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Citi spinoff mints $4.4 billion fortune for Europe buyout barons

CVC Capital Partners founders Mackenzie, Koltes, van Rappard are top beneficiaries of the recent IPO, valuing the firm at $4.4 billion. Van Rappard continues as chairman, while CEO Lucas and managing partner de Jaime Guijarro hold significant stakes. Beyond allowing the founding partners to cash out part of their wealth in the closely held business, CVC's listing is also fueling hopes of a rebound in Europe's IPO market, even though a full-blown recovery in listings isn't fully expected until next year.

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Turning a vault into a bomb shelter: how Citigroup has kept its bank running inside Ukraine

Two years into the war, Citigroup is the only U.S. bank around, navigating a sometimes treacherous landscape.

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TOKYO -- The mergers and acquisitions market in Asia will grow in 2024, said Jan Metzger, the head of Citigroup's investment banking division in Asia

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TOKYO -- The mergers and acquisitions market in Asia will grow in 2024, said Jan Metzger, the head of Citigroup's investment banking division in Asia

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The world isn't as messed up as you might think [Video]

Americans are in a gloomy mood, but new research points out that a lot of imortant things are going right.

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Ola Cabs IPO coming soon! Bhavish Aggarwal's company in talks with banks for initial public offering advisors: Report

Ola Cabs plans IPO submission to SEBI in next 3 months, Reuters reported

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Goldman Sachs, Commerzbank hike Brent crude forecasts

Goldman Sachs is projecting $86 a barrel for the second half of 2024, while Commerzbank is expecting a $90-95 price level

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Ola Cabs plans $500 million IPO, to appoint banks soon: Report

SoftBank-backed Ola is India's answer to Uber and plans to file papers for approval with the country's market regulator within three months, said the sources, who declined to be named as the matter is confidential.

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Citigroup's profit drops as costs rise for employee severance, deposit insurance

Net income fell to $3.4-billion, or $1.58 per share, in the three months ended March 31, the bank said on Friday

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Canadian mining stocks feature in Wall Street's new love for copper

Daily roundup of research and analysis from The Globe and Mail’s market strategist Scott Barlow

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