Hints and tips:
...“I have been privileged to serve on the board . . . and have been very impressed by the quality of the company’s management and I have tremendous confidence in the future our business,” Goudet said....
...Evercore v Lazard: the boutique turf war Boutique investment bank results are streaming in, and with two of the biggest advisory shops posting their annual figures, we thought it might be a good time to...
...Mr Gueikian, a performer in several rock and heavy metal bands, founded Melody Capital Partners, an alternative asset manager with $1.5bn under management....
...“I am very impressed with all the people I’ve met at Purdue, and with the company’s commitment to support pain management while fighting prescription drug abuse,” said Giuliani in an internal memo circulated...
...Due.Diligence@ft.com Saudi Arabia: The world’s most influential LP Saudi Arabia is busy selling off a piece of its oil company in order to invest in US infrastructure and global technology....
...This transaction is part of Total’s portfolio management strategy, which aims to align the group’s asset base with its business ambition....
...Cooperman said the US Attorney’s Office informed Omega that it “has not completed its investigation but has determined not to pursue charges for the time being pending the Supreme Court’s decision in Salman v...
...Carlyle’s assets under management fell to $176bn, down from $193bn in the same period of 2015....
...Blackstone’s fund, Europe Real Estate Investors V, will target the same returns as its previous one launched in 2014 — a 20 per cent gross internal rate of return, or 15 per cent net of fees....
...Ultimately, their sharpest tool is persuasion, rallying other investors to push management to take action (or eventually joining together to vote out resistant management)....
...But later that year Chaori bondholders were bailed out when a state-owned bad-loan bank, Great Wall Asset Management, stepped in....
...Aberdeen Asset Management and Canada Pension Plan have also voiced opposition to the deal, as has the local company Ilsung Pharmaceuticals, which holds 2 per cent....
...He argued that the appeals court’s “unprecedented ruling” clashed with the Supreme Court’s definition of insider trading established in a 1983 case, Dirks v the Securities and Exchange Commission....
...TPG’s fundraising comes as the group is in the early stages of management change....
...Yet, the potential cost, as well as the distraction, disruption and burden of prolonged litigation on the company and its management team, led the company to decide that the terms set forth in the settlement...
..., B.V....
...Defence lawyers hinge their argument on a leading 1983 Supreme Court decision called Dirks v. SEC....
...after the release of Grand Theft Auto V,” said Edward Woo of Ascendiant Capital Markets, “but it is such a big blockbuster that it gives the company resources to invest and a lot of money for buybacks.”...
...However the head of investor relations at one of TPG’s main rivals said: “LPs [limited partners] want returns, they want to see their money put to work for them....
...Low interest rates have made it possible for buyout companies to refinance the debt of all their highly indebted companies at attractive rates....
...“The deal is expected to value Cabot Credit Management at about £800m including debt, according to people familiar with the asset.” It will be Christopher Flowers’ biggest ever deal in the UK....
...Herbalife’s Audit Committee and management continue to believe that the Company’s financial statements covering the referenced periods fairly present, in all material respects, the financial condition and...
...Today, the group’s flagship TPG V fund is still valued at less than 100 cents on the dollar, as several investments of more than $1bn in equity such as Washington Mutual and Aleris have already gone bust...
...(Financial Times) Sweden’s Hakon Invest is acquiring the 60 per cent of shares it doesn’t own in Nordic food retailer ICA AB for 20 billion Swedish kronor ($3.1 billion) from Royal Ahold N.V....
...And to competition lawyers just about everywhere to get involved… Further to the recent movement in BAE Systems’ share price, BAE Systems plc (BAE Systems) and EADS N.V....
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