SoftBank Procures Fortress Investment Group

Fortress Investment Group is an investment holding company headquartered in New York City. It provides investment strategies and manages assets in behalf of other companies that cover a wide array of portfolio including private equity, credit and real estate, and investment in permanent capital. The Fortress Investment Group offers and provides services for private investors and institutional organizations internationally.As a diverse investment company, Fortress likewise has services in the forms operations management and industry knowledge, corporate acquisitions and mergers, capital markets, and asset-based businesses. The company has a profound familiarity with different kinds of asset management that comprise of overseeing numerous physical and financial assets that provides longstanding profits, pricing, financing, and owning.Fortress Investment Group has made an outstanding performance in the industry which caught the attention of Masayoshi Son. Masayoshi Son is the current Chief Executive officer of SoftBank Group Corporation. SoftBank is mainly involved in digital television products, telecommunications, internet, mobile telephones and fixed line.

Many anticipated that SoftBank’s foray into United States market upon President Trump’s assumption of the presidency would be to invest in companies such as or the likes of the Alibaba Group. However, SoftBank agreed on the 14th of February 2017 to acquire Fortress Investment Group for $3.3 billion. When Fortress wen public after the company has been founded, the original founders and principals made a lucrative profit, and this happened once again upon SoftBank Group Corporation’s procurement.In 2007 Fortress led other U.S. firms in going public. At that time, some of the company’s stakeholders are the Ohio State Teachers Retirement System, Wellington Management Company, Fidelity Investments, and Allianz Asset Management among many others. In contrast to other private equity firms and hedge fund companies, Fortress brings its numbers to the public and they highlighted the alternative-investment venture for the past ten years doubling their assets on the way compared to 2005.SoftBank Group Corporation has sealed the deal on the acquisition of Fortress at the day’s end of December 27, 2017.

After the procurement has been concluded, SoftBank Group Corporation (SBG) together with its other fully-owned holding companies will have ownership of all the remaining shares of Fortress. The closing of the deal likewise follows that every stipulation under the agreement for acquisition has been fulfilled including the acknowledgement of all required regulatory approvals and the approval of Fortress stakeholders.The common stock of Fortress has also stopped being traded on the New York Stock Exchange following the finalization of its procurement, and it will be removed from the registered list of the NYSEC. Along with this, the financial statements of Fortress will be integrated within the financial statements of SoftBank, and the latter will make any necessary announcement of the effect of the financial statements consolidation should it be required. Fortress will be managed independently by its founders and principals namely Randal Nardone, Wesley Edens, and Peter Briger. This is under the agreement made with the regulatory agencies in the United States. And they will maintain their head office along with their day-to-day operations in New York City.

With Luminesce, Jeunesse Global helps the beauty-conscious glow

When Randy Ray and Wendy Lewis founded Jeunesse Global in 2009, they had already established themselves as two of the most important fixtures on the international direct-marketing scene. The inveterate entrepreneurs had founded many of the top companies in the industry, amassing fantastic wealth in the process. Now, the serially enterprising couple wanted to take a crack at retirement. They stepped away from the businesses and the industry they loved and settled into a life of golf courses and poolside drinks.

But retirement didn’t last long for Ray and Lewis. The industrious couple soon found themselves unbearably bored with their situation. They decided to start selling a few health and beauty products out of their garage as a way to pass the time. Soon, Ray and Lewis found themselves spending as much as 70 hours per week on their new venture. And it began to pay off handsomely.

From the beginning, Ray and Lewis focused on creating the best possible products to answer market niches that had been largely ignored by the biggest names in the industry. One result has been Jeunesse Global’s Luminesce skincare lotion, moisturizer and anti-aging solution. Luminesce is an excellent standalone skin moisturizer that sells at a very competitive price compared to competing brands.

Luminesce contains such skin-healing ingredients as aloe vera. But it also contains Jeunesse Global’s secret anti-aging molecule, which the company simply refers to as APT-200. This revolutionary substance has been clinically proven to restore a youthful, vibrant glow to skin. Additionally, APT-200 has been shown in company studies to reduce the incidence of wrinkles. It also acts to prevent the formation of new wrinkles, and it is able to restore skin elasticity that has been lost to the natural aging process. All told, Luminesce is able to make skin appear to be years or even decades younger.

Luminesce is just one of many Jeunesse products that make up the Youth Enhancement System, a complete basket of products that puts the youth-enhancing tools in the hands of consumers, allowing them to stave off many of the worst effects of aging for years or even decades to come.

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