Principal content
Blackstone in advanced IPO talks
Blackstone Group is closing in on an initial public offering that would enable the US private equity group to raise billions of dollars and thrust the booming buy-out industry further into the public spotlight.
Altadis rejects buy approach from Imperial
Tobacco group calls offer ‘too low’
Unions set to counter buy-outs ‘cancer’
Promise to up fight against the financial groups
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Investment banks’ vulnerability
Interesting timing. Ken Moelis, who helped UBS reach the top tier on Wall Street, may leave the Swiss bank after griping about its stance on leveraged loans.