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...Alongside investing in telecoms, Warburg also backs companies in the technology, healthcare and business services sectors, among others....
...Ant’s efforts to expand its financial empire have been slowed since then. It was hit by a regulatory crackdown in late 2020 when its $37bn initial public offering was derailed....
...In a letter published in June last year, Sandler said that “while we can support the company pursuing seemingly rational acquisitions, funding them with highly undervalued equity is an empire building, shareholder...
...“Making an empire of e-two wheelers of this scale in a few years’ timeframe, this is tangible,” he said....
...The ‘nuclear option’ Universal’s showdown with TikTok is testing who has the most power in today’s music economy, the Wall Street Journal reports....
...The French group controlled by billionaire Vincent Bolloré has made expanding in pay-TV and streaming a priority after selling most of its stake in Universal Music Group, leaving Canal Plus as its main source...
...Lawyering up In addition to his father’s media empire, Lachlan Murdoch also stands to inherit the barrage of legal proceedings hanging over the family business, the FT reports....
...Lewis was given a knighthood earlier this year for his “political and public service”, having been an adviser to former UK prime minister Boris Johnson....
...Qatar to make an investment purchase at Reliance Retail On Monday, Mukesh Ambani spun off his subsidiary Jio Financial Services — the first unit from his Reliance Industries empire to list in almost 20...
...US hedge fund Millennium Management has amassed a $320mn bet against Mexican billionaire Carlos Slim’s telecoms empire amid a sharp fall in the company’s shares....
...Health Services Q4, Universal Music Group Q4 Thursday China: NBS manufacturing and non-manufacturing purchasing managers’ index (PMI) data France: Q4 GDP figures, plus February CPI and harmonised index...
...Empire of dirt A deal with a Colombian drug cartel gave a Calabrian mafia family the chance to advance from petty thugs to the rulers of an international crime syndicate....
...Q3, Universal Health Services Q3, Universal Music Group Q3, Vinci Q3, Volkswagen Q3, Volvo Q3, Whirlpool Q3, Willis Towers Watson Q3, WPP Q3 trading update Friday First anniversary of Elon Musk completing...
...LVMH’s big succession question With five children, Bernard Arnault faces difficult choices in divvying up his luxury empire and preserving his legacy, The New York Times reports....
...Implication: Can be positive: “In so doing, you will probably receive faster service and help your customers quicker.”...
...Now, the French tycoon’s tight grip over the debt-crippled grocery empire has backfired, the FT reports....
...A 19-year veteran of the company, Shell oversaw a sprawling empire at NBCUniversal, ranging from the NBC television networks to the Universal film studios, parks and resorts....
...The energy tycoon first built his empire by snapping up unloved, often carbon-intensive energy businesses on the cheap, often using external financing....
...But the Indian tycoon and his empire are still doing damage control....
...(Forbes) 11 November 2022: FTX, the once high-flying cryptocurrency group, has filed for bankruptcy protection in the US, marking a stunning collapse of the $32bn empire built by the colourful 30-year-old...
...FTX rebranded LedgerPrime’s crypto futures platform as FTX US Derivatives LLC and said the remaining business would become a family office making investments solely for Alameda Research....
...Recall that: ISM services new orders index fell by 10 percentage points in December to a contractionary 45. The Empire State manufacturing survey plunged in January....
...Simpson Thacher & Bartlett has hired Stephanie Biggs as a partner in London, where she will co-lead the firm’s European financial services and funds regulatory team. She joins from Travers Smith....
...It’s the definitive inside story of how Sam Bankman-Fried and his band of millennial millionaires lost a $40bn crypto empire....
...London-based Lily Gabriella Elia — who, through the Talisman collection, offers a taste of her bespoke service at an accessible price — agrees....
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