The CVC consortium has agreed to purchase UK investment firm Hargreaves Lansdown for $6.9 billion. This acquisition marks a significant move in the financial industry, with CVC aiming to expand its presence and influence in the market. The deal is expected to bring about strategic synergies and growth opportunities for both parties involved.
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Benjamin Black Weighs Shift in U.S.A.I.D. Funding
Benjamin Black, son of private equity billionaire Leon Black, has been nominated by President Trump to lead the U.S. International Development Finance Corporation, aiming to shift towards a more "pro-market" approach in allocating U.S.A.I.D.'s budget of $40 billion. Black advocates for investments that benefit American interests, criticizing U.S.A.I.D.'s past focus on humanitarian concerns. His background in finance and connections to Wall Street could help attract private equity firms and international investors to participate in the...
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