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CorpDev.Org

Daily News for Dealmakers

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Day: October 27, 2022

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

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

  • October 27, 2022
  • 0 Comments
  • By CorpDev
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...
Posted in Technology, Media and Telecom
As troubled Credit Suisse seeks billions, private equity firms are circling [Private Equity Insights]

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

  • October 27, 2022
  • 0 Comments
  • By CorpDev
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....
Posted in Financial Services

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

  • October 27, 2022
  • 0 Comments
  • By CorpDev
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...
Posted in Financial Services

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

  • October 27, 2022
  • 0 Comments
  • By CorpDev
When the deal closes, UserTesting will no longer trade on the New York Stock Exchange. Source Author: Iris Dorbian
Posted in Private Equity
Shell Launches $4B Share Buyback Program Ending Feb. 2 [Law360: Mergers & Acquisitions]

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

  • October 27, 2022
  • 0 Comments
  • By CorpDev
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....
Posted in Energy & Utilities
Kroll Sees Rebound in Apparel M&A in 2023 After Fourth Quarter Slowdown [Mergers & Acquisitions – a leading source for M&A analysis]

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

  • October 27, 2022
  • 0 Comments
  • By CorpDev
“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,...
Posted in Consumer and Industrial

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