Clayton, Dubilier & Rice is a US private equity group attempting to take over one of the UK's biggest grocery chains.
One of the major drivers in the core CPI jump reported by the Bureau of Labor Statistics was skyrocketing used vehicle prices according to Rick Rieder, chief investment officer of global fixed income at BlackRock.
Hertz Global Holdings, Inc. (OTCPK:HTZGQ) ("Hertz" or the "Company") today announced that the Bankruptcy Court confirmed the Company's Plan of Reorganization (the "Plan"). The Plan unimpairs all classes of creditors (who are legally deemed to have accepted it) and was approved by more than 97% of voting shareholders. The Court's approval clears the way for Hertz to emerge from Chapter 11 by the end of June 2021.