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...Son bought the Woodside estate 11 years ago, paying $117.5mn — then the most for a US residential property — to acquire the property from Tully Friedman, co-founder of private equity giant Hellman & Friedman...
...“I think I’m done.” Having abandoned the SeaPod venture, at least for the moment, Koch noted that he would have time to “take care of loose ends in Thailand”....
...I’m very glad I saw them together in the cinema....
...In contrast to some M&A, there can be room for both sides to think they are getting a marvellous deal....
...Son 11 years ago paid a record $117.5mn for the Woodside estate to buy the residence from Tully Friedman, co-founder of private equity group Hellman & Friedman....
...“I’m not being a racist, I’m being realistic.” Stanton had yet to decide which candidate to back, adding that she might go along to listen to Galloway, whom she called “quite a character”....
...UBS may have to wait until it has finished integrating Credit Suisse, however, before it tackles more M&A....
...In this same vein, I’m convinced that so-called natural interest rates lead to the best overall allocation of capital. Natural rates reflect supply and demand for money....
...Recommended reading I thought Thomas Friedman made a good case for a new “Biden Doctrine” in the Middle East. I just finished reading Hanya Yanagihara’s To Paradise, which is a true masterpiece....
...I’m Isabel Berwick. [MUSIC PLAYING] Getting what you want from your career isn’t easy, but getting what you want when you start at a disadvantage is even harder....
...Here’s what else I’m keeping tabs on today: Results: Eli Lilly, the maker of weight loss drug Mounjaro, reports this morning alongside KKR, Spotify, GE Healthcare and Hertz....
...“Antitrust is probably the biggest dampener [on M&A],” said Jefferies’ Friedman, “and that is only applicable to a small number of categories. The positive forces overwhelm that.”...
...“I’m a huge fan, and would always ensure my whole team stayed at her hotel, Blakes, whenever we were in London. I remember we’d go to each other’s rooms just to look at the décor.”...
...She cites Milton Friedman saying that “Anna [Schwartz] did all of the work, and I got most of the recognition.” Most of the instances of copied phrasing contain biographical information....
...First, I’m going to predict that Congress eventually passes the $60bn military aid package for Ukraine....
...One good read Vanessa Friedman on the meaning of Kristen Stuart’s clothes....
...Caitlin Friedman It took a long time for it to happen suddenly. Sonja Hutson For the FT News Briefing, I’m Sonja Hutson....
...“I’m always looking for an oomph factor,” she says....
...One is named Milton after the free-market guru Milton Friedman....
...Robert ArmstrongMilton Friedman said inflation is always and everywhere a monetary phenomenon — amount of money, amount of goods....
...I’m Peter Spiegel. I’m the US managing editor of the Financial Times. BTM Night School is a special series made in collaboration with Blinkist that will serve as a guide to the US economy in 2023....
...He wonders “how long I can keep putting in the work for, if I’m not getting the results?” But still he keeps playing “because I love it and I’m finding it difficult to replace what tennis gives me”....
...Sonia Friedman, a London West End producer, counters this saying: “As long as exciting and daring artists are taking work to Edinburgh, curious producers will follow eagerly along — but as the costs rise...
...“I’m taking a calculated risk, given the price points of our artists. But it shows that we are still very committed to the artists we want to champion,” she says....
...Andrew Tully, technical director at insurer Canada Life, said: “The belief that IHT is strictly for the affluent no longer applies.”...
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