Hints and tips:
...An educational technology empire rapidly assembled by Byju’s during a pandemic funding boom is now set to be dismantled, as what was once India’s most valuable start-up looks to asset disposals to settle...
...The investors At almost every layer of the Signa network are minority co-investors and a bewildering array of lenders....
...Aggarwal co-founded the ride-hailing app Ola Cabs over a decade ago, before adding to his mobility empire by creating Ola Electric, and most recently expanding into artificial intelligence with start-up...
...A year later, Justin Gmelich, another former Goldman partner, joined as co-CIO alongside the promoted Russo....
...An earlier version of this article stated that the Thai Central Group co-owns the Chrysler Building with Signa. RFR Holding is the co-owner of the property....
...Company insider Daniel Moore will step in as interim finance head. Abrdn has named Jason Windsor as its new finance chief and an executive director. He was previously CFO of Aviva....
...A report from a parliamentary committee published last year revealed that when the BBB challenged Greensill over its excessive lending to Gupta’s metals empire, the finance company said it had received “...
...But the Indian tycoon and his empire are still doing damage control....
...Prime Trust September 7 2022: “Prime Trust is trailblazing the future of finance with the vision to build a bridge between traditional and decentralized finance,’‘ said Lizzie Bildner, CMO, Prime Trust...
...A small windfall for FTX: the bankrupt exchange has agreed to sell its futures and clearing business LedgerX LLC to stock and derivatives exchange MIAX for $50mn....
...As the summer wore on, Black discussed Ganieva’s demands with a private investigator from Nardello & Co, and with Epstein....
...NB: As part of our rubbernecking coverage, FTAV has also been publishing detailed information about FTX’s finances that readers may find relevant: Untangling the knotty empire of Bankman-Fried and FTX FTX...
...kadhim@ft.com / sid.v@ft.com...
...The result of these sprawling empires is that once heated rivals increasingly see the benefits of a level of co-operation between different business units that once seemed inconceivable....
...Its co-founder, Tom Trowbridge, seems kinda mad at SBF on Twitter, eg: 50) Compound Financial Compound is a personal finance/“family office” startup aimed at “tech people”, who are otherwise “forced to...
...It was just a “routine transaction”, Oaktree founder and co-chairman Howard Marks told the Financial Times. “I don’t think it’s audacious,” he said....
...But it also comes at a testing time for Mr Ambani’s heavily indebted broader business empire....
...The International Finance Corporation, the private sector arm of the World Bank, has appointed Makhtar Diop, a Senegalese former finance minister, as its managing director. More here....
...The co-working company also restructured its portfolio and reached a $500m settlement with its ousted co-founder Adam Neumann. Read more here....
...Welcome to Due Diligence, your briefing on dealmaking, private equity and corporate finance from the Financial Times. Want to receive DD in your inbox? Sign up here....
...Yahoo’s 900m monthly active users amount to a “huge audience” that presents “tons and tons of opportunities”, said David Sambur, co-head of private equity at Apollo....
...In Ireland, there is Merx Aviation, which provides finance leases for aircraft....
...Caillaux, the company’s head of Europe, who was promoted to co-president in 2019, and sat on Greensill’s board, also declined to comment. Greensill declined to comment. Another fintech winner?...
...Ali Mehdi has joined BNP Paribas as a managing director of leveraged finance in New York after spending 27 years at Credit Suisse, most recently as the Swiss lender’s head of leveraged finance origination...
...(FT) News round-up Billionaire Tilman Fertitta floats entertainment empire in $6.7bn Spac deal (FT) Asos to buy Topshop and other Arcadia brands for £265m (FT) Marston’s rejects £700m offer from private...
International Edition