Hints and tips:
...A forensic audit by KPMG launched after the Viceroy allegations also found that Caner was paid €12.6mn for undocumented “advisory services” in two M&A transactions, while Adler Real Estate also bought some...
...“The management is running the business,” Caner said. “I’m not talking to the banks for the company, I’m not talking to anyone for the company....
...The investigation also uncovered that Caner was paid €12.6mn for undocumented “advisory services” in two M&A transactions, while Adler also bought some of Aggregate’s bonds in an undisclosed transaction....
...The investigators also found €12.6mn in payments for undocumented “advisory services” to Caner in two M&A transactions....
...Moelis has promoted Anton Sahazizian to global head of M&A. He was previously head of US M&A at the bank....
...Smart reads Party’s over Property mogul Cevdet Caner used juicy fees and champagne-soaked yacht parties to woo bankers and raise €8bn in just a few years....
...Sidley Austin has hired Tony Downes as a partner in its M&A and private equity practice, based in London. He joins from Proskauer....
...Caner’s critics fail to see the funny side....
...The caning on the chairs is by the last caner in Lebanon. If we can sell enough, it will finance an apprentice so the skill can continue.”...
...“I'm just not sure this is just an economic downturn, you’ve got structural and economic issues, that’s the worst [situation] you can be in,” he said....
...I’m sure they’d like to do something bigger.”...
...Although the deal was not a traditional acquisition, it still counted on M&A league tables....
...Pinar Ergun, analyst at UBS, says this compares unfavourably to L’Oréal, the French cosmetics group....
...The “likelihood of Nestlé buying L'Oréal is low”, said Pinar Ergun analyst at UBS....
...“I’m definitely expecting a second round of consolidation,” says Mehmet Sami, a board member at Ata Invest....
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