Hints and tips:
...Some of the biggest deals struck in the quarter included Capital One’s $35bn acquisition of Discover Financial, and chip design toolmaker Synopsys’s $35bn takeover of engineering software maker Ansys....
...His investment nous won him admirers among Wall Street royalty including Oaktree Capital Management co-founder Howard Marks and Blackstone’s Stephen Schwarzman....
...On Wall Street, you never want the next person to profit off your genius....
...Downing Street and Stowell declined to comment....
...Then 3G Capital went on an acquisition spree....
...“In a hybrid work world where demand for WeWork’s product should be greater than ever, my clients believe that the synergies and management expertise offered by an acquisition by my clients could significantly...
...Wall Street on Ozempic The novel weight loss drug is fuelling wild market predictions, from snack makers pivoting to produce, to airlines saving on fuel because of lighter passengers, The Wall Street Journal...
...One private equity firm going directly after another is regarded as a breakdown of decorum in a province of Wall Street where a measure of professional comity among peers still persists....
...Pressure on yields has also been exacerbated by a dearth of big mergers and acquisitions since the Fed began raising rates....
...KKR wants to be more like Berkshire US private equity giant KKR is famed on Wall Street for stalking corporate targets from RJR Nabisco to Alliance Boots and US Foods....
...The deal highlights private equity’s continuing interest in high-street food chains despite a mixed record in the space....
...Job moves Imran Siddiqui has been named chief executive officer of Talcott Financial Group, a life insurer affiliated with Sixth Street....
...The Dell buyout and the EMC takeover were hotly contested on Wall Street, drawing criticism from activist investors such as Carl Icahn....
...Adani Energy Holdings Limited and its subsidiaries filed annual accounts with UK’s Companies House last month that were audited by Ferguson Maidment & Co, a small chartered accountant based on Fleet Street...
...reads War and crypto The Hamas militants behind the attack on Israel raised millions in cryptocurrency, highlighting how governments have struggled to cut off such groups from foreign funding, The Wall Street...
...They join Eminence Capital, a Wall Street activist that also owns a stake and went public with its grievances in June....
...The acquisition, announced on Tuesday night, also marks a push into a new region as the company navigates a stark downturn in its US portfolio as a result of rising interest rates and inflation....
...In the mid-1990s, when Sine was a banker at Morgan Stanley, he advised Son on his $2bn acquisition of the computer and technology magazine publisher Ziff Davis....
...Wall Street analysts put the company’s payments to Apple alone at $16bn-$20bn a year, making its search service the first thing users see on the iPhone maker’s Safari browser....
...None of which has stopped BlackRock, Vanguard, State Street and Invesco, the powerhouses in the $7.5tn US market, from tapping demand in Europe for low-cost index-tracking funds....
...Between heavy marketing and operational costs and a multibillion-dollar acquisition, its nearly $6bn of junk bond debt was looking untenable....
...Bankers across Wall Street like to say client matters come first....
...Behind closed doors, executives were pushing a different narrative, the Wall Street Journal reports. Great expectations Some saw Arm’s listing as a positive sign for a laggard IPO market....
...The Wall Street Journal reports. Sink or swim Thames Water is treading for its life. FT Alphaville dives into its murky finances....
...Smith will make a large investment in Qualtrics and is expected to take an active role in expanding the business through acquisitions and heavy investment in new technologies....
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