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vista secures 600 million investment from rrj capital to enhance growth
Vista has secured a $600 million equity investment from a consortium led by RRJ Capital, aimed at strengthening its financial position and optimizing its capital structure. This partnership, which includes Andalusian Private Capital and existing investors like Rhône Group LLC, is set to enhance cash flow and reduce debt. The transaction is expected to close by the end of March 2025.
rivalry in private aviation escalates as accusations fly between entrepreneurs
John Matthews, founder of Air X, has launched a campaign against Vistajet's Thomas Flohr, fueled by personal animosities and accusations of unethical business practices. Matthews used a WhatsApp group to spread negative information about Flohr, which has led to a legal battle between the two. Despite Matthews' claims, Flohr maintains that Vista Global is financially sound, though its financial details remain confidential and are scrutinized by industry observers.
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