Hints and tips:
Related Special Reports
...Fast-growing private capital managers such as Apollo have in recent years pushed aggressively to create higher earning assets for insurance companies....
...Chopra called for scrutiny of “past acquisitions” to avoid “catch and kill” deals that smother competitors....
Former US partners hire lawyers in fight for bigger share of the proceeds from New Mountain deal
Accounting firm recently agreed to sell a majority stake to New Mountain Capital
...TIC currently owns about 7.3 per cent of Toyota Motor, while the much larger company owns 23.5 per cent of TIC, according to LSEG data....
...New Mountain bought a controlling stake in Citrin Cooperman in 2022 and has helped fund an acquisition spree that has swelled the accounting firm’s annual revenues to an estimated $700mn....
...That competition has forced traditional commodity traders such as Trafigura, which made a record $7.4bn in 2023, to invest to keep up. It set up a power trading division three years ago....
...It dismissed a proposal by the two companies to divest several hundred stores as “inadequate”....
...The New York Stock Exchange is polling market participants on the merits of trading stocks around the clock as regulators scrutinise an application for the first 24/7 bourse....
...Companies in the throes of a cyclical slump make the choicest morsels of all....
...company Canoo....
...Some of the biggest deals struck in the quarter included Capital One’s $35bn acquisition of Discover Financial, and chip design toolmaker Synopsys’s $35bn takeover of engineering software maker Ansys....
...or acquisitions....
...The panellists in Miami offered a range of tips on how to avoid history repeating itself — among them, not allowing majority-owned or controlled companies the same covenant flexibility as public companies...
...Skydance is offering to buy Redstone’s National Amusements, which controls 77 per cent of Paramount’s voting stock, and later merge with the two companies....
...After his departure, Handler sued the firm, claiming he had struck a deal at a November 2012 meeting at Manhattan’s University Club with the two founders that gave him a roughly 7 per cent stake in Centerview...
...TKO is not included in the deal and will continue to be a public company....
...Cannae owns stakes of varying sizes in mostly public companies, notably Dun & Bradstreet. One company, software maker Alight, is facing an activist campaign from Jana rival, Starboard Value....
Culture secretary ‘minded to refer’ deal involving British media group to Competition and Markets Authority
...A senior EU court adviser has said the European Commission was wrong to block gene sequencing group Illumina’s $8bn acquisition of Grail and that the decision should be scrapped....
...Excluding the four companies without earnings as well as the Mag 7, the S&P 489 has an average P/E of 23, essentially the same as the index as a whole....
...Last week, it announced it had made a new loan to executive networking company World 50 and while filings show it was already a lender to the company, a person close to Barings described it as a “net new...
...The offer, which values the shares at $7.75 or 620p each, represents a 20 per cent premium on Thursday’s closing share price....
...Buyout groups are betting they can grow these businesses through acquisitions and turn many into companies large enough to eventually be listed on public markets....
...The FTC on Monday challenged the $24.6bn acquisition, alleging that it would eliminate competition between the two companies, increase prices for groceries and harm product quality and consumer choice....
International Edition