Hints and tips:
Related Special Reports
...“If a group of partners came along and said, ‘join our lawsuit’, I would not have wanted to sign away my right to do that,” the former partner said. Grant Thornton declined to comment....
...A group of retired partners, including three former chief executives, are negotiating with the current leadership to try to get a better deal....
...The firm’s largest business, consulting, continued to be its fastest growing, posting revenues up 19.1 per cent in local currency, to $29.6bn....
...A wave of insurance brokerages including Hub Group and Integrity Marketing Group have taken private equity cash....
...Trading in the company’s shares was suspended for 10 weeks in 2020 as PwC, its new auditor, struggled to establish the group’s true financial position in the wake of the accounting scandal, which first came...
...I’m really proud of it. But now I’m done with that. I want to sell it and I’m looking for a buyer. So how does this process work with a typical M&A deal? Sujeet Indap Sure....
Decision hurts David Handler’s chances of securing potentially millions of dollars in equity he sought from the elite M&A boutique
...In today’s newsletter: Apollo’s personal expenses scandal resurfaces Blockbuster US deals throw M&A a lifeline Swedish software group attracts short sellers Brother Jimmy’s and buyouts: Apollo’s expenses...
...MainFT, last night: The Federal Trade Commission has sued to block US luxury goods group Tapestry’s $8.5bn acquisition of Capri Holdings, a move that threatens a bid to create a US rival to European giants...
...“I’m not sold on this one-stop shop idea. I’m just not a believer,” said one FTSE 100 chair. “How many can say they’ve made a real success of the multidisciplinary approach?...
...Big Four consulting firm Deloitte is scaling back its UK deals business to focus on higher value transactions after a review of its profitability, in a strategic shift away from work it has done for decades...
...Pre-tax adjusted operating profit rose to £797mn, beating analysts' expectations, driven by the group’s asset management arm....
...The chief executive of investment group M&G has said he wants to take advantage of under-developed private credit markets in Europe and expand the business’s investments in private assets, amid warnings...
...This is in order to concentrate on larger, sector-focused M&A activity. As a consequence, we are proposing to close some parts of that business....
...“At the moment, I’m sheriff for only half the county . . . and my arsenal is weaker than other regulators....
...Marks and Spencer has become the latest UK retailer to increase wages as large supermarket groups continue to battle to retain workers....
...Latham & Watkins has hired Yohei Nakagawa as partner in the M&A and private equity practice in Tokyo. He previously worked for Morrison & Foerster....
...European coffee group JDE Peet’s is replacing its two top executives as controlling shareholder JAB Holding seeks to shake-up the owner of L’Or, Kenco and Douwe Egberts following a long period of underperformance...
...Meanwhile, at M&S, co-chief executive, Katie Bickerstaffe, who oversaw the group’s digital, data and technology operations, will step down in July after less than two years to pursue other board roles....
...M&S’s contract with HSBC, which owns M&S Bank, is up for renewal. M&S is likely to push for more control and a bigger cut of the spoils....
...JPMorgan’s vice-chair of investment banking Andy Lipsky and co-head of strategic investor group M&A Haidee Lee are leaving the bank, according to a person familiar with the matter....
...H&M has appointed Daniel Ervér as new chief executive of the group, succeeding Helena Helmersson. Ervér has been with H&M for 18 years, most recently as the head of the H&M brand....
...“I’m in favour of letting the market decide. If it succeeds, we’re all better off and if it doesn’t, well, the exchange’s investors lost.”...
...The pharma group’s investment-grade debt sale, which has not yet priced, will span eight or nine maturity brackets from two to 40 years....
...Some H&M investors and analysts have privately suggested that an outsider is needed to shake up the Swedish group....
International Edition