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Games industry
Activision Blizzard hires legal heavyweight to fight UK’s block of Microsoft deal
...Pannick’s appointment follows Microsoft hiring Daniel Beard KC, a top competition barrister, to helm its own legal case over the deal, the Telegraph reported last week....
May 9, 2023
Boeing Co
Boeing in talks to acquire fuselage supplier Spirit AeroSystems
...The plane maker needs a healthy operation there to ensure smooth final assembly for the 737, as well as other programmes Spirit supplies, including the 787 Dreamliner and KC-46 refuelling tanker....
March 1, 2024
FT Live
Due Diligence Live
Where leaders in investment and finance meet
Tuesday, 8 OctoberLondon, UK
South-East Asia
Margins wane for banks in south-east Asia as US interest rate cuts loom
...A version of this article was first published by Nikkei Asia on February 27. ©2024 Nikkei Inc. All rights reserved....
March 7, 2024
Technology
Is rule by WhatsApp sending wrong message on transparency?
...This week its chief counsel Hugo Keith KC said it had received 250 separate WhatsApp groups from over 24 people in addition to thousands of pages of one-to-one exchanges....
November 1, 2023
Due Diligence
Microsoft and Activision refuse to give up the game Premium content
...Manchester City football club has hired Blackstone Chambers’ Lord Pannick KC to defend itself after the Premier League brought 100 allegations of rule-breaking by the English champions, per The Lawyer....
February 9, 2023
FT SeriesRussia in Africa
Wagner Inc: a Russian warlord and his lawyers
...One member of the panel was Justin Rushbrooke KC, one of England’s leading media barristers who had acted for Prigozhin in his case against Higgins....
January 24, 2023
FT Live
Global Private Banking Awards 2024
Celebrating excellence in wealth management
Thursday, 7 NovemberThe Landmark London, London, UK
Social Media
Pinterest admits site was not safe before death of British teen Molly Russell
...Giving evidence, Hoffman said, “I deeply regret that she was able to access some of the content,” adding when pressed by barrister Oliver Sanders, KC, representing the Russell family, that he would not show...
September 22, 2022
The Top LineCaroline Binham
Consultants must hope Rees-Mogg’s Bain ban is not a sign of pain to come
...said barrister Jonathan Fisher KC. “He needs to have acted in a quasi-judicial fashion, otherwise the risk is the whole thing could come crashing down.”...
September 9, 2022
The Weekend Essay
King Charles and the future of the monarchy
...Senior barristers with the title Queen’s Counsel have been instantly transmuted from QC to KC....
September 16, 2022
The Future of Money
US banking’s digital push; processing with Poynt; Revolut’s growing pains Premium content
...Amount of money raised so far: $133m Valuation at latest fundraising: $375m Major shareholders: Matrix Partners, Oak HC/FT, Elavon There are lots of fintechs out there — what makes you so special: Poynt...
May 11, 2020
Altria Group Inc
US agency sues to unwind Altria’s $12.8bn Juul investment
...KC Crosthwaite, Juul’s chief executive, told employees this year that the company’s internal valuation stood at $20bn at the end of the fourth quarter, down from $24bn in the previous quarter....
April 2, 2020
Juul Labs
Juul investors face writedowns after Altria decision
...Juul chief executive KC Crosthwaite told employees the company’s most recent quarterly internal valuation stood at $20bn, down from $24bn at the end of the third quarter....
February 3, 2020
News in-depthJuul Labs
The new Juul chief sent to ‘douse fire’ of vaping crisis
...He has spent his entire 22-year career working for a tobacco company but KC Crosthwaite is keen to demonstrate he is no Marlboro Man....
September 27, 2019
Altria Group Inc
Altria slashes value of Juul stake and loosens ties
...KC Crosthwaite, the former Altria executive who was appointed chief executive of Juul last year, said in a statement on Thursday: “As we continue to reset the vapour category, we are committed to advancing...
January 30, 2020
Due Diligence
America’s bankers: Uncle Sam picks his advisers Premium content
...Chief executive KC Crosthwaite pegged the company’s internal valuation at $20bn as of the fourth quarter, while Altria implied a roughly $12bn valuation with the latest writedown....
April 3, 2020
FT Live
Future of Asset Management Europe
New fund firm models for Europe's resurgence
Tuesday, 12 NovemberLondon, UK
News in-depthThe Big Read
Private equity and Britain’s care home crisis
...Three of the biggest chains — HC-One, Four Seasons and Care UK — are in the hands of buyout groups. Now the sector is in crisis....
February 9, 2020
Altria Group Inc
E-cigarette crackdown prompts shake-up in tobacco sector
...KC Crosthwaite, Altria’s chief growth officer, will replace him....
September 25, 2019
Due Diligence
Tobacco burns: a $200bn merger collapses and a CEO is ousted Premium content
...Taking over from Burns is KC Crosthwaite, the chief growth officer at Altria, which owns a 35 per cent stake in Juul....
September 26, 2019
News in-depthJuul Labs
Changes at the top of Juul Labs give tobacco veterans upper hand
...Nine months after Marlboro maker Altria struck a $12.8bn deal to acquire a 35 per cent stake, Kevin Burns has been replaced as Juul’s chief executive by the tobacco giant’s chief growth officer, KC Crosthwaite...
September 26, 2019
Americas companies
Terra Firma wins legal fight over ownership of care homes
...Britain’s biggest care home operator, HC-One, is also seeking buyers. H/2 was unavailable for comment....
June 22, 2018
FT AlphavilleIzabella Kaminska
London taxi controversies of yesteryear
...And in 1835: HC Deb 17 March 1835 vol 26 cc1118-201118 Mr....
September 25, 2017
FT AlphavillePaul Murphy
Paratek, a pharma firm in play?
...Bar one ‘sell’ (EVA Dimensions), the ‘buy’ spread runs from $36 (Ed Arce at HC Wainwright) to $56 (Robert Hazlett at BTIG). That’s against a market price of $21.80 at pixel....
May 4, 2017
Capital markets
Investors pour more money into EM equity funds
...“As the weeks have gone by it seems like people are settling in to the fact that we are in a very accommodative market from a monetary policy perspective and rates are not going to rise too fast,” said KC...
August 19, 2016
US equities
Boeing shares slide on Dreamliner charge
...Finally, the company will also recognise a $393m charge related to its KC-46 tanker, an aircraft that will be used by the US Air Force for mid-air refuelling of its air assets....
July 22, 2016
US & Canadian companies
Drop in venture capital funding illustrates rising caution
...“We expect 2016 may not be as large in terms of the number of companies funded,” said Ann Lamont, managing partner at Oak HC/FT, a venture capital fund focused on healthcare and fintech....
January 15, 2016

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