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...Additional reporting by Stephen Foley in New York, Simon Foy in London and Chan Ho-him in Hong Kong This article has been amended to correct the spelling of Perkins Coie...
...Actis, created as a development finance arm of the UK government, was spun out in 2004 after its management team bought a 60 per cent stake for £373,000....
...Naqvi resigned as a director of the holding company behind JKS on May 5 this year, according to filings on Companies House....
...After lockdown ended, “you saw the dearth of activity during the day and the knock-on effects of that lack of activity in terms of restaurants, retail, et cetera,” he added....
...The deal, which will mark a two-thirds expansion of Citadel’s London office space, comes after Griffin has expressed concern about how hybrid or working-from-home practices can hurt a company’s culture....
...Last year, a number of UK companies, including veterinary pharmaceuticals company Dechra and the restaurant group behind Japanese dining chain Wagamama, were acquired by buyout firms....
...Some have blamed this on Google’s fragmented structure, big-company bureaucracy and the lack of a coherent company-wide plan for rolling out generative AI across its range of products and services, the Financial...
...A former top investment banker at Centerview Partners did not strike a valid agreement to become a full-fledged partner at the elite advisory firm during a restaurant meeting held more than a decade ago,...
...A material revenue boost could be on the table through the company’s agreement with Amazon to explore the potential development of Warhammer films and TV shows....
...It dismissed a proposal by the two companies to divest several hundred stores as “inadequate”....
...The progress made by Chinese companies and regulators in Beijing poses a new challenge to the west, which is already lagging behind China in the development of electric vehicles, according to analysts, and...
...In 2022, Berkeley California-based Upside Foods raised $400mn from Temasek, the Abu Dhabi Growth Fund, Baillie Gifford, SoftBank, Bill Gates and John Doerr, chair of Kleiner Perkins....
...An attorney for Jane Street told Engelmayer that the firm had invested “tens of millions of dollars” into the development of the trading scheme....
...Rashid, who had been fired from Apollo and repaid the expenses, offered an intriguing defence: He said he believed Apollo, not the funds, was reimbursing him for, among other things, restaurant boondoggles...
...It’s rare for buyout partners to become executives of the companies they own. Cutting costs, 3G sold off the 1,300 company-owned restaurants to franchisees....
...It now has “several hundreds” of engineers dedicated to chip development, he added....
...French hotel group Accor is in talks with investment vehicle Dubai Holding to fund the roughly €800mn development of two upmarket cruise liners under the Orient Express brand, in the latest example of Middle...
...Apollo has done deals in the restaurant and entertainment sector before but has largely focused on companies in North America. Among its past investments are the Chuck E. Cheese restaurant chain....
...As the name suggests, this is a “business development company”, a weird but fascinating and uniquely American construct....
...Europe’s AI Act is an important development in balancing innovation and risk....
...The opera’s young leadership team took it all on board, which left little room for character development or plot....
...Milanese company Fiorucci had a different style but similar pace, while Topshop was for many years a British high-street success....
...The other factor is that fund flows into direct lending have been stable and growing, especially from high-net-worth investors putting money into semi-liquid BDCs [business development companies]....
...Private equity-backed chains such as Prezzo and Côte Restaurants have had to undergo restructurings to stay afloat. Burger chain Byron Burgers has also suffered financial difficulties....
...His personal development made him lose two kilograms.” Competition is fierce, and even the expertise of a company called “Very Good Brain” can’t protect him from his worst fear: reality....
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