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...The US-based group will make its investment from a $24.4bn fund raised in 2021 that is one of the largest funds dedicated to private equity deals....
...Companies including Pfizer and the law firm Morrison Foerster have also opened up diversity fellowships to students of all races....
...The selection process was hit by controversy when Baldwin warned executives they risked breaching UK age discrimination laws as they sounded out senior partners on his candidacy....
...Private equity groups have taken a greater interest in the sector in recent years as consolidation has gathered pace....
...Additional reporting by Stephen Foley in New York, Simon Foy in London and Chan Ho-him in Hong Kong This article has been amended to correct the spelling of Perkins Coie...
...By the end of September, his personal debt to the tech group topped $5bn....
...A wave of insurance brokerages including Hub Group and Integrity Marketing Group have taken private equity cash....
...stephen.foley@ft.com...
...A Senate committee is investigating how Saudi Arabia is using “soft power” such as sports investments to extend its influence in the US, and lawmakers assailed the consulting groups for their work in the...
...The EU has launched probes into Apple, Alphabet and Meta in the first use of a landmark new law designed to rein in Big Tech’s market power....
...introducing new powers to allow ministers to prevent a foreign state from owning a British news organisation, as pressure mounts from within the ruling Conservative party to block the takeover of Telegraph Media Group...
...Don Susswein, head of the partnership tax group in the Washington national tax office of the accounting firm RSM, said the case was the most important tax dispute to come before the Supreme Court in a century...
...As the FT reported in 2020, Apollo’s outside law firm, Paul, Weiss, conducted an investigation about the firm’s expense practices....
...The £600mn takeover of the Telegraph Media Group by Abu Dhabi-backed RedBird IMI could face an in-depth regulatory review, giving the UK government more time to change the law to formally block the deal...
...PwC tipped off Google on the timing of a controversial Australian tax law, based on inside information gleaned by one of the accounting firm’s partners, it has been revealed....
...that member states may not request the commission to examine a concentration which does not have a community dimension, even where they have no competence to review such a concentration under national law...
...Linklaters has elected 27 new partners globally, with the majority falling within the law firm’s corporate division....
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...Such risks may explain why a recent survey by Moore Global, a network of accounting firms, found that law firms were notably less excited than accounting and finance groups to invest in AI, and more likely...
...“After an investigation, we found that this employee stole numerous documents, and we quickly referred the case to law enforcement....
...The results prompted the FT’s Stephen Foley and DD’s Ortenca Aliaj to take a look at TMTG’s auditors, BF Borgers, which has been doing the company’s accounts since 2022....
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