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...This is an audio transcript of the Life and Art from FT Weekend podcast episode: ‘L&A — What young wine drinkers want’ Lilah Raptopoulos This is Life and Art from FT Weekend. I’m Lilah Raptopoulos....
...“It will help us turbocharge the Android and Chrome ecosystems, bring the best innovations to partners faster . . . and internally, it will also speed up decision making.”...
...That partner has now arrived in the form of LVMH-backed private equity firm L Catterton and a deal that will bring down the curtain on Tod’s more than two decades as a public company on the Milan stock exchange...
...public markets and M&A since 2020....
...CVC Capital Partners, General Atlantic and L Catterton are among the prominent private equity groups considering going public, the Financial Times has previously reported....
...If I told people I’m a British EV start-up, they would also not believe me.”...
...The two companies are expected to report combined revenues of about $8bn for 2023 and have worked together as partners for seven years....
.... ©2024 Nikkei Inc. All rights reserved....
...The Federation Internationale de l’Automobile (FIA), which governs motorsport, has agreed to let Michael Andretti add a team to the grid....
...Cranemere Group has appointed Bernardo Hees as an operating partner....
...I’m putting this author on my must read list for the future....
...Oddi Aasheim, a partner at FirstHuman, a leadership coaching company, says some corporate sectors value traits such as ruthlessness and selfishness more than others....
...Global Infrastructure Partners was different....
...“I’m always so happy to be back in this remarkable city,” he wrote in a post on Chinese social network Weibo....
...“Many business partners are pulling back and are afraid to invest . . . This is an opportunity for our development,” He said....
...“I’m very happy with them.” This article has been amended since publication to clarify that the valuation Douglas is seeking includes debt...
...Revlon’s law firm, Paul Weiss, billed nearly $60mn with partners charging more than $2,000 per hour for their efforts....
...When L’Oreal needed online descriptions across thousands of its different beauty products for retailers around the world, WPP was able to use AI to create a unique page for each....
...White & Case has hired M&A and private equity partner Sten Olsson in Helsinki. He joins from Hannes Snellman....
...The two Orient Express-branded yachts are being constructed by French shipbuilder Chantiers de l’Atlantique and are expected to launch in early 2026 and early 2027, respectively....
...“Transformative M&A has arrived,” Jefferies analyst Dan Fannon wrote in a note....
...I’m gonna wait and buy it at the bottom’,” said Stephen Dyer, partner and managing director at consultancy AlixPartners in Shanghai. “It actually slowed down sales when that happened.”...
...This business is aiming to merge with L Catterton Asia Acquisition Corp, a special purpose acquisition vehicle, or Spac, listed on the Nasdaq exchange and founded by LVMH-backed investment group L Catterton...
...“There have been fewer LBOs and therefore less new loan volume,” said Michael Patterson, a governing partner at asset manager HPS Investment Partners....
...No wonder limited partners are wary of committing more money. Perhaps someone needs to tell start-ups that the days of ultra-low-cost funding are over forever....
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