Robert Dafforn News Today

Mediobanca’s Cairn Capital to Buy Bybrook Capital Posted on 02/02/2021 Mediobanca’s Cairn Capital Limited grew its wealth management division with the acquisition of London-based distressed credit specialist Bybrook Capital. Cairn Capital will takeover and merge with Bybrook to create a diversified alternative credit manager with around US$ 8 billion in assets under management. Mediobanca will retain a stake of around 64% in the new group, while the remaining 36% will be held by former Bybr...

Opening Bell: 2.2.21 Author: Fedor Leukhin, CC BY-SA 2.0 , via Wikimedia Commons Here’s hoping this SPAC doesn’t crash; Ackman down; Robbins up; rotten Apple; and more! New Vista Acquisition Corp will list its units on the Nasdaq under the symbol “NVSAU”. Citigroup and Jefferies are the underwriters for the offering. Boeing fired Muilenburg at the end of 2019 after repeatedly failing to contain the fallout from a pair of fatal crashes that halted output of its best-selling jetline...