Hints and tips:
...TPG sold a controlling stake in the talent agency CAA to Artémis, the holding company of the Pinault family, at a $7bn valuation....
...I’m still slowly recovering from a very bad cold that I caught at the Mobile World Congress in Barcelona two weeks ago — but at least I’ve got my voice back!...
...He describes Publicis as “shifting from a holding company to a tech platform”, which will “radically change” how it operates its advertising business....
...“I’m not here to win friends and be happy ever after. We obviously have to be respectful....
...Join us on October 17 at the Biltmore Mayfair in London as we gather the biggest names in M&A, private equity and corporate finance, including a deep-dive with FT journalists into short seller Hindenburg...
...I’m sure most investors are aware of this risk when they go in,” given that it will be outlined in the ETF’s prospectus....
...Freshfields Bruckhaus Deringer has hired M&A lawyers Noah Carr and Gordon Palmquist as partners in Tokyo. They join from Latham & Watkins and Mayer Brown, respectively....
...Join us on October 17 at the Biltmore Mayfair in London as we gather the biggest names in M&A, private equity and corporate finance. DD subscribers get a special discount....
...The Pinault family’s holding company Artémis, whose other holdings include a controlling stake in luxury group Kering and auction house Christie’s, plans to use $2.8bn in equity and $425mn in debt to buy...
...“She got up and stood there holding her stupid knock-off Kate Spade bag or whatever it was, her hair pulled back into a ponytail and crowned with a useless, plastic, tortoiseshell headband,” notes the narrator...
...“Banks are nervous to underwrite single-B credit with M&A timelines which could be six months of holding the risk,” said Lauren Basmadjian, co-head of liquid credit at Carlyle....
...I mean, it's amazing to me now, as we sit here today, that we have an International Space Station that is still holding together an international coalition....
...Dealmaking deterrents Japan’s problematic equity “cross-holdings” could hypothetically broker a $20bn takeover “for free”, the FT’s Leo Lewis explains. But the country is only ripe for M&A in theory....
...M&A lawyer Jon Bowden has joined Freshfields Bruckhaus Deringer as a partner in Singapore. He joins from White & Case....
...to acquire Getty Images Holding, Inc....
...We’ll see how other big tech companies are holding up. Meta reports its earnings today, and Amazon is up to bat on Thursday....
...I’m Harriet Agnew, Asset Management Editor, back in the hot seat from Argentina, where I spent a month-long crash course on black market currency trading and living with hyperinflation sabbatical....
...“I am not sure how many investigations we will actually launch and I’m not sure it will be an efficient allocation of resources,” he said....
...that’s holding back asset gathering. Anyway, Ark Invest remains admirably transparent about what it’s doing....
...I’m excited to see where this ends up in a couple of years’ time.”...
...Finback was considering buying a stake in Gideon Cyber Systems LLC, according to the term sheet....
...Consumers are definitely holding back on in-app purchases, versus a year ago....
...There’s this phenomenon that got its name in early VR days: gorilla arm [fatigue from holding a device in the vertical plane]. You’re just not strong enough to do that. It gets tiring after a while....
...Wilson Sonsini has hired Jason Breen as a partner in its M&A practice, based in Los Angeles. He joins from Goodwin Procter....
...Investment banks, hamstrung by new regulations like the 2010 Dodd Frank Act, were curtailed from holding risky assets such as low-rated debts, which has limited their ability to finance many deals....
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