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...The two investment groups began talking about a strategic partnership nearly two years ago but that conversation foundered over competing visions, according to at least five people briefed on the talks....
...Actis is General Atlantic’s largest acquisition, pushing the New York-based investment group to nearly $100bn in total assets....
...Kleinman said H&F’s investment could double in size over time as it funds future acquisitions....
...Last year, the US food and drugs watchdog sent Reckitt and two other manufacturers a warning over its baby formula manufacturing safety standards....
...The French group has grown through acquisitions over the years, including the two-stage acquisition of British technology company Aveva, sealed in 2022 and which valued the UK company at £10.6bn....
...Spirent, which sells equipment to test telecoms networks, is a good strategic fit. Products are complementary, meaning they can be cross-sold to the two groups’ existing customer base....
...For the FTC, the geographic overlaps between the two mean a tie-up would eliminate “fierce competition”. It dismissed a proposal by the two companies to divest several hundred stores as “inadequate”....
...The price is a 55 per cent premium to where Endeavor’s stock was trading in late October, when the sports and entertainment business led by Ari Emanuel said it was exploring strategic alternatives....
...Skydance is offering to buy Redstone’s National Amusements, which controls 77 per cent of Paramount’s voting stock, and later merge with the two companies....
...But he later fell out with his cousin Evelyn de Rothschild over the strategic direction of the bank, and struck out on his own in 1980....
...On Friday the company was trading at $33.92 after soaring over the past two days, but the price remains well below its intraday peak of $79.38....
...Weightman stepped into the private credit arena after his 2020 departure from Cromwell, the Australian real estate investment firm he founded two decades earlier, following a bitter boardroom battle....
...Now the two are joining forces. As a part of the deal, Jana will get around 2.5 per cent of the shares in the listed Cannae....
...Two of the top-10 largest US accounting firms — Grant Thornton and Baker Tilly — have agreed to sell majority stakes to private equity in the past six weeks, and bankers and executives expect more deals...
...The buyout group sent EY a letter in recent weeks expressing its interest in acquiring the unit, the people said, with one adding that there had been no talks between the two parties....
...The FTC on Monday challenged the $24.6bn acquisition, alleging that it would eliminate competition between the two companies, increase prices for groceries and harm product quality and consumer choice....
...Millennium Management, the $60bn hedge fund led by Izzy Englander, and Schonfeld Strategic Advisors have terminated talks to form a partnership, according to people familiar with the situation....
...Dissatisfied with Disney’s progress, Peltz relaunched his campaign, this time for two board seats, the following month....
...The possible intervention by Sunak comes as two regulators scrutinising RedBird IMI’s takeover of Telegraph Media Group submitted their initial findings to culture secretary Lucy Frazer on Monday....
...A Capital One acquisition of Discover is likely to be examined carefully by US antitrust regulators given the large size of the two companies’ credit card businesses....
...Schonfeld’s assets doubled in the past two years, from about $6bn to almost $12bn, and the firm embarked on an expensive hiring spree....
...Then 3G Capital went on an acquisition spree....
...Two of his sons joined the LVMH board at its annual meeting on Thursday, leaving only his youngest son without a seat....
...It already has a securities unit in mainland China and cannot hold two licences....
...Endeavor said in a statement late on Wednesday that it is considering “strategic alternatives”. Its largest shareholder, Silver Lake, announced it plans to lead a buyout....
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