Hints and tips:
...TPG sold a controlling stake in the talent agency CAA to Artémis, the holding company of the Pinault family, at a $7bn valuation....
...I’m still slowly recovering from a very bad cold that I caught at the Mobile World Congress in Barcelona two weeks ago — but at least I’ve got my voice back!...
...I’m not talking about real dollars, meaning dollars adjusted for inflation....
...We’re assuming (b) ended up winning there....
...He describes Publicis as “shifting from a holding company to a tech platform”, which will “radically change” how it operates its advertising business....
...“Banks are nervous to underwrite single-B credit with M&A timelines which could be six months of holding the risk,” said Lauren Basmadjian, co-head of liquid credit at Carlyle....
...“I’m not here to win friends and be happy ever after. We obviously have to be respectful....
...At Goldman Sachs, Brian Haufrect, co-head of M&A in the Americas, is a seasoned adviser to energy groups including Occidental Petroleum, ConocoPhillips and Shell....
...Join us on October 17 at the Biltmore Mayfair in London as we gather the biggest names in M&A, private equity and corporate finance, including a deep-dive with FT journalists into short seller Hindenburg...
...I’m sure most investors are aware of this risk when they go in,” given that it will be outlined in the ETF’s prospectus....
...Freshfields Bruckhaus Deringer has hired M&A lawyers Noah Carr and Gordon Palmquist as partners in Tokyo. They join from Latham & Watkins and Mayer Brown, respectively....
...Join us on October 17 at the Biltmore Mayfair in London as we gather the biggest names in M&A, private equity and corporate finance. DD subscribers get a special discount....
...UK companies news will be peppered with trading updates, notably supermarket chains Marks and Spencer, J Sainsbury and Tesco, discount retailer B&M and Greggs, purveyor of hot pastry snacks such as the vegan...
...The Pinault family’s holding company Artémis, whose other holdings include a controlling stake in luxury group Kering and auction house Christie’s, plans to use $2.8bn in equity and $425mn in debt to buy...
...“She got up and stood there holding her stupid knock-off Kate Spade bag or whatever it was, her hair pulled back into a ponytail and crowned with a useless, plastic, tortoiseshell headband,” notes the narrator...
...It’s holding for now, but I don’t know if it can do so forever,” said one Norwegian chief executive....
...I’m pretty sanguine about growth. It’s moderating, but I’m comfortable about it. Unhedged: Why bother taking any credit risk at all?...
...I mean, it's amazing to me now, as we sit here today, that we have an International Space Station that is still holding together an international coalition....
...Dealmaking deterrents Japan’s problematic equity “cross-holdings” could hypothetically broker a $20bn takeover “for free”, the FT’s Leo Lewis explains. But the country is only ripe for M&A in theory....
...M&A lawyer Jon Bowden has joined Freshfields Bruckhaus Deringer as a partner in Singapore. He joins from White & Case....
...“They are taking big risks without a Plan B,” says Torcuato di Tella’s Levy Yeyati. “They are burning their bridges with the opposition, including those who could help them....
...M European Value Retail H1, Flutter Entertainment Q3, Leonardo Q3, National Grid H1, News Corp Q1, Pirelli Q3, SoftBank Q2, Sony Group Q2, Tate & Lyle H1, Taylor Wimpey trading update, Telefónica Q3 and...
...I’m Ethan Wu. Thanks for listening. [MUSIC PLAYING]...
...“It was less than [one minute] so I’m proud of myself!”...
...Meanwhile, rivals B&M and Poundland have cherry-picked 122 stores from the Wilko estate, in desirable locations, which are set to open under their respective brands....
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