Hints and tips:
Policies come as Beijing increases control over international financial hub
...Under the proposed deal, Finback would have bought a stake in a US vehicle called Gideon Cyber Systems LLC that several people familiar with the matter said was created to sell NSO products into the US,...
Move could test Beijing’s appetite to let Jack Ma-founded fintech expand after crackdown
Market maker founded by Ken Griffin seeks expansion in country with purchase of investment banking and brokerage unit
Sovereign wealth fund’s move underlines reputational risks faced by buyout firms
...In a hearing last Wednesday, Yellow’s lawyer from Kirkland & Ellis, Patrick Nash, said the trucking group had fought against the inclusion of the $500mn loan roll-up provision....
...Last year, DD’s Kaye Wiggins revealed collateralised fund obligations, which created a minor industry furore....
...Pegasus system developed by Israel’s NSO Group and blacklisted by the US government and is willing to spend tens of millions of dollars to find it, write the Financial Times’ Mehul Srivastava and Kaye Wiggins...
...Xinghai from the China Securities Regulatory Commission about their outlook for China’s economy and how to make it easier to invest in the country, multiple people with knowledge of the event told DD’s Kaye Wiggins...
...Next up, Apollo Global Management has shed its financial exposure to failed US trucking company Yellow, selling off a $500mn term loan and dropping plans to extend pricey financing to fund the freight group...
...Here is Shelley Simpson, president of the trucking company JB Hunt, commenting on a 7 per cent year over year decline in revenue in the first quarter: We’re in a challenging freight environment where there...
Orlando Bravo has personally championed bitcoin while his firm Thoma Bravo has a stake in FTX
Vigorous challenge is vowed as private lender takes over French pharma group Laboratoire XO
Offer values UK group at between £5bn and £6bn and will allow US parent to keep a minority stake
...Finback was considering buying a stake in Gideon Cyber Systems LLC, according to the term sheet....
Decision to disregard shareholder vote is latest corporate drama ahead of Elon Musk’s planned $44bn takeover
Billionaire financier brokered introduction to lawyer to help ex-mistress obtain legal status in UK
Private equity group must walk away for six months under UK takeover rules
CVC, Hellman & Friedman, Silver Lake and Oaktree emerge as rivals for a stake in Ligue 1
Private equity group teams up with India’s largest company in attempt to buy UK pharmacy chain
...Here are some of the highlights from an interview with DD’s Kaye Wiggins at the IPEM conference in Cannes last week: Spac sponsors should only make money if the stock goes up....
...Additional reporting by Kaye Wiggins in London...
Move brings an end to bidding war between Hellman & Friedman and EQT
...Of course, this is dragged up by outliers in the portfolio such as autonomous trucking play TuSimple (trading at 247 times). Still it’s eye-wateringly pricey....
Latest move by US PE group to buy into established companies in bid to improve their digital offerings
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