Hints and tips:
...Then, RedBird IMI would trigger a debt-for-equity swap to gain control of the Telegraph. And there is another reason why this could be a masterclass in dealmaking....
...And: One of Europe’s largest activist investors Cevian Capital has made gains of almost 20 per cent this year, helped by the strong share price performance of building materials group CRH, which this year...
...employment; Guglielmo Castelli, the Turin-based painter, is bringing his first major institutional exhibition Improving Songs for Anxious Children to the city’s Palazzetto Tito; and Francesca Amfitheatrof...
...The €161bn-in-assets private equity firm intends to sell shares in an entity that will receive its management fees, as well as part of its carried interest — the share of gains it gets when exiting profitable...
...External window shading — large, barn-like timber-slatted screens on the ground floor as well as blinds for the roof windows — reduces solar gain and thus the need for cooling....
...The gain is solid, especially after it borrowed $280mn against its shares to juice its equity returns. But investors aren’t the only ones reaping big gains....
...The deal struck on Thursday is the latest sign of a business that is seeking to gain exposure to more in-favour investment strategies, reports DD’s Will Louch and Antoine Gara and the FT’s Harriet Agnew....
...As well as offering a sense of how her practice deepened and developed during her productive final years, they emphasise how much her art gains from intimacy....
...Smart reads Rouble arbitrage Wall Street chiefs were eager to boast big trading gains last year....
...Camp Citadel Hedge fund billionaire Ken Griffin has spared no expense in fostering the next generation of highly specialised traders, Bloomberg writes, opening math boot camps across the world to gain an...
...The sales, which have mostly come as investors began pulling out cash amid fears over property valuations, have created about $2.5bn in gains for Breit....
...after loan requests top $1bn (FT) CBI in merger talks with Make UK (FT) BAT sells Russian business to local management (FT) Smurfit Kappa/WestRock: packaging combination should offer more than paper gains...
...Related stories Thai opposition Move Forward gains ground as election nears Thailand’s sex workers hope election will change their lives Thai vote Sunday offers chance for change: Five things to know...
...On Thursday, Rowan warned of a bleaker future for the buyout industry, as dealmakers are forced to work overtime for their gains, instead of riding a wave of cheap money and soaring valuations....
...Like George Soros, he made huge gains shorting the pound ahead of Britain’s exit from the European exchange rate mechanism in 1992....
...The Berlin-based investment group’s chief executive, Oliver Samwer, once told colleagues to adopt “blitzkrieg” thinking in order to gain market share....
...The reason for its recent gains is twofold....
...He now wants to diversify those gains “to create an enterprise equivalent to his energy interests”, according to one of his advisers....
...However, he holds no equity in OpenAI — excluding a small stake via Y Combinator from the time he was president — meaning he wouldn’t directly gain from its dramatic increase in valuation....
...Should Ping An keep pressing for a split despite these financial gains and the recent vote against it, some senior HSBC executives believe it “would suggest this is politically motivated rather than return-on-capital...
...News round-up Australian lithium producer Allkem strikes merger deal with US rival Livent (FT) Glass Lewis backs Carl Icahn’s bid to oust Illumina chief and chair (FT) First Citizens makes huge gain on...
...One thing to start: A group of 255 of the UK’s top private equity dealmakers earned £2.7bn in carried interest in a single year, the kind of gains that have drawn scrutiny from politicians threatening to...
...That choice, and the fact that this year’s S&P 500 gains have predominantly been driven by just a handful of growth stocks, has contributed to the lagging performance of mutual funds....
...The inability to realise gains is prompting firms to get creative to return money to their backers....
...Currently, the payments are classed as a capital gain, so are taxed at 28 per cent rather than at the 45 per cent top income tax rate....
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