Hints and tips:
Related Special Reports
...Unilever is working with advisers to drum up interest from private equity groups for its ice cream division after the consumer goods group announced plans to hive off the business....
...Bain on Wednesday also named Chris Gordon and Robin Marshall as the heads of its global private equity business....
...Private equity groups Advent International and CVC Capital have teamed up to bid for a pet food company owned by Cinven, leaving a single bidding consortium left seeking to buy an asset the UK buyout group...
...Elsewhere on Wall Street, US stocks broadly pushed higher, as large technology groups rebounded....
...The IMF is urging regulators to consider the risks to the financial system posed by insurers either owned by — or whose assets are managed by — private equity groups....
...Trump Media & Technology Group, the company behind his Truth Social platform, rose as high as $79.38 a share from the previous day’s price of $49.95, before closing up 16 per cent at $57.99....
...Private equity group Carlyle will take control of Southend Airport after sealing a deal to resolve a row over a loan made during the pandemic....
...(Ethan Wu) The UK equity discount, redux Yesterday I wrote about the UK equity discount and whether it really exists....
...Unilever is working with advisers to drum up interest from private equity groups for its ice cream division after the consumer goods group announced plans to separate out the business....
...These days, the group that owns the 300-year-old exchange makes under 4 per cent of its revenues from listing and trading cash equities, a figure dwarfed by the data and analytics businesses it has acquired...
...One banker described the success of the Galderma deal as “a sigh of relief” for private equity....
...smaller groups are weighed down by high interest rates....
...French private equity group PAI Partners is to buy a majority stake in professional hair products maker Beautynova as it seeks to capitalise on the buoyant beauty market....
...Huffman sold 500,000 of his shares in the IPO, indicating he will make $17mn. He is also set to receive additional equity awards as a result of the listing valuing the company at more than $5bn....
...A recent rise in dealmaking activity and share buybacks was proof that both corporates and private equity groups recognise “this obvious value signal”, according to Wright....
...Sharon Bell, a senior equity strategist at the bank, said the sectors “will be the obvious beneficiaries of a pick-up in consumption in Europe”....
...The broad index dropped 0.9 per cent, while Rio Tinto fell 1.7 per cent and BHP Group shed 1.5 per cent. Arcadium Lithium and South32 lost 3.6 per cent and 3.9 per cent, respectively....
...The UK government is no longer a controlling shareholder in NatWest Group after its stake in the high street lender fell below 30 per cent, the bank said on Monday morning....
...A wave of insurance brokerages including Hub Group and Integrity Marketing Group have taken private equity cash....
...The US arm of accounting firm Grant Thornton has agreed to sell a majority stake to the investment group New Mountain Capital, in the largest of a wave of private equity deals that are reshaping the sector...
...The “secondaries” market — of private equity investors buying and selling existing stakes in funds and private equity groups moving assets from older to new funds — was another bright spot....
...And taking the company public doesn’t mean CVC will be receiving its money back any time soon. The private equity group has decided against selling shares in the IPO....
...Today, high valuation multiples are being ascribed to groups that yield higher realised income through steady dividends and buybacks....
...When Jeremy Hunt stood up to deliver the UK Budget on Wednesday, one question was what the chancellor had to offer London’s hard-pressed equity market....
...The gains give the former president a windfall, on paper, of about $5.3bn for his stake in a group that reported just $3.4mn in revenues for the first nine months of 2023 and $49mn in losses....
International Edition