Hints and tips:
...Then 3G Capital went on an acquisition spree....
...In another reported exchange, Forlano replied that “Rigatoni”, a nickname for Viggiano, “literally works for” Blackstone, and Bleckley responded, “F[**]k u should’ve told me f[**]k the feds.”...
...The mega-deal — first reported by the FT last Friday as talks were ongoing between bidders GTCR and Advent International — has caused banks that have been hesitant to make large lending commitments to step...
...The company had ridden growing interest in online learning during lockdowns to raise more than $2.5bn in equity from investors, touching a valuation of $22bn and making a series of high-profile acquisitions...
...Alex Ibrahim, NYSE’s head of international capital markets, said exchange officials had been “spending a lot of time focused on south-east Asia, more so than in previous years, and I think this will continue...
...Nuclear power is having something of a renaissance....
...It was a filing made by an entity named FCM BBBY Holdings, LLC which listed its address as a nondescript Wyoming office building....
...The International Energy Agency has said nuclear generation needs to double by 2050 to hit net zero targets....
...This one was held on the second Saturday in March, a date that may have been chosen sardonically because it coincided with International Women’s Day....
...MSCI is particularly dominant in international indices and has close links with BlackRock. (Many of its exchange traded funds track MSCI gauges.)...
...The ex-KKR dealmaker waging a campaign on a K-Pop machine Activists have historically held little sway in South Korea....
...It has already breathed new life into struggling UK toy chain Hamleys, which became Reliance’s first international retail brand in 2019....
...Last year, it completed the $600mn acquisition of Canadian company Wattpad, a platform for user-generated written content with 94mn users of its own....
...SAS co-founder and longtime chief executive Jim Goodnight is famous for building a nurturing work culture....
...And earlier this month, Advent International and Permira Advisers struck a deal to take cyber security company McAfee private in an LBO valued at almost $15bn....
...Do they look at other acquisitions as Endeavor did with UFC?” he said. Still, CAA is a dominant force in film, TV, music and sports....
...Smart reads Setting the stage From K-Pop megastars to Netflix’s record-shattering show Squid Game, South Korea is churning out content gold at a record pace....
...The contest between private equity group Carlyle and Philip Morris International over inhaler manufacturer Vectura was set to be settled the same way before Carlyle ruled out increasing its bid....
...On Friday, the private equity firm Carlyle raised its offer for UK inhaler-maker Vectura, outbidding the tobacco group Philip Morris International....
...group of 50 international schools in a deal that values it at €1.9bn....
...The Takeover Panel, which oversees UK mergers and acquisitions, said it granted the extension in the light of the grocer’s decision to delay a shareholder meeting to vote on the Fortress offer....
...Drop us a line and join the conversation: Due.Diligence@ft.com Spacs: full throttle We’ve talked a lot in DD about special purpose acquisition companies and how the boom in blank-cheque listings is upending...
...But the demands also largely mirrored those made by international investors for years as they have struggled to unshackle Korea Inc from opaque corporate governance structures common among the chaebol....
...China’s largest chipmaker Semiconductor Manufacturing International Corporation is “verifying” reports that its co-chief executive Liang Mong-song has abruptly quit. More here....
...DD notes that Jacobs has a more engaging personality than many top bankers in the City, which may give the South African a leg-up with certain international clients....
International Edition