October 2022 - CorpDev.Org

Elon Musk Starts Putting His Imprint on Twitter [NYT > Mergers, Acquisitions and Divestitures]

The billionaire began as Twitter’s new owner by announcing a content moderation council and meeting employees, as some of the social media service’s users celebrated. Source Author: Kate Conger,...

Trump applauds Musk’s Twitter takeover, says the platform that banned him ‘is now in sane hands’ [buyout/ takeover]

Twitter's most famous banned user, former President Donald Trump, applauded the platform's new ownership by billionaire Elon Musk, who previously said he doesn't believe in permanent suspensions....

Michael Klein plans merger with Credit Suisse investment bank [Mergers & Acquisitions]

Former Citigroup executive said to be aiming to acquire a substantial shareholding in CS First Boston Source Author: unknown

Elon Musk Takes Twitter, and Tech Deals, to Another Level [NYT > Mergers, Acquisitions and Divestitures]

Silicon Valley moguls used to buy yachts and islands. Now they are rich enough, and perhaps arrogant enough, to acquire companies they fancy. Source Author: David Streitfeld

Elon Musk to take over as Twitter CEO: Report [CXO VT]

World's richest man Elon Musk plans to assume the role of chief executive officer at Twitter Inc. as he completes the $44 billion acquisition of the social media giant. He will hold the role of CEO...

As troubled Credit Suisse seeks billions, private equity firms are circling [Private Equity Insights]

Credit Suisse plans to raise $4bn from investors, cut thousands of jobs and shift its focus from investment banking towards rich clients as the bank attempts to put years of scandals behind it....

Credit Suisse Nears Sale of Securitized-Products Group [WSJ Pro – Private Equity]

Credit Suisse CS -1.03% Group AG is nearing a deal to sell its securitized-products group to heavyweight investors Apollo Global Management Inc. APO -0.31% and Pacific Investment Management Co. as...

Thoma Bravo and Sunstone to take UserTesting private for $1.3bn [PE Hub]

When the deal closes, UserTesting will no longer trade on the New York Stock Exchange. Source Author: Iris Dorbian

Shell Launches $4B Share Buyback Program Ending Feb. 2 [Law360: Mergers & Acquisitions]

Shell PLC said on Thursday that it is beginning a $4 billion share buyback program over the next three months to reward investors, as the energy giant reported its latest "robust" profits....

Kroll Sees Rebound in Apparel M&A in 2023 After Fourth Quarter Slowdown [Mergers & Acquisitions – a leading source for M&A analysis]

“PE firms are sitting on the sidelines, but strategic investors are looking at solid valuations in high-growth brands.” Kroll a provider of services and digital products for valuation,...