Who Needs a Bloomberg Terminal? Political Drama Rocks US Markets!
Forget the Bloomberg terminal for now, the real action is in the relentless whirlwind of US politics. In a staggering turn of events, an assassination attempt on Trump nearly two weeks ago sent shockwaves through the nation, but the drama didn’t stop there. President Biden, after steadfastly refusing to step down did just that over […]
The Future is Now: Apple’s Vision Pro and AI Integration Spark Heated Debate
Apple has once again shown its knack for outshining competitors, as the launch of the Vision Pro proves the company is still able to leverage its reputation and design. Entering the VR market later than Meta, Google, and Oculus, Apple’s $3000 headset has made a splash in marketing with its see-through front panel and AI […]
Barclays, RBC Capital Markets: Advisory on TowerBrook and CD&R’s Acquisition of R1 RCM for $8.9bn
Barclays and RBC Capital Markets have played pivotal roles as financial advisors in the acquisition of R1 RCM Inc. by TowerBrook Capital Partners and Clayton, Dubilier & Rice (CD&R), valued at approximately $8.9 billion. This strategic move will see
Societe Generale Exclusive: 75% Stake Acquisition in Reed Management for €250m
Societe Generale has taken a major step in sustainable finance by acquiring a 75% stake in Reed Management SAS for €250 million. Reed Management, an alternative asset
Deutsche Bank, PWP: Advisory on CBIZ’s $2.3bn Acquisition of Marcum
Deutsche Bank is advising Marcum LLP in its significant $2.3 billion sale of its non-attest business to CBIZ, Inc. This strategic acquisition propels CBIZ into the position of the seventh-largest accounting services provider in the U.S., with expected annual revenues of approximately $2.8 billion. The deal, structured as a
Apollo Global Management: Q2 Profits Miss Estimates | Deep-Dive
Apollo Global Management reported a dip in second-quarter earnings, missing Wall Street’s expectations with an adjusted net income of $1.01 billion, unchanged from the previous year, and earnings per share of $1.64, below the anticipated $1.75. The firm’s insurance unit, Athene, saw an 11% decrease in profit to $710 million, primarily due to lower returns […]