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...The US government has codified its scepticism in revised “merger guidelines”....
...Freedom Acquisition replaced Pimco with Next G, an affiliate of Chinese entrepreneur Edward Zeng’s China Bridge Capital....
...Hewlett Packard Enterprise has agreed to acquire Juniper Networks for about $14bn, highlighting a growing appetite by chief executives to return to large-scale dealmaking after a sharp decline in merger...
...Bloomberg) Fund managers urge European regulators to mirror US move to T+1 (FT) Thomas Cook owner Fosun to sell brand to Poland’s eSky (SKY News) UK government vows to protect litigation funding that helped sub-postmasters...
...The software giant, which will pay Figma $1bn in a termination fee under the terms of the merger agreement, had been battling EU and UK regulators to little avail....
...And in 2021, Restaurant Brands paid $1bn in cash for Firehouse Subs....
...Last year, Citi launched Wall Street’s first financial institutions advisory group focused on minority-owned banks, which offers them services such as bond underwriting and mergers and acquisitions advice...
...One paper in this area caught my eye recently, “Standardizing and Unbundling the Sub Rosa DIP Loan”, co-authored by researchers Kenneth Ayotte and Alex Huang of UC Berkeley School of Law....
...He invited Oprah Winfrey to interview him and declared the merger to be “our rendezvous with destiny”....
...for the deals will give private equity executives more confidence that investors are willing to finance new buyouts after a fallow 12 months, as well as boost Wall Street bankers’ willingness to provide bridge...
...The TSE’s ambitions are not just meant for the worst-run Japanese companies, those with a sub-1 price/book ratio....
...The $3.4bn legal merger hoping to bridge the Atlantic At the turn of the century, Clifford Chance set out to be first among the UK’s “magic circle” to make its name on Wall Street by taking over New York...
...“But are these interesting lab-scale innovations that still have a big bridge to cross before they are manufacturable, or something that can soon be produced at scale?” he asks....
...A group of international banks would provide bridge financing for the deal, which would then be refinanced by debt and a new equity rights offering in the first quarter of 2022, the company said....
...Township businesses such as Soweto Creamery create jobs in high-unemployment areas, and help to bridge a post-apartheid economic divide....
...Amgen has secured a $28.5bn bridge loan to finance the deal. But it will need to tap the bond market to pay that down. Interest rates have jumped since Amgen last sold bonds in February....
...“With the weaker yen, we need to pay 50 per cent more than usual so it’s not an environment for merger and acquisitions....
...China-backed Canyon Bridge controversially swooped on Imagination Technologies after the British chip designer lost Apple as a client....
...It has evolved into a mature tech vendor providing a bridge for large companies that want to move data from on-site centres to the cloud....
...break-up brings KKR back in play (Lex) Chinese metals group wins respite from banks on nickel bet (FT) Law firm DLA Piper to exit Russia as industry split deepens (FT) The Office Group agrees £1.5bn merger...
...Bill Gates, Microsoft’s co-founder, who was once a bridge partner of Buffett’s, stepped down from the Berkshire board in March 2020....
...Bank of America, it has tapped its relationship with Japan’s Mitsubishi UFJ to finance huge loans before, including $33.5bn for Bristol-Myers Squibb’s takeover of rival Celgene in 2019, one of the largest bridge...
...The app store forces developers to treat their software in a sub-par way to give customers a sub-par experience to charge uncompetitive handling and processing fees to inflate the price of digital goods....
...Chapek’s recent announcement that the group will suspend political donations in Florida altogether will do little to bridge the gap....
...Bridges Fund Management....
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