JP Morgan, Goldman Sachs: Advisory on Supreme Acquisition for $1.5bn by EssilorLuxottica

JP Morgan and Latham and Watkins have taken the helm as exclusive financial and legal advisors for EssilorLuxottica in its strategic acquisition of the streetwear brand Supreme® from VF Corporation, valued at $1.5 billion in cash. The deal, slated to close by the end of 2024, positions Supreme® within EssilorLuxottica’s prestigious portfolio, which includes renowned […]

Allianz Exclusive: 51% Stake Acquisition in Income Insurance for $1.6bn

Allianz SE has announced a strategic move to acquire a 51% stake in Singapore’s Income Insurance through its subsidiary, Allianz Europe B.V. The deal, valued at approximately SGD 2.2 billion (around EUR 1.5 billion), is set to propel Allianz to the fourth largest composite insurer in Asia, significantly up from its current ninth position. This […]

HSBC Exclusive: UK Headquarters Office to Receive Massive Tranformation

HSBC’s UK headquarters at 8 Canada Square, a landmark in London’s Canary Wharf for over two decades, is set for a significant overhaul. The 45-story building will be transformed into a premier venue that combines workspaces with leisure, entertainment, education, and cultural attractions. This initiative is a collaboration

Ares Management: Behind the New York Manhattan Office Expansion

Ares Management Corp. has expanded its Manhattan office space, securing the top eight floors at 245 Park Avenue, a prime location near Grand Central Terminal. This move increases their footprint by three floors, accommodating around 1,150 employees, up from 698 as of late May. A spokesperson for Ares highlighted

Morgan Stanley: Introducing the New Co-Head of Investment Banking

Morgan Stanley has reshuffled its leadership in the investment banking division, appointing Mo Assomull as the new co-head. He joins Eli Gross and Simon Smith at the helm, signaling a strategic push to invigorate the firm’s market presence. Assomull, a seasoned veteran with