Hints and tips:
Related Special Reports
...By last week, an off-the-cuff comment by the chair of the Saudi National Bank, by now Credit Suisse’s largest shareholder, about refusing to invest any more into the group — combined with jitteriness over...
...the product of so many mergers and demergers that they only just about resemble the companies they were in 1984....
...News round-up Axel Springer strikes landmark deal with OpenAI over access to news titles (FT) Apollo plots £5bn takeover of Pension Insurance Corporation (Sky News) Bain Capital buys controlling stake...
...While the Fed, the OCC and Federal Deposit Insurance Corporation have the authority to block deals under banking laws, the US Department of Justice may challenge bank mergers citing antitrust statutes....
...News round-up Apollo, Carlyle and KKR weigh bids for Pension Insurance Corporation (FT) US fund Corvex urges Entain to turn around ‘unacceptable’ performance (FT) Campari buys Courvoisier Cognac from...
...Lending can also be structured to mimic the effective price-insurance provided by acquisition authorities....
...Lawyers for Camshaft said the fund “vigorously denies the statements made” in the legal filings by Glas Trust, without elaborating....
...The Tampa Bay Buccaneers of the National Football League are owned by the Glazers, while Kroenke owns the Los Angeles Rams, a rival NFL team....
...It was still boom times for blank-cheque companies and McPike’s family office Rimu Capital decided to use $25mn to buy up shares and warrants in his Spac, 26 Capital Acquisition Corporation....
...The failure of one of Drexel’s biggest clients, the Executive Life Insurance Company, destroyed the retirement incomes of thousands of Americans....
...Private equity eyes a payments mega-deal Fintech giant Fidelity National Information Services is working on plans to sell a majority stake in its Worldpay merchant payments unit to private equity buyers...
...It is also known for financing entrepreneurs who create platform companies to consolidate industries like insurance....
...And now the Conservatives are led by someone whose plan for the election is to go into it going, we will keep cutting public spending until we have reduced it by enough to eliminate national insurance....
...“Liquidity stress testing/rules present an area where all countries need to do more work,” says Sheila Bair, former chair of the US Federal Deposit Insurance Corporation....
...Corporation’s hands....
...Tactics such as patent thickets and “product hopping” by launching new drugs based on the original medicine are not barred, as long as a company is careful and employs enough lawyers....
...Those passions would come in handy in the last two weeks as the Federal Deposit Insurance Corporation tapped Snyder, a Weil Gotshal lawyer-turned-banker, to sell Silicon Valley Bank and Signature Bank....
...Meanwhile Truss confirmed that Kwarteng’s mini-Budget would reverse a recent rise in national insurance and cancel a planned increase in corporation tax....
...And one scoop to start: Credit Suisse provided funding for Greensill Capital to set up its own in-house insurance firm, weeks after the supply-chain finance company’s main insurer refused to renew its policy...
...You’re damned if you do and you’re damned if you don’t’ Sheila Bair helped lead the response to the 2008 financial crisis as head of the US Federal Deposit Insurance Corporation....
...Some industry watchers see the appointment of Braham, a former mergers and acquisitions lawyer, as a sign the board will explore a sale or a break-up....
...There’s no useful means of self-sabotage available, as demonstrated by Musk's sustained public shitbagging of a company he’s now being forced to buy....
...Where Truss was wrong was in pledging to reverse the rise in national Insurance, which was designed to help clear the NHS backlog and fund social care....
...Regulators seem unwilling to take the US tech company’s word for it....
...It’s expected to be the country’s biggest listing by fundraising value, raising up to $8bn. (Payments company Paytm raised $2.5bn last year.)...
International Edition