Today: September 08, 2024
Today: September 08, 2024

Latest From Anirban Sen

Business|Economy|Finance

Goldman hires investment banker Beitzel from Citi to drive FIG dealmaking

Goldman Sachs has hired veteran investment banker Matt Beitzel, who used to lead Citigroup's coverage of North American banks, as a partner in its financial

Goldman hires investment banker Beitzel from Citi to drive FIG dealmaking
Business|Entertainment|Finance

Edgar Bronfman prepares offer for National Amusements, source says

Seagram heir and media industry executive Edgar Bronfman Jr. is preparing an offer for National Amusements, the family company that controls Paramount Global, a source

Business|Science|Technology

Biotech firm Recursion to buy smaller peer Exscientia for $688 million

Recursion Pharmaceuticals, a biotech firm which uses artificial intelligence to discover new drug candidates, has agreed to buy smaller rival Exscientia for $688

Business|Entertainment

Disney may have to pay $5 billion more for Comcast's Hulu stake

Walt Disney said on Wednesday it may have to pay up to $5 billion more to buy Comcast's minority stake in Hulu, if an appraiser were to agree with Comcast's assessment that

Business|Finance

Snickers maker Mars explores acquisition of Kellanova, sources say

Family-owned packaged food giant Mars, whose candy brands include M&M's and Snickers, is exploring a potential acquisition of Kellanova, maker of snacks such as Cheez-It and

Snickers maker Mars explores acquisition of Kellanova, sources say
Business|Economy|Finance

Blackstone in bid to acquire shopping center owner Retail Opportunity, sources say

Private equity firm Blackstone is in early-stage talks to acquire Retail Opportunity Investments Corp (ROIC), which owns U.S. shopping centers and has a market value of close

Blackstone in bid to acquire shopping center owner Retail Opportunity, sources say
Business|Economy

Buyout firm L Catterton approaches Mattel with acquisition offer, sources say

L Catterton, the private equity firm backed by luxury goods giant LVMH, has approached Mattel, the toy maker behind Barbie and Hot Wheels, with an acquisition offer,

Buyout firm L Catterton approaches Mattel with acquisition offer, sources say
Business|Economy|Finance

With no big deal safe, investment bankers move to safeguard fees

Investment bankers are changing how they ask to be paid in a bid to preserve and boost fee revenue they generate from advising companies on mergers and acquisitions

With no big deal safe, investment bankers move to safeguard fees
News

Exclusive-BDT & MSD Partners explores $5 billion sale of Alliance Laundry-sources

Merchant bank BDT & MSD Partners, the owner of Alliance Laundry Systems, is exploring a sale of the U.S. laundry equipment manufacturer that could value it at nearly $5

Economy

Cleveland-Cliffs CEO mulls much lower bid for US Steel if Nippon deal falls apart

Cleveland-Cliffs CEO Lourenco Goncalves said on Thursday

Business|Economy

Buyout firm Sycamore vies to take Nordstrom private, sources say

Sycamore Partners is one of the buyout equity firms that have expressed

Business

CC Capital is a suitor for club operator Soho House, sources say

CC Capital, the investment firm led by former Blackstone executive Chinh Chu, is one of the suitors in talks to take members club operator Soho House private, according to

CC Capital is a suitor for club operator Soho House, sources say
Business

Diamondback Energy, Endeavor Energy near $25 billion merger, sources say

U.S. shale oil rivals Diamondback Energy and Endeavor Energy Resources are close to finalizing a roughly $25 billion cash-and-stock deal that would create an oil and gas

Diamondback Energy, Endeavor Energy near $25 billion merger, sources say
Business

Exclusive-Trump's media deal partner nears $50 million financing -sources

Digital World Acquisition Corp, the blank-check acquisition company that has agreed to take former U.S.

Exclusive-Trump's media deal partner nears $50 million financing -sources
Business

Choice Hotels nominates board directors in hostile Wyndham bid-sources

Choice Hotels International pressed ahead with its $8 billion hostile bid for Wyndham Hotels & Resorts on Monday by nominating a slate of directors to replace

Choice Hotels nominates board directors in hostile Wyndham bid-sources
Business

Analysis-Investors see US politics delaying Nippon Steel's U.S. Steel acquisition

Investors are betting Nippon Steel Corp will take longer to complete its $14.9 billion acquisition of U.S.

Analysis-Investors see US politics delaying Nippon Steel's U.S. Steel acquisition
Business

Cigna abandons pursuit of Humana, plans $10 billion share buyback -sources

U.S. health insurer Cigna has ended its attempt to negotiate an acquisition of rival Humana after the pair failed to agree on price, two sources familiar with the situation

Cigna abandons pursuit of Humana, plans $10 billion share buyback -sources
Business

Exclusive-Choice Hotels prepares to challenge Wyndham's board -sources

Choice Hotels International is preparing to nominate directors to the board of rival Wyndham Hotels & Resorts, seeking to break a stalemate in an $8 billion takeover battle,

Exclusive-Choice Hotels prepares to challenge Wyndham's board -sources
Business

Investment bankers see dealmaking lull storing pent-up demand

Some of the world's top investment bankers said on Wednesday that a drop in corporate dealmaking in 2023 sets the stage for a pick-up in activity once uncertainty

Investment bankers see dealmaking lull storing pent-up demand
Business

Consolidated Communications shareholder Wildcat opposes $3.1 billion take-private deal

Wildcat Capital Management, a top shareholder in Consolidated Communications Holdings, said on Friday it plans to vote against its $3.1 billion takeover by an

Consolidated Communications shareholder Wildcat opposes $3.1 billion take-private deal
Business

Blackstone, Vista Equity to buy software firm Energy Exemplar

Blackstone and Vista Equity Partners said on Tuesday they will acquire Australia's Energy Exemplar, a provider of energy market software, from private equity firm Riverside

Blackstone, Vista Equity to buy software firm Energy Exemplar
Business

Birkenstock eyes pricing IPO at top of range -sources

Birkenstock Holding Ltd has secured enough commitments from investors to price its U.S. initial public offering (IPO) at the top of its indicated range and attain a

Birkenstock eyes pricing IPO at top of range -sources
Business|Economy

Goldman Sachs hires from rivals to expand in mid-market deals

Goldman Sachs told Reuters it has hired two investment bankers from rival banks as part of a push to advise on more smaller deals worth up to $2 billion.

Goldman Sachs hires from rivals to expand in mid-market deals
Business|Economy

Paul Weiss hires top deals lawyer Langston from Cleary

Law firm Paul, Weiss, Rifkind, Wharton & Garrison is hiring a top dealmaker Jim Langston from rival firm Cleary Gottlieb Steen & Hamilton as a partner in its mergers and

Paul Weiss hires top deals lawyer Langston from Cleary

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