Hints and tips:
Related Special Reports
...It is now aiming to finalise a structure with ministers this week that will allow the Telegraph and The Spectator to be sold, potentially in separate deals....
...The company is acquiring 20 Grafton Street, a 17,000 square foot building comprising office and retail space, the people said, in one of the largest deals it has struck since Russia’s full-blown invasion...
...Other media groups are also looking at deals involving their customer data, according to industry executives....
...IMI, which is controlled by Sheikh Mansour bin Zayed Al Nahyan, a vice-president of the United Arab Emirates, is unlikely to be involved in any future deal, the people with knowledge of the matter said....
...US private equity firm Thoma Bravo has agreed to take UK cyber security company Darktrace private in a transaction valuing the company at $7.75 per share....
...Soaring demand for subsea interconnectors means substantial cash generation and, Lex thinks, more deals. Another subsea gusher could also prompt deal talks in the oil sector....
...Announcing the deal, Qasim Abbas, a senior managing director at Blackstone, said: “The breadth of the Blackstone platform, combined with our operational expertise, will support and enhance the value of the...
...Thoma Bravo said earlier this year that it had completed a deal to buy German compliance software company EQS Group....
...The deal follows a strategic review by the company’s board after it lost a shareholder vote in October that put its future in doubt....
...It is not clear how Concord will seek to deal with the existing management agreement. Concord has now secured backing from investors holding 31 per cent of the issued share capital of Hipgnosis....
...The drumbeat of negative news for London’s equity markets continues, with several deals and departures announced just this week....
...The two regulators were asked for views over whether there were grounds for concern in the deal....
...Have a great week, Helen ThomasHead of Lexhelen.thomas@ft.com...
...Culture secretary Lucy Frazer, who has overseen the government’s response, said: “Throughout this process I have raised concerns about the potential impact of this deal on free expression and accurate presentation...
...Blackstone has agreed a deal to acquire Hipgnosis Songs Fund for almost $1.6bn in the latest salvo in the bidding battle for the listed music rights owner....
...This could threaten coverage of the league’s games after next season as they cannot be shown without a rights deal in place....
...This is some of the recent Lex output: UK-listed Reckitt has a deal disaster on its hands....
...TGI Fridays said the deal would create a “global hospitality brand” offering “operational and financial flexibility, increased scale and capital to deliver continued revenue”....
...But the financing that helped make the deal happen came from private equity group Silver Lake, in the form of a Pipe — or private investment in public equity — deal....
...The deal follows a strategic review by the company’s board after shareholders voted last year against the fund continuing....
...That deal has already been backed by about 29 per cent of Hipgnosis’ issued share capital. Hipgnosis’ music portfolio includes artists such as the Red Hot Chili Peppers and Shakira....
...New deals have continued to be struck by artists selling their music rights to investment groups, with US rock band Kiss most recently agreeing to a $300mn deal that included its name, image and likenesses...
...The Telegraph could again be offered to potential buyers after a deal to sell the newspaper to Abu Dhabi-backed RedBird IMI was blocked by the government last week....
...Second, these year-on-year figures just reflect the depths we’ve plumbed in an unusually deep and protracted deals slump....
International Edition