PE HUB First Read

First Read starts off your week with news that Dialog Semiconductor is planning on buying Atmel for $4.6 billion, Apple’s iOS App Store suffers first major malware attack and the HBO hit show “Game of Thrones” sets an Emmy record with 12 wins.


PE HUB First Read

First Read kicks off your morning with news that Saudi Arabia will be investing $10 billion in Russia, Uber seeks police protection in Johannesburg and Bill Cosby admitted in a 2005 deposition that he got drugs to use on women he wanted to have sex with.


Advent, Bain and Clessidra to buy ICBPI

A consortium comprised of Advent International, Bain Capital and Clessidra have agreed to acquire Istituto Centrale delle Banche Popolari Italiane S.p.A. for a consideration of 2.15 billion euros. Rothschild, HSBC and Vitale & Associati served as financial advisors to consortium. Based in Milan, ICBPI is a banking services provider.


PE HUB First Read

First Read kicks off your morning with news that HSBC will be shedding about 50,000 jobs in a major overhaul, U.S. tech industry urges President Obama to not impose measures that could undermine encryption and Vincent Bugliosi, who prosecuted Charles Manson and wrote “Helter Skelter” about the case, dies at 80.


PE HUB First Read

First Read begins your morning with news that Dish Network is in merger talks with T-Mobile US, former workers sue CVS over racial profiling and a Twitter investor says Google should buy Twitter.


Kyriba scores $21 mln Series C

Kyriba has closed $21 million in Series C funding. The investors were HSBC, BRED Banque Populaire, Daher Capital, Iris Capital and Upfront Ventures. Headquartered in San Diego, Kyriba is a provider of cloud-based treasury management solutions.


peHUB First Read

First Read ushers in your morning with news of Samsung losing its grip on India’s shrinking tablet market, J.P. Morgan will start charging its big clients on some deposits and Alaska becomes the third state to legalize recreational marijuana.

Nicolas Giacobone, Alejandro G. Inarritu, Alexander Dinelaris, Jr.and Armando Bo pose with the Oscars for best original screenplay for "Birdman"

peHUB First Read

First Read kicks off the week with news of Valeant Pharmaceuticals to acquire Salix for about $10 billion, Apple plans on investing $2 billion in building green data centers in Ireland and Denmark and “Birdman” wins big at the Oscars while “Boyhood” is mostly snubbed.

Sam Smith poses with his awards during the 57th annual Grammy Awards in Los Angeles

peHUB First Read

First Read groggily wakes you up with news Alibaba is investing $590 mln in smartphone maker Meizu, HSBC is said to have helped conceal $100 bln in Swiss accounts and Sam Smith triumphs at the Grammys, winning four top awards.


Ardian and Crédit Agricole Assurances invest in F2i Aeroporti

Ardian and Crédit Agricole Assurances will acquire a 49 percent stake in F2i Aeroporti S.p.A., a holding company that owns stakes in various airports in Italy. No financial terms were disclosed for the transaction that is expected to close in the next two to three months. HSBC and Unicredit provided financial advice to F2i on the deal.


Video advertising platform Teads reels in $30 mln

Global video advertising platform Teads has raised $30 million in funding, half of which is in equity and the other half in debt. The investors in the equity portion of the round were previous backers Gimv, Partech, Elaia and BPI while the latter, Bank of China, HSBC and BNPP provided the debt.


Riverside acquires Drex-Chem Malaysia

Riverside has bought Drex-Chem Malaysia, a specialty chemical distributor based near Kuala Lumpur. No financial terms were disclosed. HSBC provided financing for the transaction while Jones Day, Ernst & Young and DistriConsult served as advisors to Riverside.


peHUB First Read

First Read eases you into the Thanksgiving dinner conversation with news Netflix is suing a former exec for allegedly collecting kickbacks, Uber’s next funding round could give it a $40 bln valuation and yes, Bitcoin Black Friday is a real thing.


peHUB First Read

This morning’s First Read has Tim Geithner’s defense of AIG bailout, GAP CEO steps down after lackluster sales, the World Bank head blasts global response to Ebola crisis and the richest man in the world likes the three day work week.

Cantor Fitzgerald Europe names consumer and retail director

Global financial services firm Cantor Fitzgerald Europe has hired Eric Bourguignon as director of consumer and retail in the firm’s corporate finance team. Previously, Bourguignon worked at HSBC Investment Bank where he served as senior vice president on the retail coverage team.


CVC buys majority stake in The Executive Centre

CVC Capital Partners has agreed to buy a majority stake in The Executive Centre from Headland, which will retain a minority ownership in the firm. No financial terms were disclosed for the transaction that is expected to close at the end of May. PwC, Bain & Co., Freshfields Bruckhaus Deringer and Clifford Chance advised CVC while Allen & Gledhill advised Headland. HSBC and Babson Capital are providing the debt financing for the deal. The Executive Centre is an Asia-based serviced office provider.

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