by Sebastian | Nov 28, 2019 | DPEC, GPEC, News
Deutsche Bank AG has found a willing partner in Goldman Sachs Group Inc. as the German lender tries to quickly offload billions of euros worth of unwanted assets. The U.S. bank bought securities with a notional value of about 40 billion pounds ($51 billion) from the...
by Sebastian | Nov 28, 2019 | News
In March, Forbes magazine put Kylie Jenner on its cover and dubbed the 21-year-old member of the larger Kardashian-Jenner conglomerate the youngest self-made billionaire in history, not to mention the youngest billionaire alive. There was plenty of online...
by Sebastian | Nov 28, 2019 | News
Baring Private Equity Asia has agreed to purchase medical device maker Lumenis from current owner XIO Group in a move that gives the Israeli business an enterprise valuation of more than $1 billion, marking an SBO of a size seldom seen so far in 2019—as well as an...
by Sebastian | Nov 28, 2019 | News
When Big Machine Records, the owner of Taylor Swift’s back catalogue, was sold earlier this year, minority investor Carlyle Group declared that it had seen a “big shift” in the power of celebrities over consumers. Carlyle had helped finance the $300m deal as part of a...
by Sebastian | Nov 28, 2019 | FPEC, News
LVMH and Tiffany & Co. are finally getting together after weeks of anticipation. The two companies announced Monday that LVMH will buy the Manhattan jeweler, famous for its little blue boxes and Fifth Avenue flagship store. The French luxury group will pay $135 per...
