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Exclusive-Blackstone, CD&R explore bids for Ben & Jerry's owner Magnum, sources say

Exclusive-Blackstone, CD&R explore bids for Ben & Jerry's owner Magnum, sources say

By Amy-Jo Crowley and Richa Naidu LONDON, May 15 (Reuters) - Blackstone and CD&R are among private equity firms in the early stages of exploring bids for Magnum Ice Cream Company, two sources familiar with the matter told Reuters, less than six months after the owner of Cornetto and Ben & Jerry's
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Intertek Considers EQT's £9.4bn Acquisition Proposal Amid Shareholder Pressure

Intertek Considers EQT's £9.4bn Acquisition Proposal Amid Shareholder Pressure

Intertek Considers EQT's £9.4bn Acquisition Proposal Amid Shareholder Pressure
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Intertek Board Considers EQT's £9.4bn Acquisition Proposal Amid Shareholder Pressure

Intertek Board Considers EQT's £9.4bn Acquisition Proposal Amid Shareholder Pressure

Intertek Board Considers EQT's £9.4bn Acquisition Proposal Amid Shareholder Pressure
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Intertek Supports EQT's £9.4 Billion Acquisition Proposal Amid Strategic Review

Intertek Supports EQT's £9.4 Billion Acquisition Proposal Amid Strategic Review

Intertek Supports EQT's £9.4 Billion Acquisition Proposal Amid Strategic Review
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Private credit roundup: Downtime and depreciation

Private credit roundup: Downtime and depreciation

LONDON, May 15 (Reuters) - Private credit funds have begun marking down their loan books in a recognition of investor concerns over credit quality and broader market sentiment around artificial intelligence disruptions.
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Exclusive-Largest Papa John's franchisee joins Irth in buyout bid for pizza chain, sources say

Exclusive-Largest Papa John's franchisee joins Irth in buyout bid for pizza chain, sources say

By Svea Herbst-Bayliss NEW YORK, May 14 (Reuters) - Investment firm Irth Capital is working with Papa John's International's largest U.S. franchisee, who controls around 10% of the pizza chain's domestic restaurants, to take the company private, three sources told Reuters.
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JPMorgan's bet on early-stage companies pays off in leading global tech investment banking

JPMorgan's bet on early-stage companies pays off in leading global tech investment banking

By Milana Vinn NEW YORK, May 14 (Reuters) - When Pattern Group co-founders David Wright and Melanie Alder needed $10 million for their startup in 2017, it was barely a rounding error for a bank like JPMorgan, which held $2.5 trillion in assets at the time.
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Intertek to Recommend EQT's $12.7 Billion Final Bid Amid Shareholder Pressure

Intertek to Recommend EQT's $12.7 Billion Final Bid Amid Shareholder Pressure

Intertek to Recommend EQT's $12.7 Billion Final Bid Amid Shareholder Pressure
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Citrin Cooperman Expands in Florida with Acquisition of Miami Firm

Citrin Cooperman Expands in Florida with Acquisition of Miami Firm

Citrin Cooperman Expands in Florida with Acquisition of Miami Firm
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Private credit funds slash loan values as borrower stress rises

Private credit funds slash loan values as borrower stress rises

(Refiles to fix formatting issues, no changes to text) By Naomi Rovnick LONDON, May 12 (Reuters) - Private credit funds have marked down more than a tenth of their loans by at least 50%, new data from MSCI showed, as corporate borrowers in this $3.5 trillion market struggle with growing debt burdens
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EQT Increases Bid for Intertek to $12.8 Billion in Final Takeover Attempt

EQT Increases Bid for Intertek to $12.8 Billion in Final Takeover Attempt

EQT Increases Bid for Intertek to $12.8 Billion in Final Takeover Attempt
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On This Day: Vaseline was patented in 1872

On This Day: Vaseline was patented in 1872

Vaseline, a household name in skincare, has a fascinating history that dates back to the 19th century. Invented by Robert Chesebrough in 1872, Vase...