Hundreds of thousands have mortgages with terms that run beyond state pension age, estimates suggest.
‘You have to go to a lot of therapy to fix that,’ said the actor
Hong Kong-listed real estate fund manager ESR Group, which halted trading in its shares on Monday, is subject to a potential take-private bid from a group of investors including Starwood Capital Group, three people with knowledge of the matter said. ESR, which is backed by U.S. private equity firm Warburg Pincus LLC, said in a stock exchange filing trading was halted pending an announcement about inside information on the company, pursuant to the Hong Kong code on takeovers and mergers. Bloomberg first reported that a Starwood-led group is planning to buy out ESR on Monday.