JP Morgan Exclusive: Advisory on Cleveland-Cliffs’ $2.5bn Acquisition of Stelco
JP Morgan, alongside Wells Fargo and Moelis & Company LLC, has advised Cleveland-Cliffs Inc. on its strategic acquisition of Stelco Holdings Inc. for approximately USD $2.5 billion. This deal marks a significant expansion for Cleveland-Cliffs, doubling its exposure to the flat-rolled spot market and reinforcing its position as a leader in North American steel production. […]
Deutsche Bank AG: Asia Financial Sponsor Financing Head Leaves
Deutsche Bank AG has announced the departure of Rahul Chawla, the head of financial sponsor financing for Asia, who is leaving to pursue personal interests. Chawla, who was stationed in Singapore, had assumed his recent role just last year. Previously, he co-headed the investment
Temasek Exclusive: Minority Stake in Private Credit fund ADM Capital
Temasek’s subsidiary, Seviora Holdings, is set to acquire a minority stake in ADM Capital, a specialist in private credit. This move is part of Seviora’s strategy to enhance its private credit offerings across various regions. The deal, pending regulatory approval,