Interpublic Boosts Balance Sheet as Antidote to COVID-19
Mon, Mar. 30, 2020
By Kevin McCauley
Interpublic today announced that it raised $640M via the sale of senior notes due 2030 to retire all or a portion of $500M in debt due this year and next.
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Interpublic today announced that it raised $640M via the sale of senior notes due 2030 to retire all or a portion of $500M in debt due this year and next.
WPP's Hering Schuppener is handling the $19B deal to acquire Thyssenkrupp AG's lucrative elevator unit by global buyout firms Advent International and Cinven.
Terry Calvani, a former FTC commissioner, has joined Brunswick Group in Washington as a senior advisor.
Joele Frank is working media for Mallinckrodt PLC's deal to pay $1.6B over eight years to settle its share of the thousands of lawsuits filed against opioid makers and distributors.
Gregory FCA, a top financial PR firm, has acquired KM Digital Relations, a digital and social marketing agency based in Fort Washington, Pa.
SKDKnickerbocker has acquired Sloane & Co. from MDC Partners in a deal that adds financial capability to its public affairs orientation. Both shops are affiliated with Mark Penn's Stagwell Group.
Gladstone Place Partners represents Reverence Capital Partners as its Advisor Group investment completes the acquisition of Ladenburg Thalmann Financial Services of Miami.
Finsbury is handling Advent International's $1.9B deal to acquire Forescout, cybersecurity firm founded in Israel and based in San Jose.
Germany's Volkswagen is offering $2.9B to acquire Navistar, maker of the International brand of commercial trucks and buses, based in Lisle, IL.
Brunswick Group has hired Charlie Koons as a partner focused on mergers & acquisitions, investor engagement, shareholder activism and corporate governance.
Why venture capital firms should create more content as a means of attracting better deal flow.
Kerri Mattox, who was global lead for integrated corporate communications at W2O Group, has joined Zimmer Biomet as senior VP/IR & chief communications officer, a new post.
Sard Verbinnen & Co. is handling the $3B merger of Xperi, audio, technology products company, with TiVo, video entertainment outfit.
London’s Instinctif Partners is handling Froneri’s $4B acquisition of Nestle USA’s ice cream business (Häagen-Dazs, Dreyer's, Edy's, Skinny Cow) to power its foray into the $10B American market.
Profile Advisors represents Ortelius Advisors, which has filed a lawsuit to block the takeover of Hudson’s Bay Co., owner of Saks Fifth Ave, by a group led by its executive chairman Richard Baker.
Brunswick Group has added Tim Daubenspeck, a veteran of Wall Street with 20 years of buy and sell side equity experience.
Sard Verbinnen & Co. represents managment group that is fending off an unsolicited bid for Hudson's Bay Co., parent company of Saks Fifth Ave.
Edelman is handling both ends of Silver Lake's $500M outlay for a 10 percent stake in City Football Group, parent of Britain's premium league champion Manchester City soccer club, an investment that gives CFG the world's richest valuation in sports.
Brunswick Group handles LVMH Moet Hennessy Louis Vuitton’s $16.2B takeover of Tiffany & Co., which relies on Sard Verbinnen & Co.
Sloane & Co. is handling eBay’s $4B deal to sell StubHub to viagogo, the Geneva-based global online ticket platform for sports and entertainment events.
Edelman is handling New Belgium Brewing’s acquisition by Japan’s Kirin Holding Co. Ltd. The nation's No. 4 craft beer company has breweries in Fort Collins (CO) and Ashville (NC).
Joele Frank, Wilkinson Brimmer Katcher is handling Dallas-based Dean Foods as the nation's largest milk processor declares Chapter 11 and negotiates a sale of its assets to the Dairy Farmers of America cooperative.
Sard Verbinnen is handling David’s Bridal Inc. as it irons out a recapitalization plan to avoid another round of bankruptcy.
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