In light of the somewhat chaotic developments in the takeover saga in recent weeks, the question on Evertonian minds now is just who are 777 Partners and are they both capable and worthy of running one of England’s most storied and successful football clubs?
How Everton buyers Josh Wander and 777 Partners made their money washingtonpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from washingtonpost.com Daily Mail and Mail on Sunday newspapers.
UNITE HERE Releases Real Estate Runaround: How Brookfield's Insurance Venture Offers Reward for Investors, Risk for Retirees tmcnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tmcnet.com Daily Mail and Mail on Sunday newspapers.
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The change, whose scope and financial impact are first reported here, will free up cash which insurers can use to write new policies, invest in their business, or boost their share price through dividends and stock buybacks, according to their financial disclosures and analysts who cover them. At least 23% of life insurers rated by credit ratings agency Fitch stand to benefit, because their interest rate maintenance reserves (IMR), which reflect gains or losses from interest rate changes, were negative as of the end of December. A negative IMR forces insurers to tap pots of money they would have otherwise spent on their business or returned to shareholders.