Hints and tips:
...Smart reads Fidelity firings A decade into her reign, Fidelity’s Abby Johnson is reasserting control over the US fund giant’s London outpost. Heads are rolling, Bloomberg reports....
...However, Johnson Associates did not include so-called carried interest payments that dealmakers earn as incentive fees from the sale of successful investments....
...In one instance, quality control problems emerged during the manufacturing of Johnson & Johnson’s Covid-19 vaccine, with employees having to check vials by hand for two weeks, the FT has reported....
...Lazard has hired Charles Noel-Johnson to be co-head of European restructuring. He joins from Moelis & Company. White & Case has hired Patrick Sarch to be head of UK public M&A....
...Johnson & Johnson struck a $2bn deal to buy Ambrx Biopharma, which specialises in antibody-drug conjugates, one of the hottest areas in cancer treatment....
...JSR’s American chief executive, Eric Johnson, says the company originally approached JIC in November 2022....
Sale to Michael Dell-backed investment firm is largest since John Foley was ousted as fitness company’s chief
...“The amounts of income and potential compensation at private equity firms dwarfs the banks,” said Alan Johnson, head of compensation consultancy Johnson Associates....
...Dévé sterling-silver and lapis lazuli ring, £310 Flavie wears Ulla Johnson cotton denim jacket, £600, and matching skirt, £530. Sunspel cotton T-shirt (just seen), £75. Hermès silk scarf, £305....
...The trade at hand: a sale of the healthcare technology company Cotiviti for up to $11bn, people involved in the matter told DD’s Eric Platt and Antoine Gara....
...Additional reporting by George Parker and Antoine Gara...
...DD’s Antoine Gara and Eric Platt revealed last week that private equity firms are increasingly borrowing against a fund’s investment assets to help pay down the debts of struggling individual companies....
...GSK spin-off Haleon and Johnson & Johnson spin-off Kenvue reported better than expected sales in the first half of the year....
...Big companies including Purdue Pharma, Johnson & Johnson and 3M have used the US bankruptcy system as a way to limit their exposure to compensation claims....
...That is for sure,” Milken told DD’s Antoine Gara after wrapping up his conference....
...Additional reporting by Andrew Edgecliffe-Johnson and Antoine Gara in New York...
Apollo, L Catterton display preliminary interest in maker of Barbie and Hot Wheels brands
...On Thursday, our colleagues broke a story about Lord Jo Johnson....
...Its Blackstone Property Partners business, which is sold to pension funds and endowments, faces redemption requests of more than $5bn, or 7 per cent of its $73bn net asset value, reports Antoine Gara....
...Rothschild & Co has named former Coca-Cola executive Marie Quintero-Johnson as a senior adviser....
Hedge fund billionaire John Paulson has China’s 40mn pianists in his sights with return to the public markets
...InterContinental Hotels Group chief financial officer Paul Edgecliffe-Johnson has joined UK betting group Flutter as CFO....
...Additional reporting by Antoine Gara and Sara Germano in New York. Data research and analysis by Daniel Clark...
...Marriott International CEO Tony Capuano, Johnson & Johnson executive Jennifer Taubert and Salesforce finance chief Amy Weaver will join the board in October....
...The investment pile-in comes as corporate giants such as Unilever, General Electric, IBM, Siemens and Johnson & Johnson break themselves apart to streamline their operations....
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