Financial Services – CorpDev.Org

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

Source Author: mkitchen

PE Firm’s £1.6B Takeover of Euromoney Wins Regulators’ OK [buyout/ takeover]

By Najiyya Budaly (November 11, 2022, 12:09 PM GMT) -- Financial publisher Euromoney said Friday that a £1.6 billion ($1.9 billion) takeover bid by a private equity consortium has cleared all...

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...

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

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...

Credit Suisse places U.S. asset management arm for sale [Private Equity Insights]

Source Author: Sebastian

Credit Suisse Ramps Up Efforts to Strengthen Finances [WSJ Pro – Private Equity]

Credit Suisse Group AG has intensified efforts to sell or shrink holdings in key businesses in recent days, part of a planned restructuring to remake the bank, people familiar with the matter said....

Credit Suisse seeking outside investor for advisory, investment banking spinoff – report [M A News on Seeking Alpha]

Source Author: unknown

Affiliates of Blackstone Real Estate Complete $3.6 Billion Acquisition of Bluerock Residential Growth REIT [Business Wire Merger/Acquisition News]

NEW YORK--(BUSINESS WIRE)--Blackstone (NYSE: BX) today announced that affiliates of Blackstone Real Estate (“Blackstone”) have completed the previously announced acquisition of Bluerock...