Hints and tips:
...White & Case has hired Alan Bao as a partner in Beijing to join their mergers and acquisitions business. Bao joins from O’Melveny....
...In Italy, Vodafone has also held informal talks about a potential merger or partial disposal of assets with Swisscom-owned Fastweb, according to people close to the two companies....
...Second, criminal ransomware gangs, often linked to Russia, are increasingly targeting poorly protected corporate vendors and subsidiaries....
...Amid New Orleans festivities, rainmakers wonder if the party is over for Delaware Delaware, Inc. may be the enterprise now under the most intense activist threat....
...But it also has exposure to French football through a €1.5bn investment in a commercial subsidiary created in 2022....
...The PGA Tour has also held talks with several potential US investors, including Fenway Sports Group, owner of Liverpool FC and the Boston Red Sox; Liberty Media, which controls Formula One racing, and a...
...Whether the acquisition is approved or blocked by US authorities for national security reasons, Nippon Steel’s current dilemma has significant implications for Japan Inc as companies pursue growth outside...
...The bank realised an additional $6bn in losses tied to the merger, which has been less profitable than originally expected....
...Spanish renewables group Iberdrola has called off its planned $8bn acquisition of PNM Resources, cancelling a deal that would have transformed its Avangrid subsidiary into one of the biggest companies in...
...“But Dai-ichi Life is clearly on the conservative side and people will look at it and say that’s Japan Inc. It’s great news for M&A in Japan.”...
...Those spoils could include Byju’s subsidiary Great Learning, which offers online higher education courses....
...Many have been trying to sell their Russian subsidiaries but any deal requires Moscow’s approval and is subject to huge writedowns....
...The two hedge funds — Odey European Inc and OEI Mac, were subsequently suspended....
...The start-up is a subsidiary of the world’s biggest gene sequencing company Illumina, which acquired it for $7bn in 2021....
...Under the terms of the transaction Merck is acquiring Prometheus through a subsidiary....
...plebs wonder if UBS is now too big, and rubes muse whether global banks can ever really be smoothly wound down, the crediterati have been speculating whether Credit Suisse actually defaulted in its forced merger...
...April 30, 2021: Dapper Labs, Inc., the company behind NBA Top Shot and the Flow blockchain, today announced US$250M in new funding. Led by Coatue . . ....
...Illumina is running Grail as a subsidiary while it battles the EU order....
...Francis deSouza, Illumina chief executive, told the Financial Times in an interview last month that the political climate in the US and EU had become more hostile to mergers and acquisitions....
...But we found evidence of links between Xela Holdings and a number of Suncity subsidiaries....
...Trade Secrets is edited by Jonathan Moules Paris Saint-Germain is owned by the Qatari state, not by a subsidiary of Qatar’s sovereign wealth fund as originally reported....
...DCG’s subsidiary, crypto broker Genesis, suspended withdrawals after the collapse of FTX and is racing to raise capital and avoid bankruptcy....
...Chelsea FC’s new owner, Todd Boehly, has also invested in DCG through his Eldridge investment group....
...Dan Prieto, a partner at Jones Day, which acts as legal counsel for LTL, said the ruling would not prevent companies from pursuing divisional mergers or a restructuring prior to making a bankruptcy filing...
International Edition