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...H&F’s investment also underscores the growing interest of private equity in professional services firms, and represents a return to large-scale dealmaking in the US accounting sector after a hiatus caused...
...“I think they are just being a little bit more cautious because they can’t release something they can’t fully control,” he added....
...“If a group of partners came along and said, ‘join our lawsuit’, I would not have wanted to sign away my right to do that,” the former partner said. Grant Thornton declined to comment....
...I tried getting another company, Pure, to pick up my policies. They refused because I had a submitted a claim to another company....
...H&M has appointed Daniel Ervér as new chief executive of the group, succeeding Helena Helmersson. Ervér has been with H&M for 18 years, most recently as the head of the H&M brand....
...I loathed Ridley Scott’s disappointing film, a catastrophe!...
...I do not know which I find less convincing, the familiar weather excuse or the claim that there was a “deteriorating economic outlook” that shows up in so few other places (Mastercard reported yesterday...
...The setting, a short drive from Florence, was the story: this is where stuff happens, where fashion gets made. “I was inspired by the world of work,” says Silvia Venturini Fendi....
...Two weeks ago, I planted a weeping fig tree that I had picked up the day he died, in the middle of the circle. It had been in a vase until now. So now that’s him, he’s here.”...
...Read a transcript of this episode on FT.com...
...As for the orchestra, I was trying hard to think if I had seen or heard a finer ensemble than this in recent times....
...Trump Media went public through a merger with a blank-cheque company late last month....
...Apollo established Financial Credit Investment I (“FCI I”) in 2010 coming out of the GFC as a vehicle to acquire pools of life settlements and other insurance-linked securities from banks and other large...
...Last week, Chicago-based Grant Thornton agreed to sell a majority stake to New Mountain Capital in the sector’s largest deal. Baker Tilly secured a $1bn investment led by H&F in February....
...Donald H MalcolmCardross, Dunbartonshire, UK...
...I probably had less than a thousand followers on Instagram.”...
...“Equities have been on a fantastic run,” he said....
...In September, a rival bidding team made up of I Squared Capital and TDR Capital entered the fray with a €9.75 a share offer....
...“I created a print of them, laboriously, with a mix of photography and hand drawing for a dress in 2016. I always thought it would translate really well into wallpaper....
...But a statement amounting to “we will work harder on quality now” is not reassuring, though I am sure Boeing will work harder at it; everyone in the C-suite must now know they are one incident away from...
...“A lot of unexpected things have happened. I feel it’s the right step to take....
...We did get calls from folks saying, why don’t you own more triple-C’s? And then there would be periods of time where volatility would spike and these triple-C-only managers would blow up....
...“I think it’s unlikely that the next policy rate move will be a hike,” Powell said....
...Google has agreed to pay C$100mn a year into a fund to support news organisations in Canada as part of a deal with the government, ending a dispute that led it to threaten to cut links to news from its services...
...“If you wanted to mirror Citadel as an example for collecting data, I think it would take a lot of time, a lot of money . . . so we are spending a lot of time and effort trying to develop our own AI machines...
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