Hints and tips:
...News round-up Credit Suisse angers investors with five-year ‘hard grind’ on Greensill losses (FT) SocGen to exit Russia with sale of Rosbank to oligarch (FT + Lex) Ericsson announces ‘indefinite suspension...
...The Chinese Investment Corp acquired a tenth of Blackstone before its 2007 initial public offering, a stake it did not fully exit until 2018....
...Glass Lewis said the terms differed “drastically” from the treatment he would have received had he been fired on a “for cause” basis and illustrated “a lack of willingness on the board’s part to appropriately...
...It continues: “The independent review being undertaken by Freeh Group International Solutions LLC, announced on 17 January 2020, is proceeding....
...On Monday the market scepticism over WeWork reached unseen heights, prompting the company’s executives and board to meet to shelve its hotly anticipated initial public offering....
...DD’s Indap v NYU’s Damodaran: Is stock compensation good or bad?...
...The collapse led to both private equity groups and Vornado Realty Trust to lose out on the $1.3bn of equity they sank into the retailer. However, the losses were offset by the more than $360m in fees....
...A spokesman for Schwarzman confirmed to The Forward on Tuesday that he planned to remain on the council. Strategic and Policy Forum Stephen A....
...They now have support from shareholders representing 31.6 per cent of Songbird’s free float, having received letters of intent from EMS Capital, Madison International Realty and Third Avenue Management....
...The expectation was that Ms Murdoch would join the board of News Corp, putting her in strong position to succeed her father as chief executive....
...Stiller remains on the board. Mexico’s Carlos Slim made his first big move on Europe, offering $3.4bn to raise his stake in KPN, reports the WSJ....
...The scene relies heavily on more fickle foreign money....
...Madison Dearborn and the Pritzker family business empire are understood to have been seeking an exit from TransUnion for some time....
...“George Lorch has been a valuable, independent voice on the Pfizer board for over 10 years,” she said....
...His exit precedes the arrival of Christian Purslow, a financial expert, who is appointed to the board as managing director while a permanent chief executive is sought....
...It is a lesson many other companies will take on board, potentially fleeing the US Gulf completely, analysts warn....
...The clients arrived in droves: Meryl Streep, Jane Fonda and Tom Hanks all came on board....
...To help fund the DMG foray Mr Murdoch has sold his stake in News Corp, where he still has a non-executive board seat that pays him US$300,000 a year....
...Estimates from the International Monetary Fund say that of US consumer debt totalling $1,914bn (£1,166bn, €1,346bn), 14 per cent will turn bad....
...At the board meeting in Bangkok, capitalising on Morgan Stanley’s wish to exit the venture, management of CICC demanded more shares to increase its stake....
...The 69-year-old chairman of the supervisory boards of VNU and Royal Dutch Shell – who also sits on the boards of blue-chips ING, the financial services institution, and office products group Buhrmann – has...
...Gallogly, Partner, The Blackstone Group Ralph Gerson, President and CEO, Guardian International Corp. Charles M. Geschke, Founder and Chairman, Adobe Systems, Inc. Charles K....
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