CorpDev, Author at CorpDev.Org

Sequoia writes down $214m FTX investment to zero [Daily News]

Source Author: mkitchen

Estée Lauder nears $2.8bn deal to buy Tom Ford [Mergers & Acquisitions]

Cosmetics group in exclusive talks after beating rival bidder Kering Source Author: unknown

FTX looks for $9.4 bln in rescue funds from investors, rivals -source [Deals Market Headlines | Breaking Stock Market News | Reuters]

Nov 10 (Reuters) - FTX is scrambling to raise about $9.4 billion from investors and rivals, a source said on Thursday, as Chief Executive Sam Bankman-Fried urgently seeks to save the cryptocurrency...

Brookfield gathers $125bn war chest as CEO sees recession [buyout/ takeover]

Brookfield Asset Management’s earnings declined as volatile markets weighed on valuations of private assets, but the firm says it’s still on track for its biggest year of fundraising ever....

Rio Tinto’s bid for Turquoise Hill hits snags [Mergers & Acquisitions]

Regulators cite ‘public interest concerns’ and shareholders object to offer for mining group with stake in Oyu Tolgoi project Source Author: unknown

Brazilian Soccer League to Sell Rights for $971m to Mubadala Capital [Private Equity Insights]

The Brazilian Football League (Libra), one of two groups proposing new structures for soccer in the country, has confirmed it is in talks to sell a stake in its proposed competition to UAE investment...

FTC says it’s tracking developments at Twitter with ‘deep concern’ after key security departures [Mergers]

The Federal Trade Commission is closely watching Twitter's moves under new owner Elon Musk, a spokesperson said in a statement Thursday. The agency struck a settlement with Twitter earlier this year,...

FTC says it’s tracking developments at Twitter with ‘deep concern’ after key security departures [Mergers]

Read Elon Musk’s first email to all Twitter employees: Remote work over, company needs subscriptions to survive downturn [Mergers]

In his first companywide email to Twitter employees, new owner and CEO Elon Musk said he was ending the social network's "work from home forever" policy. Now, according to the email obtained by CNBC,...

Turquoise Hill further delays shareholder meet on $3.3 bln Rio Tinto buyout [buyout/ takeover]

Nov 6 (Reuters) - Canadian miner Turquoise Hill Ltd (TRQ.TO) said it has once again postponed by a week its special shareholder meeting to vote on the proposed take over by Rio Tinto Plc (RIO.L),...