Hints and tips:
...Allow DD to introduce you to Paul Best, a low-key 45-year-old, who in a two-decade investing career struck winning deals in a sector that has claimed the scalps of many of his private equity peers....
...Timms will take over from Neal Wolin, former deputy secretary of the US Treasury....
...Papa Johns announced that former basketball player Shaquille O’Neal will not stand for re-election to the company’s board of directors....
...Preventing ‘puffery’ A recent lawsuit has dealt a blow to companies that use sweeping language when dismissing accusations, DD’s Sujeet Indap writes....
...of which has underlying investment grade ratings,” Nick Proud, a senior managing director at Assured Guaranty, told DD’s Will Louch and Robert Smith....
...Aside from a little faux pas with Netflix, that’s not so bad compared to the Tiger Globals of the world....
...This is something we’ve talked a lot about on DD....
...Throw in a collapsed $3bn property deal between Blackstone and Soho China, a deepening liquidity crisis at Evergrande and a diplomacy faux pas from JPMorgan boss Jamie Dimon, and you’ve got the year in Wall...
...lifting a Stubbs painting into a crate....
...It was a gruelling skirmish that saw Oaktree’s founder Howard Marks fall out with longtime friend and Apollo founder Leon Black (DD’s Sujeet Indap wrote a book about this billionaires brawl)....
...Cooley has hired Neal Aizenstein as a partner in its new Chicago office. He was previously chair of DLA Piper’s Chicago corporate group....
...But DD readers may remember Cardinal Giovanni Angelo Becciu, a top Holy See official who oversaw a €500m investment portfolio of charitable donations....
...“It works like a mini-Spac,” Jain told DD’s Mark Vandevelde....
...Want to receive DD in your inbox? Sign up here. Get in touch with us anytime: Due.Diligence@ft.com. What’s a Spanish football king without his footmen?...
...AstraZeneca fights suspicions of a bad batch Here at DD we typically look at the finance side of big stories....
...HSBC’s French faux pas When asked how he felt about his bank, HSBC France, selling its retail operations to one of private equity groups Cerberus or AnaCap, the head of a French union said he was “caught...
...As a person close to Mayer put it to DD: “He didn’t sign up for this.”...
...and DD’s Eric Platt....
...Robust balance sheet (1.8x 21E EBITDA) offers scope for DD EPS accretive M&A and a change in holding structure opens the door to potentially larger strategic M&A....
...King & Spalding has added Stephen O’Neal as a partner to its construction disputes and international arbitration practice in San Francisco. O’Neal joins from Jones Day....
...Photo credit: Leon Neal/PA For information regarding your data privacy, visit acast.com/privacy...
...DD might seriously start considering an “every day is a bad day at SoftBank” series....
...There’s often very little on this subject because private investigators tend to be pretty good at their jobs and avoid a crucial faux pas: Being spotted by their mark....
...about £3bn, DD’s Kaye Wiggins writes....
...Latham & Watkins has hired two M&A and private equity lawyers, Neal Reenan and Ian Bushner, from rival Kirkland & Ellis. Both will split their time between the firm’s Boston and Chicago offices....
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