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Move by Lloyds to put debt-laden media group into receivership ends two decades of family’s ownership
Canadian investment group plans to combine Network International with former First Abu Dhabi Bank unit Magnati
Also in today’s newsletter, 13 women accuse Crispin Odey of harassment, abuse and fostering a toxic workplace
Former Glencore executive looks to expand sporting interests with Tour de France-winning group
Trio including Xavier Niel prepare new rescue plan to compete with Czech billionaire Daniel Křetínský
Austrian furniture chain’s announcement causes uproar in home state and throws focus on Signa Group
The Telegraph is not some wannabe new media business
Shantanu Narayen says blocking deals such as its proposed Figma takeover will lead to less investment in start-ups
Plus, Wall Street swings a golf world peace treaty and money managers make Nvidia their AI champion
New Brunswick company controls country’s largest petroleum refinery and other fuel assets
UK bank to seek sale of media group over almost £1bn in debts owed by Barclay family
Sheikh Jassim bin Hamad al-Thani threatens to walk away from process by end of the week
Plus, Sequoia splits up with China and a cross-border takeover saga tests relations between Rome and Beijing
Veteran dealmaker had advised on major deals during his 17-year tenure at Wall Street investment bank
Issue stems from longstanding debt owed to bank by newspaper group’s parent company
Former GVC chief joins vehicle buying stake in UK gambling group it sees as undervalued
Deal resolves bitter dispute between established series and breakaway league that has divided men’s game
Stéphane Courbit and TowerBrook lead investment round as sector continues to boom
Plus, DD breaks down the spate of dealmaking in the boutique advisory space and uncovers another financial twist in the Asda/EG Group saga
Bankers expect more consolidation if slump in mergers and acquisitions persists
Discussions between French and US aerospace and defence groups come as sector grapples with supply chain issues
Real estate arm aims to capitalise on high demand for motion picture and TV production space
Promised £450mn of extra equity comes from a warehouse sale and leaseback that was part of the original buyout
Billionaire seeks enough B shares to take control in a years-long phased takeover of club
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