Hints and tips:
...Vista, Elliott, Bank of America, Credit Suisse and Goldman declined to comment....
...New York-based RedBird, which was founded in 2014, acquired AC Milan from Elliott Management for $1.2bn last year....
...One scoop to start: Clayton, Dubilier & Rice is closing in on $23bn for its new flagship buyout fund, becoming the latest big-name investor to defy an industry-wide fundraising slump....
...In a filing, the directors said they resigned last Friday after receiving letters from the DoJ alleging they were in violation of Section 8 of the Clayton Antitrust Act, which prohibits “interlocking directorates...
...Earlier this month, Elliott Investment Management, the activist investor, said it had taken a stake in the Dublin-headquartered company....
...Just before the Elliott bid, AEL publicly feuded with its largest shareholder, Brookfield Asset Management....
...Elliott’s deal partner Brookfield itself agreed in April to take CDK Global private for $8.3bn....
...Private equity firm Clayton, Dubilier & Rice has promoted three new partners: Harsh Agarwal, Romain Dutartre, and Rob Volpe....
...Lenders are hoping to avoid the fate of a Goldman-led group’s financing of Clayton, Dubilier & Rice’s £10bn takeover of UK grocer Wm Morrison....
...“There’s no sense of control, of being able to budget,” says Tess Lidstone, co-owner with her chef husband Elliott of Box-e, a successful Michelin Bib Gourmand-listed Bristol restaurant....
...Goldman Sachs has already had a tough time with UK retail deals after struggling to distribute the debt backing Clayton, Dubilier & Rice’s takeover of Wm Morrison....
...Clayton, Dubilier & Rice has hired Nadav Tomer as an operating adviser to CD&R funds, focused on healthcare investing. He was global president of Johnson & Johnson’s DePuy Synthes Spine franchise....
...such as the US Business Roundtable and the National Association of Manufacturers have argued that proxy advisers wield too much influence in corporate governance battles, and the SEC under chairman Jay Clayton...
...Sure, the grocer’s earnings have grown since then, and multiples have risen: the subsequent buyout of close rival Morrisons by private equity group Clayton Dubilier & Rice last year set a benchmark for a...
...Elliott has also urged GSK to consider selling its consumer unit, rather than Walmsley’s plan to demerge....
...Deloitte and KPMG have sold their UK restructuring divisions in private equity-backed deals — and PwC’s $2.2bn sale of its staff mobility and immigration consultancy to Clayton, Dubilier & Rice was the biggest...
...Elliott Investment Management, the activist investor and merger arbitrage specialist, said last month it had taken a stake in the company....
...The pioneer in cloud file storage is in the clutches of Elliott Management, the hedge fund known for pushing companies into selling themselves....
...(New York Times) Back in the saddle Jay Newman, the former Elliott debt trader who extracted $2.4bn from Argentina, has been roused from retirement for one final battle....
...The activist manages about $6bn but it has, at points, overtaken Elliott, one of the world’s best-known and most feared investors, in new campaigns....
...But will Clayton lend an ear?...
...Activists including Elliott and Third Point had fought against the measure....
...Mr Loeb’s attack is expected to be echoed by other activists, such as Elliott Management’s Paul Singer, before an SEC deadline for comment on the proposal on February 3....
...Elliott’s campaign is being run out of its European division called Elliott Advisors, which is based in London and led by Mr Singer’s son Gordon....
...The dealer Andrew Clayton-Payne shows a selection of drawings by neoclassical painter Johann Zoffany; more than 40 of Adolph Menzel’s drawings get their own spotlight at Stephen Ongpin Fine Art, showing...
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