Hints and tips:
Related Special Reports
...The formal withdrawal of the offer will kick off an auction process that is expected to draw bids from parties including hedge fund boss Paul Marshall, Rupert Murdoch’s News UK, and newspaper group National...
...Grant Thornton has not publicly disclosed how much New Mountain and its co-investors are paying for the 60 per cent stake, or how exactly the firm will distribute the proceeds of the investment and the new...
...The moves by Apollo and competitors including KKR and Brookfield have spurred a wave of consolidation and partnerships....
...Other acquisitions include River and Mercantile Group and SVM Asset Management....
...One person said there was a lack of trust between the former partners and members of the current leadership team, and “this is not the Grant Thornton that we were hired into”....
...Marshall Motor Group has also been bought by Cinch-owner Constellation, while Lookers was bought by Canada’s Alpha Auto in a deal announced last year, and Cambria was taken private by its management team...
...New Mountain bought a controlling stake in Citrin Cooperman in 2022 and has helped fund an acquisition spree that has swelled the accounting firm’s annual revenues to an estimated $700mn....
...its own Toyota shares it would reacquire as a result of the acquisition”....
...Linklaters has hired Richard Spedding as a partner for its corporate team in London, focusing on mergers and acquisitions. He previously worked for Travers Smith....
...His rival, Abu Dhabi-backed group RedBird IMI, short-circuited the auction process but is now facing a regulatory probe into its acquisition....
...DMGT, Marshall and News Corp declined to comment....
...The firm also named Chris Gordon and Robin Marshall as the heads of its global private equity business....
...The highest price wins — and that was the I Squared/TDR side with €12.78 a share....
...Multi-managers did so with lower year-to-year volatility and less correlation to the underlying market....
...Kroger and Albertsons argue the deal is necessary for them to compete against retail giants such as Walmart and Amazon, and even dollar stores in the grocery space....
...Spokespeople for Griffin and Marshall declined to comment on Griffin’s involvement, which was first reported by The Telegraph. Marshall is working with Moelis investment bank on the bid....
...The asset management industry is undergoing a wave of consolidation as large investment groups such as BlackRock, Franklin Templeton and T Rowe Price push beyond their roots in listed markets, using acquisitions...
...Paramount, Sony and Apollo declined to comment....
...Darktrace’s board said: “The acquisition will provide Darktrace access to a strong financial partner in Thoma Bravo with deep sector and US markets expertise who can support Darktrace’s growth.”...
...Tiger’s winning bets included Meta and other tech giants Microsoft, Amazon and Google. Its non-tech winners included Apollo Global, Eli Lilly, Airbus and online gambling company Flutter....
...There would also be the potential for consolidation of some marketing and distribution capabilities between the studios. Paramount, Sony and Apollo declined to comment....
...It has alleged that Corinthia and two other defendants, former Barings employees Ian Fowler and Kelsey Tucker, “misappropriated and misused Barings’ confidential information to recruit Baring employees and...
...TKO is not included in the deal and will continue to be a public company....
...Jana could very well push Cannae to take itself private and capture the value of that discount....
...Many Conservative MPs would be happy for the Telegraph and Spectator to fall into such hands, or those of Sir Paul Marshall, the hedge fund multimillionaire....
International Edition