Hints and tips:
...Smart reads China exit Wealthy Chinese are moving billions of dollars out of the country by buying everything from overseas luxury apartments to insurance policies and gold bars amid growing concerns about...
...Private lenders including Ares Management, Oak Hill and Blue Owl stepped in to provide a $4.8bn senior private loan....
...Henry Cheng’s acquisition of the company was “brilliant move number one”, says James McBride, CEO of Nihi hotels and an industry doyen of almost 40 years....
...Blue Owl, Ares, Oak Hill, HPS Investment Partners, Oaktree and Elliott Management were among the investors that agreed to lend the $4.8bn this week....
...Nuveen bought European debt manager Arcmont last year, while T Rowe Price purchased Oak Hill for $4.2bn in late 2021....
...She has put up her Miami Beach apartment to secure a $2mn bond imposed by the court in exchange for her release from custody....
...Before he turned 40, Black had risen to become Drexel’s head of mergers and acquisitions. One of his clients was Carl Icahn, who used Drexel funds to take over Trans World Airlines in 1985....
...“I’ve been to the store many times when visiting NYC, whether just to browse or to buy presents or to work on the acquisition,” says Arnault....
...Morgan Stanley veteran Jeff Hogan has joined Wells Fargo as co-head of global mergers and acquisitions....
...The $18bn distressed debt investor Strategic Value Partners seized control of the owner of US retail properties such as Rolling Oaks Mall in Texas and Tippecanoe Plaza in Indiana in a transaction approved...
...The rewards, such as a recently arrived pair of breeding golden eagles, come slowly. It’s a similar tale of patience at Ardross....
...Not every acquisition has been a success....
...increasingly influential crop of lenders also financed the $6.2bn takeover of Vista-controlled cloud service provider Datto by its rival Kaseya on Monday, with Golub, Blackstone, Ares, Owl Rock Capital, Oak...
...SCOTUS The Supreme Court will hear oral arguments in the 303 Creative LLC vs Elenis case....
...Just days after striking that deal last summer, Blackstone made a play for affordable housing, convincing insurance company AIG to sell a $5.1bn portfolio of apartments that have received government subsidies...
...During that time, he says he paid for her to live in an upscale Manhattan apartment and lent her nearly $1mn....
...Mariner Wealth announced its ninth acquisition of the year last month, while Mercer Advisors scooped up 15 RIAs this year....
...There is much more room for allocations in the wealth management channel to increase,” said Rob Sharps, chief executive of T Rowe Price, which last year bought alternative credit manager Oak Hill....
...Lex recommends the FT’s Due Diligence newsletter, a curated briefing on the world of mergers and acquisitions. Click here to sign up...
...Take Soaring Eagle Acquisition, a Spac set up by former Hollywood executive Harry Sloan, whose deal to take DraftKings public in 2019 is considered by some as the catalyst for the blank-cheque company boom...
...Texas-based RealPage provides online services for property owners, including marketing apartments and operating online billing....
...“I love the art of acquisition . . . My wife goes to bed at 11, and I wander around and I rehang things in the apartment. That’s a form of relaxation.”...
...It’s worth keeping an eagle eye on the vagaries of travel advisories if only to get to these....
...What these and later acquisitions shared was glorious colour, strong compositional structure and powerful expression....
...There are the old oak, pine and cherry trees on the perimeter that conceal almost all views of the Tokyo skyline....
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