Hints and tips:
...CAA top executives including co-chair Bryan Lourd could sell a 5 per cent stake in the deal, reducing their holding in the business to about a third, according to documents shared to potential lenders....
...V at the Empire Exhibition in London, and the first commemorative stamps being issued in Great Britain....
...FT Live event: Future of Asset Management Asia The Future of Asset Management Asia is taking place for the first time in-person on 11 May at the Westin Singapore and will bring together Asia’s leading asset...
...The Pinault family’s deal values CAA’s equity at $5.4bn. When accounting for its debt, the company is valued at more than $7bn....
...The PIF venture arm also recently disclosed its partnerships with nearly 40 US venture firms, including Andreessen Horowitz, Coatue Management, and 9Yards Capital, where former UK chancellor George Osborne...
...This passion goes back to shooting’s zenith 100 years ago, when success was measured by the size of a hunt’s bag: a party led by George V holds the record for killing 3,937 pheasants in one day....
...The biggest jump came on November 10, when the S&P 500 leapt 5.5 per cent after the US reported a more gradual inflation rate than economists expected....
...In an attempt to win over William, Harry turned to Google, calling up images of their bearded ancestors Edward VII and George V in uniform. Why do beards get some people so hot under the collar?...
...Each was documented by a signed and countersigned contract, which specified “a simple interest rate of 5 per cent per annum”....
...Share your ideas with us at imani.moise@ft.com and sid.v@ft.com. Happy reading!...
...It isn’t difficult to see why Credit Suisse might want to please regulators following a number of scandals, including its $5.5bn loss from Archegos Capital Management’s collapse and investments in funds...
...This segment accounted for 5 per cent of the capital that Apollo raised on average between 2018 to 2020, and the firm hopes to grow that to at least 30 per cent, Stephanie Drescher, Apollo’s chief client...
...Having joined Sotheby’s as a management trainee, Kraft became managing director of its European real estate department in 1998 at the age of 26....
...ARKK owns more than 5 per cent of 17 different companies....
...Athenahealth was founded by Jonathan Bush, nephew of former president George HW Bush, and specialises in digitising health records and in electronic claims and billing....
...Venture capitalists Sequoia and Paradigm bought 5 per cent of the company for $1.15bn, valuing it at $22bn....
...Powell was born on April 5, 1937, in Harlem, New York, the second child of Luther and Maud Ariel Powell, who had immigrated from Jamaica in the 1920s....
...It doesn’t disclose the size of KKR’s stake — but it does say the deal values Cegid at €5.5bn. The firms have a history of being involved in the same deals....
...By comparison, global equities are flat on the year, while Bloomberg’s broadest bond index has returned 5.2 per cent....
...Neither of us drink wine: Scotland’s restaurants opened before England’s, on condition that diners remain dry....
...‘Perfect scenario’ Those look like V-shaped projections, Andrew Glenn thought to himself....
...The meal discounts will only apply on Mondays, Tuesdays and Wednesdays and be limited to up to £10 per diner....
...Alvarez & Marsal has hired Devean George as a managing director in its global transactions advisory group in London. He joins from PwC....
...“What you’re seeing is an expectation of a V-shaped recovery and that may prove to be too optimistic.”...
...Along with developer Telereal Trillium, owned by the Pears family, it bought 5,500 commercial properties across England and Wales from Network Rail in 2018....
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