Hints and tips:
...The Glazer family has owned the Red Devils, who are 20-time English league champions, since 2005, when their £790mn leveraged buyout damaged relations with the club’s fan base from the start....
...Linklaters has hired Richard Spedding as a partner for its corporate team in London, focusing on mergers and acquisitions. He previously worked for Travers Smith....
...“You have this extraordinary equity market performance but also some red flags, particularly when it comes to more economically sensitive consumers.”...
...Smart reads Bull market Dietrich Mateschitz is the unlikely figure behind Red Bull’s rise to become the dominant force in Formula One. Why did he do it?...
...firms in London are betting private equity will come roaring back (Financial News) British Volt owner faces legal action over unpaid wages (FT) Manchester City: club’s finances look better in black than red...
...Henry Cheng’s acquisition of the company was “brilliant move number one”, says James McBride, CEO of Nihi hotels and an industry doyen of almost 40 years....
...The note was titled “Blackstone: Heads I win, tails you lose”....
...Blackstone has deployed an epic spigot of cash over the past two years into what looks like the tail-end of a golden age for buyouts....
...The banker cornered the red-faced editor. “I am not little!” he raged....
...The study includes the metrics of success as well as red flags that presage failure....
...“Our acquisition system is so Neanderthal, that we actually have created a rapid acquisition system to get around our own acquisition system,” said Dov Zakheim, a former under-secretary of defence under...
...Lawyers also have a longer tail of work after the cycle turns, as deals struck months ago get pushed through regulatory hoops and across the line....
...Cover your tail Markets are a sea of red this year, but here’s something that’s been going up lately: The blue line above is an index tracking tail risk hedgers, funds that profit when stocks crash and...
...One thing to start: Donald Trump’s plan to take his media business public is in jeopardy after shareholders failed to approve a motion that would allow their blank-cheque acquisition company to keep pursuing...
...The extra borrowing, to come from a $1bn revolving credit line — a type of facility that is rarely tapped right after a buyout — was seen as a red flag by investors, according to people briefed on the matter...
...Anaplan said the job market was red hot and that the pay was unremarkable in the big picture and ultimately necessary for the company to grow....
...Tech sell-off grabs tiger cubs by the tail We’ve posed the question time and time again: what is SoftBank? But today DD would like to launch a new inquiry about Tiger Global....
...KKR invested £300m in the budget gym group Pure Gym this week, while Oaktree has put £200m behind former Greene King boss Rooney Anand’s pub acquisition vehicle, Red Cat....
...In the red-hot buyout industry, which has struck a record $1tn-plus in deals in 2021, takeovers of software companies have become a perennial gold mine for dealmakers....
...Gazprom-Media declined to comment on whether its acquisition of a stake in VK increased government influence over the social media site....
...Short-term loans made through the iPhone maker’s new Apple Pay Later service will be made through a wholly owned subsidiary, Apple Financing LLC....
...If completed, this would be the third-largest acquisition of a European VC-backed fintech, according to Dealroom data....
...Nick Bosanquet: In Yorkshire some signs of supply side recovery . . . stable firms with reserves investing in new developments/acquisitions....
...Google’s digital ad market is red hot as companies compete for consumers and businesses are poised for another Roaring Twenties....
...Unfortunately for the bondholders, the company now faces a towering wall of debt despite its years-long acquisition spree....
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