Hints and tips:
...Kim runs Centerview’s consumer-products practice and has also led internal projects related to banker recruitment and firm growth....
...Houlihan Lokey has hired Scott Kirkby as a managing director for its European financial services and technology team. He previously worked for Bupa....
...Though subscription revenue would probably be dwarfed by the $175bn in advertising that search and related services brought in last year, the idea would still be a radical departure for a company whose core...
...Ardian has also had to improve on an internal culture where senior male executives have faced scrutiny for their behaviour towards other employees....
...The borrowing can improve an investment’s internal rate of return by realising profits more quickly, but is risky because a large share price fall can trigger a collateral call....
...It reported $1.5bn in revenues last year, with its largest unit — managing Hollywood stars and offering services to the feature film and television industries — growing 13 per cent to $666mn....
...Third Point wrote to investors on November 10, the day of the flotation, to say it had made a 640 per cent gross internal rate of return, an annual measure of performance favoured by the private equity industry...
...“The reason is that a former Hotbit management employee who left Hotbit in April this year was involved in a project last year (which was against Hotbit’s internal principles and of which Hotbit was unknown...
...It brought in a record $7.5bn of revenue last year, up from $7bn the year prior, according to a spokesperson....
...Billionaire investor Kenneth Griffin has sued the Internal Revenue Service and US Treasury department over the leak of his tax records to non-profit media group ProPublica last year....
...Both entities bring highly complementary strengths and a shared vision of a leading full-service, truly global equity brokerage business, supporting the evolving needs of institutional investors and corporate...
...By far the most important is The Worldwide Production Services LLC (WWPS), a Toronto-based film company that holds digital distribution rights to the ILBE-produced Puffins and Arctic Friends series....
...Epstein joined the board of Black’s family foundation in 1997; he is said to have resigned a decade later, although documents filed with the Internal Revenue Service continued to name him as a trustee for...
...The loan was made against the companies’ future revenues, according to documents seen by the Financial Times....
...Share your ideas with us at imani.moise@ft.com and sid.v@ft.com. Happy reading!...
...Meanwhile, BT, which owns mobile provider EE, has reported full-year results that show revenues falling 2 per cent to £20.9bn and pre-tax profits rising 2 per cent to £7.6bn in 2021....
...Revenues from various digital services have a growth rate of faster than 30 per cent, above the emerging world average and nearly triple the developed world average — a welcome boost in a time of slowing...
...But now they have to service that debt when essentially that debt number keeps climbing and that becomes a real concern for companies that don’t kick off enough revenues and margin to be able to pay down...
...The internal message for brokers on the use of AI is “get used to it”, Williams said....
...A $2.2bn equity investment in mortgage software company Ellie Mae in 2019 yielded an $11bn windfall when the business was sold to Intercontinental Exchange a year later, which pushed the internal rate of...
...On Wednesday, Evercore announced that it had reached nearly $2bn of deal revenue just in the first three quarters of 2021, a figure that puts it toe-to-toe with the bulge bracket firms and well ahead of...
...More loans were allegedly given by Cox & Kings to V Hotels, a struggling beachfront property bought by Peter and Urrshila’s father, Ajit, in 2001....
...July 1 is the day Google reduces the fee Google Play receives from developers globally for the sale of digital goods or services to 15 per cent (from 30 per cent) on the first $1m of revenue earned each...
...The two companies involved — Atos IT Solutions and Services and Atos IT Outsourcing Services LLC — represented “about 11 per cent of consolidated turnover and about 9 per cent of consolidated operating margin...
...At the time, Scale had a bit more than $100m in annual recurring revenues, says one person familiar with the deal, meaning Tiger Global valued the company at about 70 times that metric....
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