 |
FTI Consulting represents Telegraph Media Group and The Spectator as the British publications were put on the auction block after the owning Barclay family defaulted on a loan.
The sale process is currently on hold pending a Dec. 4 court date.
Jeff Zucker, former NBCUniversal CEO and CNN president, is among bidders for the conservative Daily Telegraph newspaper and Spectator magazine.
His Redbird private equity firm and an Abu Dhabi investment fund are offering $1.4B for the media outlets.
British politicos, though, have raised concerns over RedBird’s bid due to concerns about foreign ownership of the UK press. RedBird said it is committed to maintaining the independence of the Telegraph and Spectator.
FTI Consulting has John Waples, Rob Mindell, Mitch Barltrop and Tom Hufton working the deal.
Caterpillar’s Rob Rengel will join ATI Inc. on June 22 as VP-investor relations, succeeding the retiring David Weston.
Hut 8, energy infrastructure platform, has named NextEra Energy's Mark Eidelman head of IR and SVP of strategic finance.
Teneo handles easyJet as Minneapolis investment firm Castlelake mulls a possible takeover of the British budget airline.
Brunswick Group represents Universal Music Group as it rejects the unsolicited $65B takeover offer by billionaire Ed Ackman's Pershing Square Capital Management because it “fundamentally and materially undervalues” the world’s largest music company.
Prosek Partners brings on Danielle O’Brien as a managing director in its investor relations practice, based in the firm’s New York office.
