NEW YORK, April 24, 2023 /PRNewswire/ — J.F. Lehman & Company (“JFLCO”), a leading middle-market private equity firm focused exclusively on the aerospace, defense, maritime, government and environmental industries, is pleased to announce several new hires. The firm recently welcomed Evan S. Lederman, Lionel Jolivot, Peter C. Kuper and Winfield S. Browning to the Investment… Continue reading J.F. Lehman & Company Announces New Hires
Tag: Morgan
Zipmex in talks with Blue Square Capital, other potential investors as buyout deal in jeopardy
Embattled digital asset exchange Zipmex is in talks with several potential investors to prevent liquidation after “an investor” signalled it is pulling back from a $100 million buyout deal. Singapore’s Blue Square Capital is among the investors that have expressed an interest in injecting cash into the firm, according to a court hearing on Friday… Continue reading Zipmex in talks with Blue Square Capital, other potential investors as buyout deal in jeopardy
BPEA initiates talks to invest in Indian fertility clinic chain Indira IVF
Baring PE Asia (BPEA) has initiated talks to invest in Indira IVF, as a number of shareholders in the Indian infertility clinic chain consider selling their stakes to raise funds. Talks are at a preliminary stage right now, sources told DealStreetAsia, as the deal is officially set to be launched by investment bankers in May.… Continue reading BPEA initiates talks to invest in Indian fertility clinic chain Indira IVF
Alibaba’s supermarket chain Freshippo said to pursue HK IPO
Freshippo, the supermarket chain owned by e-commerce giant Alibaba, is reportedly making preparations for an initial public offering (IPO) in Hong Kong, according to sources cited in a Bloomberg report. The report, which quoted people familiar with the matter, said Freshippo has already tapped investment banks, including China International Capital Corp and Morgan Stanley, to… Continue reading Alibaba’s supermarket chain Freshippo said to pursue HK IPO
Glencore raises pressure on Teck Resources with promise of sweeter bid
Glencore’s plan would combine and spin off its thermal coal unit and Teck’s steelmaking coal business. Glencore has told Teck Resources shareholders it is willing to improve its USD22.5 billion takeover offer, raising pressure on the Canadian miner to ditch a restructuring plan and sit down at the negotiating table. In an open letter on… Continue reading Glencore raises pressure on Teck Resources with promise of sweeter bid
As EV costs tumble in China, an export wave builds, article with gallery
SHANGHAI, April 19 (Reuters) – Elon Musk has said the only thing holding back electric vehicle (EV) sales is their price. Companies like BYD (002594.SZ) are solving that problem in China – and getting ready to solve it for the world. China’s largest EV maker unveiled this week the Seagull at the Shanghai auto show,… Continue reading As EV costs tumble in China, an export wave builds, article with gallery
Supreme Court won’t take on GM’s racketeering case against Stellantis
The U.S. Supreme Court will not take on a dismissed racketeering case General Motors brought against Fiat Chrysler Automobiles, now known as Stellantis. The denial was included in a daily order list from the court on Monday. The decision by the nation’s highest court would appear to signal the end for a federal lawsuit originally… Continue reading Supreme Court won’t take on GM’s racketeering case against Stellantis
U.S. Supreme Court won’t hear GM’s 2019 racketeering lawsuit against Fiat Chrysler
The U.S. Supreme Court has denied a request from General Motors Co. to hear its racketeering lawsuit against crosstown competitor Fiat Chrysler Automobiles, now known as Stellantis NV. GM in January asked the justices to review its claims against FCA after the U.S. 6th Circuit Court of Appeals in August affirmed a federal judge’s decision to toss… Continue reading U.S. Supreme Court won’t hear GM’s 2019 racketeering lawsuit against Fiat Chrysler
Warburg Pincus gets nod to buy 23% stake in China’s Zhong Ou
Warburg Pincus has received Chinese regulatory approval to buy a 23.3% stake in Zhong Ou Asset Management Co, as the U.S. private equity giant expands its foothold in China’s $3.8 trillion mutual fund market. Warburg Pincus said in a statement that once completed, the purchase will make it the biggest institutional shareholder in Zhong Ou. The firm is buying the stake from Italy’s Intesa Sanpaolo Bank. “Zhong Ou AMC has built up a strong business… Continue reading Warburg Pincus gets nod to buy 23% stake in China’s Zhong Ou
RBI’s plan to regulate penalties levied by banks will hurt their revenues: Morgan Stanley
The Reserve Bank of India‘s (RBI) proposal to discourage banks from capitalising on penal charges and additional interest loan defaults could potentially weigh on lenders’ revenues going forward, Morgan Stanley said. On Wednesday, the RBI issued a draft circular regarding charges related to loan accounts, aiming to promote transparency among regulated entities such as banks,… Continue reading RBI’s plan to regulate penalties levied by banks will hurt their revenues: Morgan Stanley