Hints and tips:
Related Special Reports
...“If a group of partners came along and said, ‘join our lawsuit’, I would not have wanted to sign away my right to do that,” the former partner said. Grant Thornton declined to comment....
...As well as paying off obligations to retirees, the new structure involves repaying capital to current and former partners....
...Under Ardian’s ownership, the company has grown both organically and through acquisitions which have expanded its footprint in large markets such as the US....
...The cash from New Mountain, together with some debt financing, will be used to return capital to current partners, buy out retirement obligations to former partners and build a war chest for investment,...
...A shareholder vote to approve a deal between a special purpose acquisition company called Digital World Acquisition Corporation and Trump Media & Technology Group is planned for Friday....
...for mergers and acquisitions....
...The UK has also imposed sanctions on Fridman and Aven, as well as their LetterOne partners German Khan and Alexei Kuzmichev....
...Jana Partners, the prominent US activist fund with around $2bn in assets, announced on Wednesday that it would work alongside Cannae Holdings, a financial sponsor holding company....
...Emanuel will roll his equity holdings into the privatisation alongside other Endeavor executives....
...TPG sold a controlling stake in the talent agency CAA to Artémis, the holding company of the Pinault family, at a $7bn valuation....
...Some of the biggest deals struck in the quarter included Capital One’s $35bn acquisition of Discover Financial, and chip design toolmaker Synopsys’s $35bn takeover of engineering software maker Ansys....
...In response, the Spanish government ordered a state holding company to take a stake in the “strategic” company as a counterbalance. Additional reporting by Ivan Levingston in London...
...With Labour holding a big lead in opinion polls over the Conservatives ahead of the general election expected later this year, any change of view by the main opposition party could be problematic for the...
...Trading volume for TMTG, which last month merged with Digital World Acquisition Corp, was double its 20-day average early on Friday, according to Bloomberg data....
...In 2012, Bill Ackman convinced 3G Capital to merge with Justice Holdings, a UK special purpose acquisition company, sponsored by the hedge fund manager, Martin Franklin and Nicolas Berggruen....
...Since announcing plans to launch two Orient Express-branded superyachts early last year, Accor has been seeking a partner to bankroll the majority of the capital expenditure associated with the cruise liners...
...The other partner in the joint venture is US fund manager RedBird Capital....
...Rothschild set up RIT Capital Partners, a listed investment trust investing in public and private markets that he chaired for more than 30 years....
...And a court fight to start: A former top investment banker at Centerview Partners did not strike a valid agreement to become a full-fledged partner at the elite advisory firm during a restaurant meeting...
...Co-founder Steve Koltes, who stepped down from CVC in 2022, is also set to sell down his stake, reducing his holding from about 43.5mn shares to just over 41mn....
...White & Case has hired Alan Bao as a partner in Beijing to join their mergers and acquisitions business. Bao joins from O’Melveny....
...Partners at the firm took home an average of £1.06mn during the period, which was the highest average partner pay among the Big Four last year....
...His investment vehicle was ultimately paid $578mn for part of its equity holdings in WeWork....
...GIC disposed of its roughly $300mn holding at a discount, leaving the Singaporean fund with a loss on its investment, according to people familiar with the matter....
...Actis is General Atlantic’s largest acquisition, pushing the New York-based investment group to nearly $100bn in total assets....
International Edition