Hints and tips:
...One thing to start: The head of Lazard in Sweden has been charged with aggravated bribery linked to a takeover of a Swiss company by engineering group Atlas Copco....
...They include US hedge fund Whitebox Advisors and UK fund City of London Investment Management, which along with Seoul-based fund Anda Asset Management have called on the management of Samsung’s de facto...
...management....
...Through Wednesday’s acquisition, he’s effectively rejoining the private equity group. With just $4bn in assets under management, Iron Park failed to scale....
...Causeway Capital Management LLC, the LA hedge fund, has declared 4.88 per cent of Micro Focus....
...Paul, Weiss has hired Laura Turano as a partner in the firm’s corporate department in New York. Turano joins from Davis Polk & Wardwell where she was an associate....
...The shares currently trade on a 2020E PE multiple of c.17 times and an EV:Sales multiple of c.0.92 times in the context of Group margins of c.7.6%....
...The law firm Jones Day has added two partners to its M&A practice in Miami, Lorne Cantor and Evan Kanter, both of whom join from Greenberg Traurig....
...of the Company’s dire financial position, deficient books and records and issues of dispute (in particular with Ve Interactive LLC) which meant that the directors/management and/or S&W did the best they...
...Vista Equity Partners, the US private equity group that owns Misys, has beaten rival buyout group Advent International to acquire the Toronto-listed company in a deal worth C$4.8bn (US$3.6bn) including debt...
...Omar Davis, also based in London, becomes head of global mining. Brunswick Group, the international public relations firm, made two new hires last week at the partner level....
...It is unlikely that he will go much further unless a) financial crisis intervenes b) the election is brought forward or c) war is declared....
...Destiny also appears to be propelling activist Edward Bramson towards a board seat at Electra, the quoted private equity group, despite an indignant letter from management to shareholders on Thursday....
...(c) Company Securities....
...“There is a depth of liquidity [in the US] . . . that kind of depth of potential investment is just not available on other exchanges,” said Nick Kronfeld, a partner at Davis Polk....
...Neil Williams, Group Chief Economist, Hermes Investment Management The big known unknown for 2016!...
...(WSJ) David Jones has agreed a A$2.15bn (US$2bn) takeover by South African retailer Woolworths, which trumps a merger approach from rival Australian department store group Myer....
...Laura Davis, 44, says some items, such as a navy sweater embellished with tiny sequins, are similar to those in more upmarket boutiques but at a fraction of the price....
...According to Ronan Harty, a partner at Davis Polk, “if Coca-Cola was buying a car company it could take up to four months to approve”....
...Mick Davis, chief executive, highlighted the miner’s pipeline of growth projects, reassuring investors about the group’s spending plans....
...The structure of Glencore’s offer for Xstrata allows a group representing 16.5 per cent of the miner’s shareholders to block it....
...Several of them have singled out LexisNexis Legal & Professional as a business that management should put up for sale....
...POP Ziggyology , by Simon Goddard, Ebury Press, £20, 352 pages After the comeback and the V&A retrospective comes Bowie fatigue. Do we need more adulation?...
...However, a number of potential bidders – such as Blackstone, the private equity group and building societies including Yorkshire and Coventry – have not made offers....
...Xstrata was 2.3 per cent weaker at £11.43 after chief executive Mick Davis sold £5.4m shares to pay a tax bill....
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