Hints and tips:
Related Special Reports
...Retired US partners of Grant Thornton have stepped up their fight for a bigger share of the proceeds from the sale of the accounting firm, hiring lawyers to challenge management over the terms of the deal...
...Last month UBS agreed to sell an additional $8bn of loans to Atlas SP as part of a renegotiation of the deal that also scrapped an associated investment management arrangement....
...After a fractious call with Grant Thornton’s management last week, retirees said the sum they were offered was unfairly low, in some cases coming up short by $1mn or more....
...He is already proving a valuable addition to the Board and management teams.”...
...Goldman Sachs’ global treasurer, Philip Berlinski, is leaving the bank after 24 years for New York-based hedge fund Millennium Management, according to two people familiar with the situation....
...It’s no coincidence that the S&P 500 is also having a stellar run....
...Which is why I’m sceptical much change happens....
Decision hurts David Handler’s chances of securing potentially millions of dollars in equity he sought from the elite M&A boutique
...Jane Street is suing Millennium Management and two former employees for allegedly stealing trade secrets in a rare public spat between two big Wall Street investment firms....
...“I’m a front door sorta guy. I think it was effective and I’d do it again.”...
...Dealing with the dividends doubters So, I’m not saying Daniel Peris got lucky....
...Honestly, I’m not sure how many people think about the market in terms of fundamentals anymore....
...TCI made $12.9bn for investors and ended last year up 33 per cent, ahead of the S&P 500 index’s 24 per cent rise....
...Apparently, Apollo Global Management has other priorities....
...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....
...The S&P 500 index rose 24.2 per cent in 2023 in comparison....
...A judge in Manhattan on Friday declined to issue a temporary restraining order against Millennium Management after Jane Street demanded the hedge fund stop using a secretive international options scheme...
...There was, however, only one person being tried: Mohammed Ali Rashid, a former senior partner at Apollo Global Management....
...“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 group is split into an active asset management arm, a life insurance and pensions business and a financial advice business. M&G’s share price rose by about 2 per cent in morning trading....
...In contrast to some M&A, there can be room for both sides to think they are getting a marvellous deal....
...Founded in 2013, the Cambridge-based group provides artificial intelligence-based cyber security services designed to protect companies against the threat of cloud attacks, which companies are increasingly...
...“I’m very grateful to Katie for her support in seeing M&S through this important period in the reshaping of the business....
...by Ocado Retail management”, largely during the coronavirus pandemic....
...It “provides a significantly better data point around management’s commitment to deliver cost savings over the next few years”, Erickson added....
International Edition