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Chris HughesQuartz |
Europe’s best-known private equity firm has spent years preparing for its initial public offering and was hesitating even before finally announcing...
Everyone says that mergers and acquisitions mostly fail. Now Bain & Co. brings a challenge to the received wisdom. The “Big Three” consulting firm...
Foreign acquirers — mainly from the US — are targeting UK companies again. This time they’re being forced to pay up. Forget the apparent cheap...
KPMG LLP audited Aberdeen Asset Management for 32 years before its client merged with Standard Life. Now, the Big Four accounting firm is in its...
Welcome to negotiation, Patrick Drahi style. Back in August, the billionaire struck a deferential tone when addressing bondholders financing his...
For bankers, the sticker shock at rising car insurance premiums on their Range Rovers has a silver lining. As renewal pricing goes up, so do the...
Corporate breakups are costly, distracting and short on concrete business benefits. So why do investors and analysts keep pushing for them? Picture...
Private equity firms love assets being cast adrift from multinationals, and auctions for these so-called “corporate carve-outs” tend to be heated....
An ambitious deal may be brewing in the US cable industry, creating a behemoth carrying nearly $125 billion of debt. If Spectrum Internet owner...
UK companies are falling over themselves to offload their pension-plan liabilities to the insurance industry. The changes in investment strategies...
The jumbo leveraged buyout is attempting a comeback. A deal for Sanofi SA’s consumer health-care business — purveyor of laxative brand Dulcolax...
Capital One Financial Corp.’s $35 billion deal for rival credit card provider Discover Financial Services is more than an opportunistic move on a...
A landmark judgment upholding the rights of US bondholders in one of Europe’s biggest real estate disasters should resonate widely. It’s a warning...
If the billionaire Agnelli family thought its investment in Royal Philips NV would rally once the regulatory fallout of the health-care company’s...
It’s a big year for elections — and that includes McKinsey & Co.’s poll to pick the Global Managing Partner for the next three years. As in so...
It’s a seller’s market for infrastructure asset managers. Conventional and alternative investment firms are falling over themselves to expand in...
Can we buy an American company before an American company buys us? It’s a question facing the chief executive officers of many European businesses....
Bain Capital has this week lost out on a second European software deal in a year. While the first was careless, the second looks more like misfortune....
Gotham City Research LLC’s short campaign against Spanish health-care firm Grifols SA is more a combination of analysis and conjecture based on...
The fortunes of European telecom billionaires Xavier Niel and Patrick Drahi could scarcely contrast more starkly. While Niel presses home his...
There was great relief when the owners of Canary Wharf — Brookfield Corp. and the Qatar Investment Authority — injected cash into the London...
It sounded quixotic, and so it proved. Activist investor Jeff Ubben is winding down his social and environmental impact funds, a project that sought...
When private equity firms push into an industry, you know there are decent returns to be made. Just consider their enthusiasm for the arcane business...
Investors’ appetite for obesity treatments is proving hard to satisfy. Swiss pharmaceuticals giant Roche Holding AG has just agreed to pay up to...
“Let me tell you about the very rich. They are different from you and me.” F. Scott Fitzgerald could have added that they are also generationally...
The private equity industry’s push into credit is so well advanced that no one bats an eyelid when the same buyout firm is invested in the debt and...
Is a hedge fund anything without its founder? Another batch of well-known hedge fund managers have sold out or moved to liquidate portfolios this...
Buyout barons will cheer Blackstone Inc. and Permira for reviving the private equity industry’s mojo with their deal for Adevinta ASA. Minority...
Bayer AG shareholders may be inured to the rising costs of litigation over the Roundup weedkiller the German company inherited with the 2018 takeover...
A charismatic entrepreneur pulls in wealthy investors to amass a portfolio of some of the finest prime real estate. Banks and bondholders are...
Bondholders are impatient by nature, but they’ve shown surprising forbearance toward troubled Swedish landlord SBB as their securities have plunged...
Elliott Management Corp. is taking another run at the drug-discovery sector. A campaign against UK pharmaceutical giant GSK Plc in 2021 proved...
Even in difficult markets, a well-regarded firm can do an initial public offering by accepting a low price and selling shares to bargain-hunting hedge...
Call this activism? The campaign by a former JPMorgan Chase & Co. banker against Telecom Italia SpA’s €20 billion-plus ($21 billion) sale of its...
There are clearly more positives than negatives in Morgan Stanley’s appointment of Ted Pick to succeed James Gorman as chief executive officer. But...
The increasing presence of international investors in the UK stock market looks at first glance like a success story for London. But it’s really a...
The March collapse in Deutsche Bank AG’s shares amid fears it would be the next victim of the US banking crisis is now a distant memory. The German...
The defining characteristic of investment banking is that bankers take more than their fair share of the rewards made by the firm. The UK’s decision...
After months of twists and turns, the attempt led by KKR & Co. to buy Telecom Italia SpA’s core network infrastructure is entering the endgame....
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Due to the technical or legal reasons, readability mode is not available for this article. Thank you for your kind understanding.
Due to the technical or legal reasons, readability mode is not available for this article. Thank you for your kind understanding.