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...Grant Thornton’s retired US partners are demanding a greater share of the spoils from its sale of a majority stake to private equity, after accusing the accounting firm’s management of short-changing them...
...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...
...the sale if a buyer is found....
...Meanwhile, medical devices company Smith & Nephew wants to increase pay for its US executives to bring it closer to American levels....
...Its hodgepodge included a legacy talent management agency as well as live events and a mixed martial arts league....
...In an interview with the Financial Times, Weightman noted “similarities” between the sales pitch that was used then and Corinthia’s success in attracting an entire team of senior executives from Barings,...
...The reworked deal announced on Wednesday ends that management arrangement....
...“Secondary sales of really quite high-quality private equity funds are starting to appear, which you wouldn’t normally expect, except from people who’ve realised they’ve got too much of the stuff,” he added...
...The search giant also allows ads for cryptocurrency exchanges and wallets, but its rules prohibit ads for initial coin offerings and marketing efforts seen as “otherwise promoting the purchase, sale, or...
...As a result, its assets under management have nosedived from a peak of $226bn in 2018 to $98bn....
...Two-wheeler sales have surged since 2021, when monthly sales in the e-scooter market were less than 20,000 in India, to a high of more than 100,000 last May....
...Vista used a similar manoeuvre in its $4.6bn sale of events planning software company Cvent to Blackstone in March....
...The world faces a looming “retirement crisis” that requires a rethink of pensions and working patterns as medical breakthroughs boost longevity, Larry Fink said in his annual letter....
...There’s the sale of ratings, data and indices to the same investor clients, as well as the sale of consultancy services to help companies improve their ratings, and the practice of charging companies to...
...Nestlé revealed in its annual report for 2023 that 38 per cent of net sales, excluding products such as pet food, baby food, vitamins and medical nutrition, were rated higher than 3.5 under the HSR system...
...It did better than rivals who stayed in the sector and suffered as dozens of Chinese developers including Country Garden defaulted on dollar bond payments last year amid plunging home sales and a loss of...
...Simon Klein, global head of Xtrackers sales at DWS, Germany’s largest asset manager, said that the continued appeal of thematic ETFs was attracting more providers in the US and Europe....
...We know what the sales result was, and then we can figure out what were the most effective assets.”...
...Silver Lake, with $101bn in assets under management, is a US private equity firm known for its tech investments....
...That’s left him with what he says is “more money than I need” — enough to support medical research at Stanford, and buy as much of his favourite coffee (Ethiopian Yirgacheffe) as he likes....
...Logistics and transportation company ISO Tank Management and waste management business Skrya, in third and 10th place in the ranking respectively, are based in the city-state....
...Microsoft’s AI product Copilot has the potential to generate “tens of billions” of dollars in new sales for the company, Tiger claimed....
...It culminated last week with the sale of a $5bn loan that backed KKR’s purchase of a stake in a healthcare technology company known as Cotiviti....
...The FT reported that the company previously sought a sale of the business in 2022. Licht neither confirmed nor denied that the company was exploring a sale....
...The corporate shape-shifting comes as it and competitors Blackstone and Apollo Global Management have also reoriented their operations in recent years to appeal to the tastes of stockholders....
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