Hints and tips:
...Rabe said it might be an opportune moment for a “bigger step” to scale up BMG, which has already sought to expand its catalogue through a partnership with KKR, the private equity firm....
...News round-up Lightspeed taps private equity playbook as it eyes $1bn asset sale (FT) Blackstone plans deal spree to pre-empt market revival (FT) New York-based PR firms plan merger under WPP overhaul...
...equity firm KKR....
...Thanks in large part to catching on early to the value of artists’ back catalogues — and snapping them up in a huge buying spree funded partly by the US private equity firm KKR — BMG is now the world’s fourth...
...Asda and Morrisons are both labouring under the weight of debts from private equity-backed takeovers that could limit their room for manoeuvre on margins and prices....
...Its minority owner, private equity firm LetterOne, was led by Mikhail Fridman, a Russian billionaire who has been the target of sanctions, and who stepped down from his role at the investment vehicle on...
...The fund manager started executing private trades at his desk at Union’s headquarters....
...Europe’s landlords: The Greens in the European parliament have commissioned this study looking at the regulatory framework and increased activity of real estate companies, pension funds and private equity...
...At its offer price, Mytheresa’s market capitalisation of $2.2bn already represented a leap from valuation estimates in recent years and a big win for private equity group Ares Management, Mytheresa’s principal...
...They are often seen by critics, as reliable rubber-stamps for private equity firms....
...Welcome to Due Diligence, your briefing on dealmaking, private equity and corporate finance from the Financial Times. Want to receive DD in your inbox? Sign up here....
...One huge thing to start: Leon Black is to retire as chief executive of Apollo Global Management, the private equity group he founded in 1990....
...SAP founder and billionaire Dietmar Hopp is also expected to buy €100m worth of CureVac shares in a private placement at their IPO price after the listing....
...Berthold Baurek-Karlic, an investor and board member of the Austrian private equity and venture capital association, says: “We need equity programmes — at the moment we don’t have enough private equity and...
...His business Berkshire Hathaway owns an awkward 30 per cent stake in the US building products maker USG Corp, which has an equity value of nearly $6bn. He has been an investor since 2000....
...At the moment, those Springer Nature shares not owned by Holtzbrinck — about 47 per cent — are held by private equity investor BC Partners....
...In 2017 he was against launching a hostile $143bn bid for Unilever alongside private equity firm 3G Capital after the consumer goods giant expressed opposition to the deal....
...Beyond the Square Mile Asian equities rose on Monday tracking Wall Street’s gains on Friday following a solid US jobs report....
...Those discussions are private and confidential,” the spokesperson said. Learndirect was privatised in 2011 and is owned by LDC, the private equity arm of Lloyds Bank....
...The Financial Times reported earlier that the two sides were set on Thursday to reveal a deal, which is one of the biggest European private equity sales of 2017....
...SCA, the personal care-to-forestry products group, is buying the owner of brands including Leukoplast, Cutimed and Actimove, from private equity firm EQT....
...On Thursday, Burda announced it had acquired Immediate Media, the parent company of the Radio Times and other magazine titles such as Top Gear and CBeebies, from UK private equity group Exponent....
...SCA beat rival bids from private equity groups including BC Partners and others....
...That leaves bail-ins or a private sector bailout as the only possible alternative solution....
...It was bought last year by Menlo Capital, a small Portuguese private equity firm whose other investments include a hamburger chain and a bilingual school....
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