Hints and tips:
...FGS’s rivals have also sought external funding from minority stake sales....
...Raad, chief executive of IMI, said they would work closely with the family “as they deliver against their strategic objectives and growth ambitions”....
...“Carlyle has made numerous proposals to Esken and the airport to secure the airport’s long-term future, including up to £32mn of new funding,” the firm said....
...It’s not that the funding wasn’t available. It’s more that leveraged buyouts don’t work so well when the cost of debt doubles....
...The company recently warned in regulatory filings that if the merger failed or it couldn’t find other sources of funding it “may not be able to continue as an operating company”....
...“Private credit is going investment grade,” said Akhil Bansal, head of credit strategic solutions at Carlyle, the private equity group....
...Since then, valuations of chip companies and their suppliers have taken off, with the technology’s strategic importance in the supply chain highlighted by US efforts to restrict Chinese access to advanced...
...The transaction allowed Quiet Capital LPs to sell half or all of their stake in the fund to new institutional investors at Goldman Sachs Asset Management and Blackstone Strategic Partners — both secondary...
...It comes as the fund seeks growth outside of China and at a moment of collapsing funding and falling valuations for private start-ups in the US....
...Lake Nona Fund / LN Sports & Health Tech Fund I, LP . . . Exponent Founders Capital I, LP . . . SH Fund, LP . . . Curated [chef recommends] . . . Race Capital II, LP . . ....
...The decision to raise funding privately differs from the approaches of UK rival The Gym Group and Europe’s largest chain Basic-Fit, which are listed in London and Amsterdam respectively....
...offer (FT) BP’s African middlemen: rules of engagement (FT) Electric vehicle charging group Pod Point to list in London (FT) US companies authorise more than $870bn in stock buybacks (FT) ConsenSys funding...
...Corporate restructuring lawyer Jon Henes is leaving Kirkland & Ellis to start a strategic advisory firm focused on business, law, politics, social justice and diversity....
...These guys are longer term strategic money,” said a banker with knowledge of MSD’s operations....
...The Blackstone founder briefly chaired a White House “strategic and policy forum”....
...Strategic bets on recoveries in the share prices of companies such as concert purveyor Live Nation and cruise operator Carnival paid off handsomely....
...Like other US public pensions, Calpers faces a funding crunch that jeopardises its ability to pay retirement benefits to thousands of public servants....
...It agreed to sell a 10 to 15 per cent stake in its fund to Blackstone’s Strategic Capital Group for €500m....
...Emma Walmsley, GSK’s chief executive, announced in March that the company was launching a strategic review of Horlicks and other consumer healthcare nutrition products “to support the funding” of its $13bn...
...“With this enhanced flexibility, it’s allowing us to pursue strategic capital initiatives,” he says....
...However, when the White House actually released its budget proposals this week, these appeared to cut the public infrastructure funding....
...At the same time, SoftBank itself led a $159m funding round for Nauto, which is developing autonomous driving technology. “We want to connect 1tn devices,” Mr Son said on Thursday....
...has confirmed its position as a strategic asset for the Mediobanca Group on the back of its position as a source of significant and increasing fees as well as of diversification in terms of forms of funding...
...Starwood had been comfortable that the Chinese-led group had enough funding in place to pay for the original offer....
...“Strategic acquirers continue to be very confident and those that pursue a specific strategy are being rewarded when it comes to M&A . . .” he says....
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