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...And in 2021, Restaurant Brands paid $1bn in cash for Firehouse Subs....
...The 2008 financial crisis had left the balance sheets of western financial groups poisoned by sub-prime assets, forcing them to ring fence these toxic assets in “bad banks”....
...Just over 25 per cent of the sub-Saharan population is online, according to World Bank data....
...Antitrust laws prevent collusion between competing companies and acquisitions that limit competition and increase consumer prices....
...But for all the changes that hedge funds have made to please their biggest clients, big investors are upset about high fees and sub-par performance, the FT’s Laurence Fletcher reports....
...That could direct the credit card company’s future acquisitions and product sales....
...“There’s much more equity going into these deals so maybe people will earn a sub-par return on their equity.”The Rockford, Illinois native is, however, concerned about rising prices for companies....
...Lex recommends the FT’s Due Diligence newsletter, a curated briefing on the world of mergers and acquisitions. Sign up at ft.com/newsletters....
...Colony, through the joint provisional liquidators, agreed to buy Abraaj’s Latin America, Sub Saharan Africa, North Africa and Turkey funds management business, the companies said....
...* The sub-headline has been amended from an earlier version to correct that the Chicago Tribune and the New York Daily News remain assets of Tronc...
...It took another step in reducing its reliance on licensing characters and franchises from third parties this week with the acquisition of comic book publisher Millarworld....
...Social Capital says the complexity of the IPO process is partly to blame for the drop-off in listings, citing a combination of “management distraction, a sub-optimal price discovery mechanism and the resultant...
...This should not trouble Mr Diamond, who is already committed to building a pan-African banking group through his Atlas Mara joint venture and ultimately plans to merge its seven sub-Saharan lenders with...
...Mr Paulson, who is best known for making billions betting against the US sub-prime mortgage market, said “the fact that the company’s longstanding and largest shareholder sold all their shares at 63p, shows...
...It raised a $700m fund for doing deals in sub-Saharan Africa in 2014, making its first investment in South Africa that year....
Regulatory clearance conditional on selling some brands within six months
...The open question is whether the industry will respond with mergers and acquisitions aimed at cutting costs faster....
...It is sometimes forgotten that the biggest bank takeover of all time — the three-way acquisition of ABN Amro back in 2008 — was triggered by an ABN break-up agenda pushed by activist hedge fund TCI....
...For Providence, the acquisition of Chime would add to its growing portfolio of sports-related investments....
...One other pertinent detail, in light of Plus500′s ongoing regulatory problems in the UK: The merger document indicates that on May 29,2015 the CY sub received a letter from CySEC regarding a request for...
Investment group moves to strengthen role in African media via deal for English-language publisher
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