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| TJ White |
Teneo has recruited TJ White, who led Sloane & Co.’s special situations practice, as senior managing director in its US strategy & communications unit.
He will be part of Teneo’s transactions and strategic situations group. He will handle M&As, shareholder activism defense, executive leadership transitions, litigation and crises.
White has advised on more than $500B in M&A transactions by aggregate equity value and has helped clients navigate high-profile activist defense situations from small- to mega-cap.
Prior to Sloane & Co. White worked at Sard Verbinnen, which is now FGS Global.
White adds depth to Teneo’s TSSG at a time when the deal environment is becoming increasingly dynamic and complex, said Stephen Cohen and Colleen Hsia, who co-head the unit.
Interpublic posted a 5.1 percent drop in Q3 net revenues to $2.5B as CEO Philippe Krakowsky reports the final financial results of the publicly traded company.
Joele Frank handles Pine Gate Renewables as the Asheville, NC-based solar power development company declares Chapter 11 in the aftermath of Donald Trump’s cuts to wind & solar tax credits.
Stagwell CEO Mark Penn reports Q3 net revenues jumped 6 percent to $614.5M, a record performance for a non-political period. Operating income soared 45.7 percent to $60.9M.
Joele Frank works for Klöckner Pentaplast as the German maker of plastic films declares Chapter 11. A successful reorganization would slash its its corporate debt by $1.5B.
Teneo represents Metsera, the New York City biotech focused on weight-control products, which is subject to a bidding war between heavyweights Novo Nordisk and Pfizer.
