IPEM Cannes 2024 – The Daily Spin – January, 25th
The shifting role of LPs was the overarching theme for the morning session of Day 2, at the 10th edition of IPEM in Cannes. After a full day of yoga,…
It’s early days but if Morgan Stanley and JP Morgan have gone out to market to whip up potential interest for the business division that includes Ben & Jerry’s, Wall’s and Magnum. The decision for the spin-off is part of the consumer goods empire’s turnaround plans, and would lead to 7,500 job cuts. Time will tell if the conglomerate decides to pull the lever.
For now, it is an opportunity for PE firms to start investigating the merits of such an acquisition and embrace their inner ‘Magnum P.I.”.
The shifting role of LPs was the overarching theme for the morning session of Day 2, at the 10th edition of IPEM in Cannes. After a full day of yoga,…
Cambridge-based Darktrace, a leading cybersecurity and AI company, has agreed a $5.3 billion sale to Thoma Bravo. The company’s decision to leave the FTSE250 and go private is a blow…
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