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...offer put to them by management last week....
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...BDO last year took an alternative approach, opting to convert to an employee-owned corporation, funded by private debt....
...Reach last year announced 450 roles would be axed. Other media groups are also looking at deals involving their customer data, according to industry executives....
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...Desai’s AND Partners LLC will provide services including “research on considerations around potential imposition of sanctions administered by the United States Office of Foreign Assets Control upon [Troost...
...The Financial Times last week asked Apollo about its billing practices after the appeals court ruling....
...Authentic owns several fashion brands, including Juicy Couture and Nine West, and last year it bought the intellectual property of upmarket wellington brand Hunter Boots after it collapsed into administration...
...Firms that have shorted the stock include London-based Marble Bar, CapeView Capital and Kuvari Partners....
...The other partner in the joint venture is US fund manager RedBird Capital....
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...A new group including Mubadala, Michael Dell’s family office, Goldman Sachs Asset Management and Lexington Partners will also invest cash into Endeavor....
...An in-depth CMA probe would probably last until after the election....
...Peltz abandoned an attempt to secure a single Disney board seat in February last year after Iger initiated a series of cost cuts and pledged to reinstate a dividend....
...Rothschild set up RIT Capital Partners, a listed investment trust investing in public and private markets that he chaired for more than 30 years....
...Partners at the firm took home an average of £1.06mn during the period, which was the highest average partner pay among the Big Four last year....
...Since announcing plans to launch two Orient Express-branded superyachts early last year, Accor has been seeking a partner to bankroll the majority of the capital expenditure associated with the cruise liners...
...Benchmark’s voluble partner Bill Gurley last week took to X to suggest that the Mangs had found a new way to “goose [their] revenues”. “Expect a massive mess in the end,” he predicted....
...Multi-manager hedge fund Freestone Grove Partners, led by a former Citadel portfolio manager, launched with $3.5bn last week, according to one person with knowledge of the matter....
...“There have been fewer LBOs and therefore less new loan volume,” said Michael Patterson, a governing partner at asset manager HPS Investment Partners....
...Last year Yu teamed up with short seller Cyrus de Weck to form a new hedge fund, General Industrial partners, which is now associated with Gotham City....
...No final decision on a deal has yet been made, the people said, and any transaction would require the agreement of Founder Securities, the Chinese joint venture partner that owns a 49 per cent stake in the...
...Last month, General Atlantic agreed to roll most of its 52 per cent stake in software group EngageSmart into a $4bn buyout led by Vista Equity Partners, two years after General Atlantic listed it on the...
...No, they are being paid this money because baseball revenues have quintupled [over the last 30 years],” he added....
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