Hints and tips:
...The holding company owned by French billionaire François Pinault and his children will end up holding a 56 per cent stake, the documents show....
...The Silicon Valley-based firm acquired a 4.1 per cent share in City Football Group from China Media Capital, taking its total holding to 14.5 per cent....
...The price of quitting After graduating from a Shanghai university in 2022, self-described introvert Yao joined the grocery operations of the city’s fastest-rising tech giant, Pinduoduo....
...Sheikh Mansour owns Premier League football club Manchester City, while RedBird IMI last month agreed to buy a British television production company, All3Media, for more than £1.1bn....
...“It’s heartbreaking,” she said, holding back tears....
...One thing to start: The private equity industry is facing a “shakeout” that could result in painful losses for investors who piled into the sector without properly understanding the risks of holding illiquid...
...He describes Publicis as “shifting from a holding company to a tech platform”, which will “radically change” how it operates its advertising business....
...City veteran Gerry Grimstone, who stepped down as the UK’s investment minister last year, has joined Bain & Co as an adviser on a project advising Saudi Arabia’s investment ministry....
...In Seoul, he took a similar approach, setting his show 12 Masters in interior designer Teo Yang’s home — a traditional timber-framed hanok, built in 1917, in the city’s historic Bukchon district....
...Investors holding 80 per cent cent of the shares in the Spac merging with VinFast redeemed their holdings — roughly in line with other recent deals. Such cancelled shares reduced VinFast’s free float....
...The pair have bought minority holdings in Clipway, a firm set up by former Ardian senior investor Vincent Gombault....
...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...
...With cops in disrepute, some of the city’s enterprising lawyers have proposed an alternative path to justice....
...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....
...Chart of the week Fears for the future of the London stock market are mounting after SoftBank and CRH, the world’s largest building materials group, shunned the City in favour of New York....
...The latest development comes from US researchers who have found a way of turning containers into soap....
...Consumers are definitely holding back on in-app purchases, versus a year ago....
...International buyers have been helping fill the gap created by space-seeking Parisians leaving the city centre for the suburbs or other cities in France....
...Silver Lake has a stake in City Football Group, which owns Manchester City and a stake in the French Ligue 1 club ES Troyes....
...Today, the vast industrial complex is a symbol of Ukraine’s dogged resistance, bombarded by Russia as the last part of the city still in the hands of Ukrainian fighters....
...Investment banks, hamstrung by new regulations like the 2010 Dodd Frank Act, were curtailed from holding risky assets such as low-rated debts, which has limited their ability to finance many deals....
...As Russian forces shell Ukrainian cities, Firebird’s clients — mostly wealthy people and their family offices — have been calling about their portfolios....
...This week Arm was once again the subject of serious soul-searching in the City of London....
...The firm’s reputation also suffered when a character in TV show Billions suffered a heart attack using a Peloton bike, and last year when a central character in Sex and the City died after using the equipment...
...But unlike that fateful Sex and the City episode, many of the cubs’ hedge fund peers saw the fitness group’s tour de trouble coming from a mile away....
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