Chris Nassetta, Hilton President and CEO, reflects on how Blackstone Inc. brought him on to run the hotel chain in 2007 just before the Great Recession. Blackstone bought the company for about $26 billion. He is interviewed by David Rubenstein, Co-Founder and former...
Long-standing supporters of Chelsea FC are more than familiar with the vicissitudes of billionaire ownership. Roman Abramovich, the Russian energy tycoon and former friend of Vladimir Putin, has been at the helm for almost two decades during which managers and coaches...
Raids on British defence companies have sparked fears a crucial industry will be hollowed out. The UK has the second-biggest aerospace and defence sector in the world. But swoops on firms including Ultra Electronics and Meggitt have increased fears that this is in...
There was a lot of action in 2021 in enterprise M&A — once totaled, my top 10 deals came in at just under $121 billion. And the biggest enterprise deal of the year by far — Oracle’s bid to buy Cerner — happened as I was writing this post. The final tally doesn’t...
KKR revealed that it has increased its share repurchase authorization to $500 million. As of October 29, 2021, about $160m of buyback authority remained outstanding under the previous program. KKR engages in the provision of investment and private equity asset... 