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DNB Carnegie appoints equity sales trader

The TRADE

The move will see London-based Hemmings bring extensive industry experience to his new role, spanning mutual funds, private equity, finance and investment strategies. He also leaves behind his previous position as sales trader at Carnegie Investment Bank covering pan-Nordic and European equities. Hemmings joined Carnegie Investment Bank in 2013, (..)

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People Moves Monday: Peel Hunt, Redburn Atlantic, RBC Capital Markets, Citi, and more…

The TRADE

The fourth hire is Stuart Marenghi, now director, hedge fund sales, also reporting to Johnson.

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People Moves Monday: RBC, Amundi, Siebert Williams Shank and more…

The TRADE

His most recent position at the firm was as managing director, leading the iShares EMEA equity product strategy team. Speaking about his new appointment, McLean said: “There is significant opportunity in both private capital markets and ECM across Australia and New Zealand and I look forward to growing the team and delivering for our clients.”

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What Wall Street analysts are saying about Berkshire's mixed earnings and rare Kraft Heinz write-down

CNBC: Investing

In 2013, Buffett teamed up with Brazilian private equity company 3G Capital to acquire Heinz. Skip Navigation Markets Pre-Markets U.S. In 2019, Buffett told CNBC his conglomerate paid too much for Kraft, noting he might have misjudged certain aspects of the company. "We overpaid for Kraft."

S&P
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Breakup rumors at Kraft Heinz prompt speculation Berkshire Hathaway may be selling its stake

CNBC: Investing

In 2013, Buffett teamed with Brazilian private equity company 3G Capital to acquire cash-flush, strong global brand Heinz. Skip Navigation Markets Pre-Markets U.S. The billionaire CEO later worked with 3G to help finance Heinz's $49 billion merger with Kraft Foods Group in 2015.

IT
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The Attorney-Client Privilege In M&A Transactions - A Decade Later

JD Supra: Mergers

In 2013, then Chancellor Leo Strine determined that under Section 259 of the Delaware General Corporation Law the attorney-client privilege held by the target company follows to the surviving company after a merger. SIG Growth Equity Fund I, LLLP, 80 A.3d Great Hill Equity Partners IV, LP v. 3d 155, 156-58 (Del. By: Allen Matkins

M&A
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Luxembourg upgrades its legislative toolbox for the fund industry

JD Supra: Mergers

This new law aims to further increase the competitiveness of the Luxembourg fund centre. The amendments affect the Law of 2010 on UCIs, the Law of 2007 on SIFs, the Law of 2004 on SICARs, the Law of 2013 on AIFMs and the Law of 2016 on RAIFs. By: Hogan Lovells