sports. Joining Juan “OG” Perez for his birthday bash were a number of Roc Nation executives including his wife, Desiree Perez, and the rap star Jay Z. The party started out in Midtown where they had dinner at the very popular Japanese restaurant Zuma. This restaurant is one of Jay Z and Beyoncé’s favorite restaurants in New York City. The dinner party had sushi, steak, and lobster which resulted in a bill for $13,000.

The next stop for Juan “OG” Perez and his party was Made in Mexico. This is a restaurant and nightclub which is in the Inwood neighborhood. They spent $9,000 on drinks here with most of that going towards D’USSÉ which is a high-end cognac. The party was just getting started at this point, though, as they continued the celebration at the Playroom Nightclub.

At this exclusive nightclub, they reportedly purchased 40 bottles of high-end champagne. The resulting bill was for $91,000 which would be enough for a luxury car. It was this bill that turned Juan “OG” Perez’s party viral as it was shared online and seen by many people. As there were just six people in his party by that point people were wondering how they possibly could have drunk that much wine. As it turns out they were handing out bottles of campaigns to other people at the nightclub.

His Twitter Profile: https://twitter.com/reverend_ogjuan

HCR Wealth Advisors: Information on Assisting Customers

An important motto of HCR Wealth Advisors is Clients are first and always will be first. In money, there’s no two people who are alike. It’s based out of Los Angeles, California and it has hundreds of clients all over the country. The Founder and CEO of HCR Wealth Advisors is Greg Heller.

HCR Wealth Advisors is a wealth management firm committed to giving strategies of investment and finance to customers. The main center of HCR Wealth Advisors is constructing relationships with all the clients, create a plan of finance with physical objectives, and assist clients to go beyond or achieve all goals. HCR Wealth Advisors always places its customers first.

A prime goal of HCR Wealth Advisors is to have the clients served. An alternative to getting paid to sell some financial products or serving as brokerage house, HCR Wealth Advisors is a firm in which everything getting done is client-centric. Also, HCR Wealth Advisors finds it vital to be transparent with clients in everything it does. This is the only way to construct a relationship is strong.

It should be noted that HCR Wealth Advisors doesn’t only want investments tossed at customers. What they want is to construct a plan and strategy of finance, and then help clients create better choices in finance. HCR Wealth Advisors is seeing that as an essential component of wealth management and planning,

HCR Wealth Advisors is an investment adviser registered with the Securities and Exchange Commission and operates in compliance with the agency’s regulations and rules. The team of HCR Wealth Advisors consists of a lineup of registered finance professional with different certifications. They are “Certified Financial Planners (CFP)”, “Chartered Financial Analysts (CFA)”, “Fully Licensed California Life Agent”, “California Real Estate License”, and Licensed Securities Brokers with FINRA”. See their latest blog here.

Reference: https://blogwebpedia.com/hcr-wealth-advisors-clients-first.html

HCR Wealth Advisors is not affiliated with this website.

 

OSI FOOD SOLUTIONS THE GLOBAL FOOD FIRM

OSI Food Solutions is a global giant in provisional of food services and in the provision of retail brand services. OSI is a well-constructed firm with prestigious services hence making it the private firm most developed. OSI Food Solutions firm provides excellent services in the development, producing and distributing food services at international levels. By the year 2016, OSI Food was awarded the prestigious honor award by the British Safety Council that monitors exemplary management in managing the environment. The awarding ceremony took place at the Luncheon hall city in London 2016. The OSI Food has experienced employees that have enhanced the firm prosperity in the well-established environment. The firm employees include the sanitation group leader with the mandate of assisting the supervisor and other employees in the production functions. Again, the firm has the labor operations, general utility machine, general labor packing, and traffic supervisors with his deputy, and maintenance mechanic employees among many other employees.

The OSI firm clients are in the rise every single day and in the recent past; they raise the amount of chicken supply in an attempt to meet their customer needs. The demand for the consumption of chicken rose from 6% in the past to 8%, and the demand was expected to escalate as the days were running. OSI Food Solutions firm has made several achievements in the corporate world, and as such, the bought the Baho Food company aiming at expanding her market capacities in entire Europe. The Baho Food Company has its five-affiliate companies in the Netherlands and in Germany. Through the Baho Food corporate, OSI Food expects to invest and reap the profits from the eighteen European states. In addition to that, OSI Food Solutions bought the two thousand square foot of Tyson Foods in Chicago the investment they aim at adding more investments to their infrastructures. The Tyson Food spokesperson reported that they closed in 2015and they decided to amalgamate with the OSI Food Solutions. Further, the OSI Food obtained flagship in Europe, and therefore they will have an opportunity to supply frozen chicken. The corporate is leading in the USA due to her distinguished services it provides to their clients.

LinkedIn: https://de.linkedin.com/company/osi-industries

Breath-Taking Moment with NewsWatch Tv and Reviews

NewsWatch an award-winning Tv show with a consumer, technology as well as entertainment format. The show features celebrity interviews, consumer news, mobile applications reviews, sponsored and electronic editorial reviews, medical breakthrough, and government news as well as public service announcements. Besides, NewsWatch features on-location SMT interviews video news releases, and non-profit campaigns submitted by various providers. It is more often broadcast at 7 a.m during Monday morning news on AMC Network and affiliates of Ion Television including local stations that are independently syndicated. A communications and video production company known as Bridge Communications owns and operates the NewsWatch. NewsWatch’s headquarters are in Washington DC and has other offices.

Since NewsWatch began in 1989, it has aired over 1,000 episodes of its program. Numerous celebrities have appeared on NewsWatch. They include Brooklyn Decker, Ted Janson, Dale Earnhardt, Olympian Carl Lewis, Carrie Underwood, Phil Mickelson and Julianne Moore. Hundreds of top companies have also appeared on NewsWatch including Kelly Blue Books, American Heart Association, D-Link, Discovery Channel, Good Year, Suave, NASCAR, and Bounty.

According to news reports of July 20, 2018, Wal-Mart Inc was planning to create a streaming service so that they could compete with leaders such as Hulu, Netflix, and Amazon Prime Video. The news was from the tech news site. The idea was apparently to create a platform of their own with only $8 price tag per month, or one that would be free to watch while sustained by advertiser’s money. The streamlining service was cheaper compared to any other that in operation by then. This seemed to be the goal of the retail agent; as with their stores, they aimed at offering a more affordable alternative for Middle America as contrasted to Hulu and Netflix which were more popular on the coast, with individuals who could afford to splurge. What remained unclear is whether the platform of Walmart would have original programming.