Hints and tips:
...Despite the discomfort of King George V — whose cousin the Tsar had been executed by the Bolsheviks — Labour formally recognised the Soviet Union....
...KKR also took a majority stake in wealth management firm Colonial First State, a former division of Commonwealth Bank of Australia, in the same month....
...“Duterte’s departure will remove baggage in the US-Philippine relationship,” said Peter Mumford, south-east Asia analyst with Eurasia Group....
...There’s a Telegram Markets Live chat group for anyone who wants one of those....
...The V-shaped recovery in consumer spending feels too bullish in our view....
...Mark Haefele, chief investment officer at UBS Global Wealth Management, said he expects “only modest progress” in the talks....
...“I have been privileged to serve on the board . . . and have been very impressed by the quality of the company’s management and I have tremendous confidence in the future our business,” Goudet said....
...The group on Tuesday reported full-year advisory revenues of $1.5bn, which rose 9 per cent from the year before. Lazard’s overall revenue figures were restrained by its asset management unit....
...The group behind the Les Paul, Flying V and Epiphone brands filed for Chapter 11 bankruptcy protection in May, overwhelmed by the debt it took on to fund an ill-fated diversification into headphones and...
...Initially, the drug was intended to serve the same group of patients: terminally ill cancer sufferers in constant pain....
...This transaction is part of Total’s portfolio management strategy, which aims to align the group’s asset base with its business ambition....
...Elliott v Arconic: Round 2 The nastiest proxy fight of the season concluded on Monday. Or did it?...
...Carlyle’s assets under management fell to $176bn, down from $193bn in the same period of 2015....
...Blackstone’s fund, Europe Real Estate Investors V, will target the same returns as its previous one launched in 2014 — a 20 per cent gross internal rate of return, or 15 per cent net of fees....
...But later that year Chaori bondholders were bailed out when a state-owned bad-loan bank, Great Wall Asset Management, stepped in....
...Local media have endorsed that view, arguing that the nation will benefit from a continuation of stable management at its biggest corporate group, whose businesses account for 20 per cent of the stock market...
...TPG’s fundraising comes as the group is in the early stages of management change....
...Herbalife said: The company has been aggressively defending itself against the plaintiffs’ allegations set forth in Bostick v. Herbalife ever since the lawsuit was filed in 2013....
...The policy of black empowerment has been cosmetic, gifting riches to a small, politically well-connected group....
...However the head of investor relations at one of TPG’s main rivals said: “LPs [limited partners] want returns, they want to see their money put to work for them....
...Mr Bonderman, the co-founder of Texas Pacific Group, a buyout firm with $50bn under management, told his audience that you could always rely on Japanese investors to pay more for an asset than it was worth...
...Today, the group’s flagship TPG V fund is still valued at less than 100 cents on the dollar, as several investments of more than $1bn in equity such as Washington Mutual and Aleris have already gone bust...
...And to competition lawyers just about everywhere to get involved… Further to the recent movement in BAE Systems’ share price, BAE Systems plc (BAE Systems) and EADS N.V....
...The credit goes to a group of investors at the heart of KKR in Asia....
...LP, and another $350m in a co-investment fund....
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