Hints and tips:
...Kleinman said H&F’s investment could double in size over time as it funds future acquisitions....
...But discrepancies in pay and culture can make integrating such acquisitions complicated....
...“If you wanted to mirror Citadel as an example for collecting data, I think it would take a lot of time, a lot of money . . . so we are spending a lot of time and effort trying to develop our own AI machines...
...“There’s a lot of volatility with a lot of fits and starts in the pace of activity,” said Stephan Feldgoise, global co-head of M&A at Goldman Sachs....
...“[It has] a lot of talent flocking to it.”...
...Then 3G Capital went on an acquisition spree....
...But a lot of players would probably be shaken out of the trade pretty quickly. His suggestion for stress tests of banks to solve this is pretty weak....
...The cases against Meta have now really been reduced to two acquisitions: Instagram and WhatsApp. But we’ve got a statute for dealing with acquisitions....
...“For too long, we saw a lot of consolidation, which did not have benefits, but rather came at some costs....
...The new reporting structure is aimed at increasing investors’ understanding of KKR’s ability to reinvest its profits internally — growth that doesn’t require it to add lots more staff....
...Audax rolled six acquisitions into Mobileum, more than trebling its revenues from $69mn in 2016 to $242mn in 2021. “They do a lot of those tuck-in build-ups....
...“Nobody thought Dell was worth a whole lot . . . they did some clever financial engineering and created a lot of value.”...
...One person familiar with the activists’ thinking said Entain had suffered from “a lot of self-inflicted wounds”....
...That makes it a valuable asset to own in the battle for streaming supremacy, one that has already cost these two a lot of money....
...A lawyer familiar with the situation said he expected “Byju’s to drive a lot of M&A in the coming months”....
...“We’ve been through a lot of wars with these guys,” Sine told the FT....
...Henry Cheng’s acquisition of the company was “brilliant move number one”, says James McBride, CEO of Nihi hotels and an industry doyen of almost 40 years....
...The richest man in Vietnam just got a lot richer....
...“We’ve been through a lot of wars with these guys,” Sine told the Financial Times....
...The brand has seen its digital market share grow, boosted by a new partnership with Amazon and its acquisition of digital direct-to-consumer lingerie business Adore Me in January....
...“There are currently a lot of portfolios changing hands. It’s not just PacWest,” Joel Holsinger, co-head of alternative credit at Ares, told the FT “This is the first inning.”...
...Two weeks ago ViaSat closed its acquisition of Britain’s Inmarsat....
...I think those firms that have gotten a lot bigger in credit and mezzanine credit could live to regret that.”...
...“It will be a very difficult road, and we will have to put in a lot of effort,” he said. “But there’s only one road ahead.”...
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