Hints and tips:
...In May, Pimco bought more than €500mn of debt backing the buyout of British supermarket Morrisons, which a group of banks led by Goldman Sachs sold at 85 cents on the euro....
...Ever since the deal was announced, JSR’s investors and clients have been asking what prompted a listed company not in financial trouble to turn to Japan Investment Corp, a fund whose investments are overseen...
...But just as important is TGTG’s status as a “B corp” — a company certification that recognises businesses with social impact....
...It draws me to think of Toni Morrison’s famous description of racism as a distraction, usurping energy that might be placed elsewhere....
...Law firm Morrison Foerster has elected Kelley Howes as partner. She will co-chair the firm’s investment management group....
...The Australian government under previous prime minister Scott Morrison developed a critical minerals strategy that attempted to reach deals with non-Chinese trading partners including the US, UK, EU, Japan...
...Banks have struggled to distribute loans backing Clayton, Dubilier & Rice’s £6.6bn take-private of the supermarket chain Wm Morrison....
...A poll conducted by News Corp of 61,000 people this week revealed that 84 per cent of respondents backed the tennis player’s deportation....
...Morrison signed a military agreement with the US and UK last month to counter China’s assertiveness in the region....
...Private equity rivals are increasingly piling into each other’s deals; witness the battle for UK supermarket Wm Morrison....
...&A transactions since the start of the year as private equity funds have sought to use their vast pots of money to buy public companies, the largest of which — the £7bn takeover of supermarket chain Wm Morrison...
...That is not OK,” said Morrison....
...But quite what weight section 172 generally requires boards to give factors besides, say, the price on offer in a takeover situation is a subject of hot debate among lawyers, not least surrounding the Wm Morrison...
...(BBG) News round-up M&G joins ‘no’ camp on Fortress bid for Morrisons (FT) Rugby uses Olympic showcase to tempt private equity (FT) UniCredit enters exclusive talks to buy Monte dei Paschi (FT) SoftBank...
...Meanwhile, Australian prime minister Scott Morrison, whose Liberal party is trailing in the polls during an election year, opted to go on the offensive....
...Pending shareholder approval in June, SoftBank will have five non-executive directors including new members Kenneth Siegel, head of the M&A team in Japan at law firm Morrison & Foerster who has worked on...
...The most common confusion is over companies that call themselves B Corps....
...Mr Morrison has so far shown no sign of bending to Google, telling media that Canberra “did not respond to threats”....
...The latter echoes how John Malone, the cable billionaire, built a stake in his longtime rival Murdoch’s News Corp, a move that led the latter to sell DirectTV and adopt a poison pill....
...Scott Morrison, Australia’s prime minister, recently posted on his Facebook site that his government will not be “intimidated” and he is in regular contact with other world leaders about this issue....
...It diminishes them in the world's eyes,” said Mr Morrison. “Australia is seeking an apology from the Ministry of Foreign Affairs and we are seeking it be removed from Twitter.”...
...Facebook’s ban was imposed hours after a separate decision by Google to strike a global deal with Rupert Murdoch’s News Corp, defusing a long-running dispute between the media group and the search company...
...“We are seeing growing outside interest in Japanese technology groups partly as a result of the US-China dispute,” said Kenneth Siegel, head of the M&A team in Japan at law firm Morrison & Foerster....
...Days later Morrison snubbed a request by Joe Biden, the US president, to join other nations in pledging deeper emissions’ cuts....
...The ultimatum from Google provoked a terse reaction from Scott Morrison, Australia’s prime minister, who told journalists, “we don’t respond to threats”....
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