Monday, December 9

Tag: wsjfinance-ws

‘This Can’t Go On for Much Longer.’ Private Equity’s Deal Lament
31Dec By adminNo Comments
Money

‘This Can’t Go On for Much Longer.’ Private Equity’s Deal Lament

Private-equity firms usually drive dealmaking on Wall Street. In 2023, they sat it out.High interest rates put many new deals out of reach. Shaky market conditions made it hard for firms to cash out of current investments. And some of their investors have been pulling back. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Greg Abel Is the Next Big Name at Berkshire Hathaway
23Dec By adminNo Comments
Money

Greg Abel Is the Next Big Name at Berkshire Hathaway

Listen to article(1 minute)Berkshire Hathaway’s future chief executive officer is no Warren Buffett. Fortunately for Greg Abel, he doesn’t have to be. Buffett, the 93-year-old chairman and CEO, unwrapped one of corporate America’s longest-running mysteries in 2021 when he confirmed that Abel was his pick to succeed him in the role as CEO.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Big Design-Software Companies in Talks to Merge
23Dec By adminNo Comments
Money

Big Design-Software Companies in Talks to Merge

Synopsys is in talks to acquire Ansys in a move that would create a new design-software giant and mark one of the first big merger deals of the new year. An acquisition of Ansys, which has a market value of nearly $30 billion, could be struck early in 2024, according to people familiar with the matter. The talks could still fall apart, and another suitor could emerge. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Buy Now, Pay Later Keeps People Spending—Without Credit Agencies Knowing 
17Dec By adminNo Comments
Money

Buy Now, Pay Later Keeps People Spending—Without Credit Agencies Knowing 

Priscilla Rodriguez, an overnight stocker at a Walmart, has a strategy to protect her credit score as she and her husband look to buy a house.The Sunland Park, N.M., resident uses installment loans from Afterpay to buy groceries, her pricey skin-care products and art supplies for her 10-year-old son, which keeps the balance on her two credit cards low—and the credit agencies in the dark. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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E-Signature Company DocuSign Explores a Deal
16Dec By adminNo Comments
Money

E-Signature Company DocuSign Explores a Deal

E-signature company DocuSign is working with advisers to explore a sale, in what could be one of the largest leveraged buyouts in recent memory.Conversations are in the early stages, people familiar with the situation said, and there are no guarantees a deal will be reached. DocuSign could attract interest from private-equity firms and technology companies.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Sale of Silicon Valley Bank’s Old Venture Capital Arm Hits a Snag
15Dec By adminNo Comments
Money

Sale of Silicon Valley Bank’s Old Venture Capital Arm Hits a Snag

A process to sell the venture-capital arm of bankrupt SVB Financial, the former parent of Silicon Valley Bank, has fallen flat and creditors are now gearing up for a potential takeover of the business. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Citadel Is Handing Back About $7 Billion in Profits to Clients
13Dec By adminNo Comments
Money

Citadel Is Handing Back About $7 Billion in Profits to Clients

Citadel is planning to give its investors about $7 billion in profits it earned in a year when choppy stock markets and interest rates challenged most hedge-fund managers, people familiar with the firm said.The flagship multistrategy fund at Ken Griffin’s Miami-based firm returned nearly 15% in the first 11 months of 2023, the people said. The fund, Wellington, gives investors exposure to stocks, bonds, commodities and other asset classes and returned 38% in 2022. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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