Hints and tips:
...“I’m very concerned about the exodus of companies,” said one longtime Chicago business and civic leader....
...Which is why I’m sceptical much change happens....
...I’m not talking about real dollars, meaning dollars adjusted for inflation....
...Sung’s father’s brothers founded a corner grocery store that flourished into a major produce wholesaler....
...“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....
...This sum had risen sharply from C$1.12mn at the end of 2021 and represented 2.4 per cent of the funds’ combined assets of $107.5bn. The sums are listed as “receivables from the manager”....
...M&A lawyer Jon Bowden has joined Freshfields Bruckhaus Deringer as a partner in Singapore. He joins from White & Case....
...“I’m just riffin’ so I can impress Ken Griffin,’” he told the crowd of some 10,000 people, according to people who attended, and, “If my band ever goes under, maybe I’ll become a hedge funder.”...
...As such, potential indigestion / objections from existing partners (including M&S) doesn’t seem that important to us....
...Smart reads Clean slate First Boston churned out industry heavyweights leaders such as Larry Fink and Joe Perella and helped modernise M&A....
...Its founder, Paul Singer, was caricatured on Samsung C&T’s website as a bespectacled vulture....
...“If you’re going to tell me that by regulatory fiat one of my major items of expense disappears, I’m OK with that,” said Griffin in October, referring to payment for order flow....
...Users start with 500 “Mana”, an on-platform currency that can be redeemed as a charitable donation at M$100 per $1....
...I’m going to be a winner in that scenario,” he said....
...It’s the proliferation of them that I’m worried about.”...
...“And I’m not going to say that Robinhood did everything perfect and that we haven’t made mistakes in the past....
...Michael Russell has rejoined Wilson Sonsini from Goodwin Procter as a corporate partner, and will co-lead the firm’s M&A practice with longtime partner Robert Ishii....
...She discreetly tipped off the wholesalers still hankering for Tibi 1.0. “It was a life support,” she says. 4.C made $3m in its first year....
...Sidley Austin has hired Parthiv Rishi as a partner in its global M&A and private equity practice in Singapore. Rishi joins from Linklaters....
...Causeway Capital Management LLC, the LA hedge fund, has declared 4.88 per cent of Micro Focus....
...Well it’s basically one that has fewer restrictions on buying the lowest-rated triple-C grade debt....
...Victoria Rosamond has rejoined White & Case’s New York office as a partner in its M&A practice. She was previously at Katten Muchin Rosenman....
...Everyone has different names for this: you will have your own and I’m prepared to accept that your mum did them best....
...He previously led the middle market consumer and retail M&A effort at Wells Fargo Securities....
...The shares currently trade on a 2020E PE multiple of c.17 times and an EV:Sales multiple of c.0.92 times in the context of Group margins of c.7.6%....
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