Day: 20 September 2024

Evercore, Citi: Advisory on Vistra’s 15% Stake Acquisition in Vistra Vision for $3.2bn

Evercore, alongside PJT Partners, is advising Nuveen and Avenue as they sell their combined 15% stake in Vistra Vision LLC to Vistra Corp. The deal, valued at a

Oaktree Capital: £200m Acquisition of Close Brothers Asset Management From Close Brothers

Close Brothers Group plc has agreed to sell its asset management arm, Close Brothers Asset Management (CBAM), to Oaktree Capital Management for £200 million in cash. This strategic move, set to finalize in the second quarter of 2023 pending regulatory approvals, marks a significant expansion for Oaktree into the UK and European markets.

Jefferies Exclusive: Advisory on Syntiant’s £150m Acquisition of the Consumer MEMS Microphones Business of Knowles

Jefferies served as the exclusive financial advisor to Knowles in its strategic divestiture of the Consumer MEMS Microphones (CMM) business to Syntiant Corp for $150 million. This significant transaction, facilitated by Needham & Company, LLC for Syntiant, underscores a pivotal shift in Syntiant’s strategy towards enhancing its edge AI capabilities. Knowles, a leader in high-performance

Barclays Exclusive: Introducing the New Co-Head EMEA Investment Banking Alisdair Gayne

Barclays has appointed Alisdair Gayne as the new co-head of investment banking for Europe, the Middle East, and Africa (EMEA), alongside the current head, Tim Main. This promotion was detailed in an internal memo that Bloomberg News reviewed. Gayne will maintain his current

Macquarie Group: SEC Fraud Allegations Settled for $79.8 Million

Macquarie Investment Management Business Trust has agreed to a $79.8 million settlement with the Securities and Exchange Commission (SEC) over allegations of inflating asset values and overstating account performance. The agreement, which was reached without the firm admitting or denying the SEC’s findings, concludes charges that it misrepresented the value of illiquid investments and exaggerated […]