LA Private

October 22, 2025

Rio Tinto Explores Asset-for-Equity Swap

Rio Tinto is reportedly exploring an asset-for-equity swap with Aluminium Corporation of China Limited (Chinalco) that could reduce the Chinese investor’s 11% stake in the company. The proposed deal could free up Rio to resume share buybacks and pursue strategic mergers and acquisitions. Sources familiar with the matter told Reuters that Chinalco would exchange part […]

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Lagarde Supports Unified European Stock Exchange

European Central Bank (ECB) President Christine Lagarde has voiced her support for German Chancellor Friederich Merz’s proposal to establish a single European stock exchange. Lagarde believes this unified exchange would bolster European listings and stimulate economic growth across the Eurozone. Her endorsement came during a conference where she emphasised the need for decisive action to

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US Loan Funds Experience Significant Outflows

U.S. loan funds are experiencing substantial outflows this month amid concerns regarding the bankruptcy of First Brands Group. The situation has triggered worries about opaque financing practices and the strength of underwriting standards within the private credit market. Loan exchange-traded funds (ETFs), which invest in syndicated loans frequently packaged into collateralized loan obligations (CLOs), recorded

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