Today: October 08, 2024
Today: October 08, 2024

Springer and KKR considering split of German media giant, sources say

FILE PHOTO: CEO of German publisher Axel Springer SE Doepfner holds a speech during the annual news conference in Berlin
July 12, 2024
Reuters

BERLIN (Reuters) - German media giant Axel Springer, which owns Germany's popular Bild tabloid and political news company Politico, is considering a split of the company together with private equity group KKR, two sources familiar with the matter told Reuters on Friday.

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Citi hires LaVoie from Wells Fargo to head West Coast private equity M&A

Investment banker John LaVoie is joining Citigroup to head up its U.S. West Coast private equity dealmaking unit, according to an internal memo seen by Reuters on Tuesday.

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Brazilian airline Azul's shares jump on debt deal with lessors

Shares in Brazilian airline Azul jumped on Tuesday after it announced a debt deal with lessors, which analysts see removing an overhang in place since media reports suggested the

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Gold and coffee boost September hedge fund returns, says Societe Generale

Gold and coffee helped to deliver trend-following hedge funds a positive result in September, a Societe Generale note showed on Tuesday, thanks to record

Gold and coffee boost September hedge fund returns, says Societe Generale
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US power use forecast to reach record highs in 2024 and 2025, EIA says

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Bank of America names Brabazon co-head of global M&A, memo says

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Mexico's Walmex expects final ruling from antitrust watchdog soon

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Continental expects drop in European and North American car output in third quarter

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