Hints and tips:
...It was the second time Elliott concluded a deal brought by Blue Skye, which had been instrumental in their joint acquisition of Hotel Bauer in Venice....
...But the elephant in the ballroom at the Roosevelt Hotel was Elon Musk....
...Nor did it file in Delaware, where most of its entities are incorporated....
...It also sold billions in property assets, such as hotels, self-storage operators and an interest in the Bellagio, a Las Vegas casino....
...A lot of deals will get done this year,” echoed Connor Teskey, president of Brookfield Asset Management....
...As the FT’s Sujeet Indap reported on Wednesday, a Delaware decision last week striking down how much decision-making power Ken Moelis has at his boutique bank Moelis & Co, may prove pivotal in the Crown...
...Efforts at Gucci to turn around its business under new designer Sabato de Sarno as well as new management after several years of declining sales have yet to bear fruit....
...of the happiest moments of his life occurred in 1987 at the Parker Meridien Hotel in New York....
...that it had struck a deal with Apollo Global Management to pump in $142.5mn as fresh bankruptcy financing....
...Reflexive votes in favour of management are not....
...The Chancery decided that Loews had short-changed shareholders of an energy pipeline subsidiary, Boardwalk Pipeline Partners LP, when it acquired Boardwalk for $1.5bn in 2018....
...Bain Capital has hired Brookfield Asset Management’s Angelo Rufino to join its special-situations unit, Bloomberg reports....
...As of October, Breit accounted for about 10 per cent of Blackstone’s total fee-earning assets under management....
...Corporate results Food and beverage group PepsiCo, hotel chain Hilton, cigarette and tobacco manufacturer Philip Morris International and food manufacturer Kellogg report earnings before the market opens...
...EU corruption probe: Spies, cash and luxury hotels Pier Antonio Panzeri has emerged as a central figure in the corruption probe that shocked the Brussels establishment in December....
...The Carlyle Group notably got its name from a New York hotel the founders were fond of. Like hotels, private equity groups have checkout times....
...Join the Financial Times, in collaboration with Ignites and FundFire, on September 28-29 for our Future of Asset Management North America summit at the Westin Times Square and online....
...And one BIG event: We can’t wait to see you tomorrow in London at the Pan Pacific hotel in London for Due Diligence Live....
...In private meetings at the InterContinental hotel, the industry’s senior figures predicted everything from an 18-month “blip” to a difficult decade....
...Some clients may have qualms about such “personal account” investing, according to Charles Elson, a corporate governance expert at the University of Delaware....
...Whitbread, Britain’s biggest budget hotel operator, has poached Domino’s Pizza UK head Dominic Paul to replace its chief executive Alison Brittain....
...Lake Nona Fund / LN Sports & Health Tech Fund I, LP . . . Exponent Founders Capital I, LP . . . SH Fund, LP . . . Curated [chef recommends] . . . Race Capital II, LP . . ....
...He was previously at hedge fund Elliott Management, where he was an associate portfolio manager and worked for the past nine years....
...The deal is in line with the value of Henderson Park’s previous hotel transactions, which include buying the 440-room Westin hotel in Paris and two of the UK’s largest hotels — the London and Birmingham...
...Crown’s non-compliance was “longstanding, systemic and reflective of wholly inadequate oversight by the board and senior management”, said Austrac in the claim....
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