(Bloomberg) -- Bankers are applying the idea of a “breakup fee,” a longtime fixture in corporate takeovers, to a very different kind of acquisition target: each other.Most Read from BloombergDubai Grinds to Standstill as Cloud Seeding Worsens FloodingTesla Asks Investors to Approve Musk’s $56 Billion Pay AgainChina Tells Iran Cooperation Will Last After Attack on IsraelWhat If Fed Rate Hikes Are Actually Sparking US Economic Boom?Red Lobster Considers Bankruptcy to Deal With Leases and Labor Cos

Hilco Real Estate, LLC (HRE), in collaboration with Jefferies LLC, is managing the sale of 377 real estate assets, encompassing 44 owned and 333 leased properties, as part of the bankruptcy Chapter 11 filing of 99 Cents Only Stores LLC. Outside of the real estate sales, Hilco Merchant Resources will be overseeing the liquidation efforts, including the sale of all inventory and fixtures.

The board of Jefferies Financial Group Inc. ( NYSE:JEF ) has announced that it will pay a dividend on the 30th of May...

NEW YORK, April 11, 2024--Jefferies Financial Group Inc. (NYSE: JEF) ("JFG", "we" or "our") today announced the pricing of its public offering of $1.5 billion aggregate principal amount of 6.200% Senior Notes due 2034 (the "Notes") with an effective yield of 6.222%, maturing April 14, 2034. The offering is expected to settle on April 16, 2024, subject to the satisfaction of customary closing conditions.

NEW YORK, April 11, 2024--On April 9, 2024, Jefferies Financial Group Inc. (NYSE: JEF) ("JFG", "we" or "our") priced €750,000,000 aggregate principal amount of 3.875% Fixed Rate Senior Unsecured Notes Due 2026 (the "2026 Notes") and €500,000,000 aggregate principal amount of 4.000% Fixed Rate Senior Unsecured Notes Due 2029 (the "2029 Notes" and, together with the 2026 Notes, the "Notes"), each under its Euro Medium Term Note Program. The 2026 Notes will mature on April 16, 2026 and the 2029 Not

(Bloomberg) -- The yen plunged through a level that Wall Street has warned could push Japanese authorities to step into the market to support the currency and then kept on going. Most Read from BloombergUS Sees Imminent Missile Strike on Israel by Iran, ProxiesUS Slams Strikes on Russia Oil Refineries as Risk to Oil MarketsChinese Cement Maker Halted After 99% Crash in 15 MinutesVietnam Tycoon Lan Sentenced to Death Over $12 Billion FraudUS Inflation Refuses to Bend, Fanning Fears It Will StickT

(Bloomberg) -- The yen plunged through the 152-per-dollar level that Wall Street has warned could push Japanese authorities to step into the market to support the currency. Most Read from BloombergUS Slams Strikes on Russia Oil Refineries as Risk to Oil MarketsUS Inflation Refuses to Bend, Fanning Fears It Will StickUS Sees Missile Strike on Israel By Iran, Proxies as ImminentChinese Cement Maker Halted After 99% Crash in 15 MinutesS&P 500 Hit by Fed-Pivot Rethink and War Jitters: Markets WrapTh

Jefferies (JEF) furthers its strategic alliance with SMBC in the Canadian market to capitalize on enhanced M&A opportunities. With this move, the company seeks to gain a competitive edge in the Canada region.

(Bloomberg) -- Sumitomo Mitsui Financial Group Inc., one of Japan’s largest banks, is deepening an alliance with Jefferies Financial Group Inc., with the two companies announcing plans to work together on corporate and investment banking deals in the Canadian market. Most Read from BloombergNY Region Rattled by 4.8 Magnitude Quake, Biggest in 140 YearsTurkey Joins NATO Allies in Suspending Europe Arms TreatySaudis Scale Back Ambition for $1.5 Trillion Desert Project NeomZimbabwe Announces New Cu

The companies said on Thursday they have worked together on cross-border mergers and acquisitions, healthcare and leveraged finance since 2021. U.S. investment banks have been sharpening their focus on Canada, which offers a competitive advantage. Easing wage inflation and potential interest rate cuts in Canada are expected to boost mergers and acquisitions (M&A) in 2024, analysts have said.