Hints and tips:
...“We think investors have remained unconvinced on the strategic shift,” said Biraj Borkhataria at RBC Capital Markets....
...“This pioneering agreement allows us to maintain the strategic direction of the upstream unit,” he added, while boosting the “transformation of the company and its multi-energy profile to achieve zero net...
...Michael Cusumano, professor of strategic management at MIT Sloan and co-author of The Business of Platforms, has researched more than 400 unicorns (companies that are worth more than $1bn) that have platform...
...He also extended a $30mn loan to a company registered in the name of Epstein’s private pilot. The company, Plan D LLC, owned a Gulfstream jet....
...Binance plans to take a $200mn stake in US business media group Forbes, which it once sued for defamation, as the century-old publisher aims to go public via a special purpose acquisition company....
...Fortress also owns the US restaurant group SPB Hospitality and this month took a majority stake in the Irish hotel company Prem Group....
...Case in point: Elliott’s 2018 victory at hotel and restaurant multinational Whitbread, when the activist used an — albeit uncharacteristic — gentle approach to get its way and spin off the group’s Costa...
...Even so, both companies are announcing new partnerships and acquisitions almost every week....
...Now shares in the real estate company are trading higher than the level of the Fortress bid, and with good reason....
...(v) Restructuring continues. Of course it does. But what about that Tesla, eh?...
...(Though we note Rothschild wasn’t on the deal — a possible strategic mistake?)...
...(NYT) Leadership and self care A smart post by venture capitalist Fred Wilson in response to Twitter abuse hurled at the company’s chief executive Jack Dorsey after a recent “tweet storm” about a recent...
...Some of the best deals ever struck by companies are the ones few thought would even matter. Think of Priceline’s $133m acquisition of Booking.com back in 2005....
...It has advised on some of the biggest deals in recent years from Walt Disney on its $89bn acquisition including debt of 21st Century Fox’s assets, to Charter in its $87.4bn acquisition of Time Warner Cable...
...This enables us to take a long-term view and more strategic view.”...
...Amelia Pan joins in London from JPMorgan Chase where she was an executive director and worked with companies on building relationships with strategic investors....
...“The strategic rationale reflects our view that the value of Crown’s domestic assets has been overshadowed by Macau weakness,” Macquarie said....
...John Lilly at Greylock Capital, which closed a deal to invest in Instagram just days before the acquisition, says Instagram could have become a “big, durable company”....
...Carlyle, the private equity firm, has bought a unit of healthcare company Johnson & Johnson in a $4.15bn deal, joining the host of companies making acquisitions as the new year gets under way....
...Bankruptcy We discussed this at some length on Monday because it reminded us of Texas Competitive Electric Holdings Company LLC (TCEH) in 2011....
...The two companies will also enter into a strategic partnership, allowing them to buy stock more effectively. “We can collaborate on buying opportunities and sharing competency,” said Mr Wilson....
...A judge in Regina v....
...But attempts to map out where he was taking the company in the strategic sense have been less successful, say many observers....
...It was announced last year that Gilles Pélisson, the executive chairman of Accor, is due to leave the company this month after “strategic differences” with core shareholders and the board....
...His experience includes public and private equity and debt capital markets transactions, property development and acquisitions, permanent mortgage lending, workouts, dispositions, and strategic and financial...
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