Hints and tips:
...PE firms already use NAV loans to fund dividends to investors or finance acquisitions, but are novel as a deleveraging tool....
...(Perhaps not coincidentally, Victoria’s Secret’s creative director Raúl Martinez is a Condé Nast veteran.) There is no traditional stage or cheering audience of delighted men....
...Nomura has hired Barclays’ former head of macro trading Nat Tyce as head of global markets for Europe, the Middle East and Africa, according to Financial News....
...But it’s also a regional player in a tough magazine market that poses serious challenges even for once-indomitable giants like Condé Nast and Hearst....
...Earlier this month Vogue-owner Condé Nast put three of its best known titles up for sale — Bride, Golf Digest and W — while Chicago Tribune-publisher Tronc has held negotiations on a deal to sell the company...
...“Condé Nast until about 2008 was really seen as a hobby for the family,” says Steve Cohn, editor-in-chief of the Media Industry Newsletter....
...Mr Penske said that the depth of the archives and the access to exclusive coverage were “a key factor” in PMC’s acquisition last year of Fairchild Fashion Media, the owner of WWD, from Condé Nast and of...
...The biggest announcement of the day was Apple’s entry to the music streaming market, boosted by its $3bn acquisition of Beats Electronics last year....
...If the deal does go ahead, Charter’s acquisition of Comcast subscribers should proceed....
...Rivals Condé Nast, which owns the venerable Vogue and Vanity Fair titles, and Hearst are both privately held. Time Warner shares closed up 1.25 per cent to $68.99....
...domestically and whether it boosts China’s support for a binding global treaty to lower carbon emissions. http://on.ft.com/1bJFYwI Bumi lines up BP veteran as chairman Bumi, the coal miner founded by Nat...
...Lord Mandelson is thought to have been introduced to Lazard by his friend Nat Rothschild, who worked for the bank in the mid-1990s....
...(Financial Times) - Nat Rothschild rues his ‘terrible mistake’ with Bumi. (Bloomberg) - Samsung’s Apple-like cash pile problem....
...In the case of Nat Rothschild’s shell companies it might be, but they are isolated examples. The fact is, the ideas outlined by the LSE won’t fix the IPO market in the UK....
...Last month, Nat Rothschild and Tony Hayward successfully launched Vallares, raising £1.35bn in London, targeting companies in the oil and gas sector....
...Nat Rothschild has listed two similar vehicles....
...Walsh nears TAP bid Hugh Osmond, Nat Rothschild …Willie Walsh....
...Still, apart from lucrative work on acquisitions by sovereign wealth funds and a resurgence of bond sales, Gulf investment banking business remains tight....
...Luca Solca, analyst at Bernstein Research, said: “This could mean that PPR will announce a divestiture and an acquisition in short succession or at the same time.”...
...Last week Vallar, the mining acquisition vehicle launched by the financier Nat Rothschild, raised £700m, while Essar Energy raised £1.2bn in April but was forced to cut its asking price for the issue....
...Condé Nast closed Portfolio, a business glossy, in April....
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