Replies to post #520420 on Mr Cooper Group Inc fka COOP

[JusticeWillWin]

Whatever exactly happens, very interesting times ahead!

The involvment of many big players is a clear sign to me that NSM will not be the only M&A for WMIH.

I dont think it will happen...basically because Fortress can still have large room for growth with the shares they keep.
If WMIH wants to benefit from Softbank´s technology that will be a game changer Fortress needs to stay as a Top shareholder.

https://www.wired.com/story/softbanks-futuristic-vision-fund-takes-on-the-real-estate-world/

More interesting pairings may come from SoftBank’s forays into the traditional real estate market. The company recently acquired Fortress Investment Group, a private equity firm with $44 billion in assets under management including large real estate and real estate credit funds. SoftBank also reportedly plans to buy a sizable stake in Swiss Re AG, the reinsurance giant. (The firm declined to comment on reported deals.)

[Split T]

Mr. Simpson, Swiss Re is no longer in play....

"SoftBank also reportedly plans to buy a sizable stake in Swiss Re AG, the reinsurance giant. (The firm declined to comment on reported deals.)"

Swiss Re ends SoftBank talks with no agreement.


https://www.reinsurancene.ws/swiss-re-ends-softbank-talks-with-no-agreement/