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...Renesas Electronics has agreed to pay A$8.8bn ($5.8bn) in cash to acquire Australian software design tools provider Altium, as the Japanese chipmaker steps up an acquisition spree to diversify its business...
...However, investors Molten Ventures and Schroders have since adjusted their implied internal valuations for the start-up, with Schroders putting it as low as $18bn at the end of 2022, before revising it up...
...Zopa, the UK digital bank backed by SoftBank, has swung to profitability, taking the fintech group a step closer to an anticipated public listing....
...“One shouldn’t greenwash and one shouldn’t AI wash,” said Gary Gensler, chair of the US Securities and Exchange Commission, in December....
...The public listing of European private equity firm CVC Capital Partners will net one of its co-founders, Donald Mackenzie, a windfall of up to €150mn....
...A slump in voluntary departures is a challenge to professional services firms’ traditional “up or out” model. Less “out” means less “up”, a phenomenon suggested by data from across the sector....
...The line-up of concerts is impressive, not least because Pappano himself will be conducting a high proportion of them....
...In today’s newsletter: CVC’s co-founder steps down How the Issa brothers finance their jets ConocoPhillips’s shale hunt CVC’s deal junkie bows out Donald Mackenzie, one of the buyout industry’s most...
...BlackRock is not the only US company to step up security spending on its chief executive.Disney chief Bob Iger’s 2023 pay package included $1.2mn in costs for “security services and equipment”, the entertainment...
...As the next generation moves up, the patriarch’s lieutenants step aside to facilitate it. “One doesn’t deny an Arnault kid,” said the person close to the group. “In the end it is a familial group.”...
...The German is due to step down as the team’s head coach in the summer....
...The UK pharmaceutical retailer’s transfer of £4.8bn of pension obligations to insurer Legal & General brings its potential sale by owner Walgreens Boots Alliance one step closer....
...Qatar, Egypt and Turkey must step up the pressure on Hamas to release the hostages....
...Aguzin, who had been slated to step down at the end of his current three-year term on May 23, said in a statement that the leadership handover to incoming chief executive Bonnie Chan had been “going extremely...
...It was just one step to total dominance, The Wall Street Journal reveals....
...One of Nwokorie’s most immediate tasks is to get sceptical investors on side....
...Employment tribunals will be given powers to increase compensation as well, by up to 25 per cent for these types of claims....
...Lashings of sex and violence, a magnificent score and plenty of fruity local colour, Carmen has been steaming up the dance stage since 1949 when Roland Petit created the definitive one-act ballet version...
...The fact that these stocks have risen sharply over the past year — with KKR up 85 per cent — will no doubt have whetted CVC’s appetite. CVC can also point to a step up in its size....
...Llama 3 will initially be offered in two sizes, one with 8bn parameters and one with 70bn parameters — the number of variables used to train a system and ultimately shape its output....
...Sellafield Ltd, which is owned by the UK’s Nuclear Decommissioning Authority, is in charge of cleaning up and looking after the Sellafield nuclear waste facility in West Cumbria, north-west England....
...The super Pac marks a political step up for an industry that has collectively spent small amounts in previous years....
...Coming up with new materials is usually a costly time-consuming business of trial and error....
...A person close to Dunand said he had no immediate plans to step down but was intent on bolstering the senior ranks of the company....
...“The new text is kind of a few steps forward and a few steps back,” the diplomat added. “It doesn’t bring us any closer to consensus.”...
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