Equinox Group Secures Strategic Investments to Refinance Existing Loans and Support Growth as the Global Leader in High Performance Living: The transaction, which provides Equinox with significant liquidity, was led by Sixth Street, a new investor in Equinox, and Silver Lake. It also included investments from Ares Management, HPS Investment Partners, L Catterton, and the principals of the Related Companies.
Rite Aid Delays Severance Payments to Laid-Off Employees - WSJ: Bankrupt drugstore chain informs former employees that the company decided to delay severance payments due this week to preserve cash
Endo’s Chapter 11 Plan Has Unusual Provision Leaving Door Open to Litigation - WSJ: The opioid maker’s restructuring plan encourages, but doesn’t force, claimants to sign releases granting immunity to parties not in bankruptcy to receive settlement money
The Body Shop files for bankruptcy in the US and Canada | Retail industry | The Guardian: The US arm of the ethical cosmetics group has ceased trading at its 50 outlets. On Saturday, it filed for Chapter 7 insolvency.
Patient Square Capital, a Leading Health Care-Focused Investment Firm, Agrees to Acquire NanoString Technologies: Under the terms of the agreement, Patient Square intends to purchase substantially all assets of the Company’s global business operations as a going concern for $220 million.
