Day: 24 June 2024

Morgan Stanley Exclusive: Advisory on $400m American Express Acquisition of Tock from Squarespace

Morgan Stanley has orchestrated a significant deal where American Express will acquire Tock from Squarespace for $400 million. This strategic acquisition is paired with the purchase of Rooam, a tech company specializing in mobile payments for the hospitality sector, although the financial terms for Rooam remain undisclosed. Tock, a robust platform offering

Point72 Exclusive: The New AI Focused Hedge Fund Explained

Point72, led by Steve Cohen, is preparing to launch an innovative hedge fund focused on artificial intelligence, aiming to secure around $1 billion in funding. This venture represents the firm’s first new hedge fund in decades, with a strategy to invest in and against AI hardware and semiconductor companies globally. Currently managing $33.9 billion in

Houlihan Lokey Exclusive: Advisory on Altaris’ Acquisition of Sharecare for $540m

Houlihan Lokey, alongside MTS Health Partners, has been pivotal as financial advisors in the acquisition of Sharecare by Altaris, valued at approximately $540 million. In this definitive agreement, Sharecare shareholders are set to receive $1.43 per share in cash. This offer marks an 85%

KKR Exclusive: Acquisition of Superstruct Entertainment from Providence Equity Partners

KKR, a global investment leader, has recently announced its acquisition of Superstruct Entertainment from Providence Equity Partners. This strategic move places Superstruct, a prominent European live entertainment company, under new ownership. Superstruct, known for its extensive

Citi Exclusive: Introducing the New European Hub CEO

Citi has appointed Ignacio (Nacho) Gutiérrez-Orrantia as the new CEO of its European hub, headquartered in Dublin. This strategic move places Gutiérrez-Orrantia at the helm of Citibank Europe, marking a significant leadership transition for the financial institution. Previously, he co-led Citigroup’s investment