LVMH in Talks With Tif Tiffany

LVMH in Talks With Tiffany

The world's biggest luxury goods maker said it had held preliminary talks with Tiffany following reports of a $14.5 billion offer.

wework doors in meatpacking district in new york city

Neumann Exits WeWork C-Suite

As WeWork's IPO had been beset by questions about valuation and governance, the workplace rental company said Tuesday that co-founder Adam Neumann will step down as CEO but remain non-executive chairman.

empty board room with brown chairs means higher credit rankings

Gender Diversity May Correlate to Higher Credit Ratings

Gender diversity on corporate boards correlates with higher credit ratings, according to a recent study from Moody’s Investors Service Inc. The study, which looked at 1,109 publicly-traded companies in North America, found that “higher levels of gender diversity are associated with higher credit ratings,” per the report. Additionally, companies that exhibit both higher credit ratings and …

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philip morris juul burnout juul box with flavors

Altria, Philip Morris End Talks, Juul CEO Burns Out

Philip Morris International Inc. (PM) and Altria Group Inc.’s (MO) merger talks went up in smoke on Wednesday, Sept. 25, at the same time as Juul Lab Inc. CEO Kevin Burns stepped down. The talks fizzled because the two parties “could not reach agreement,” Altria CEO Howard Willard said in a statement. However, it’s almost …

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Shafee and co mint most PE executives

Investment Banks, Business Services Mint Most PE Execs

In this week’s edition of Executive Insider, we’re focusing on the company backgrounds of top private equity executives. Pulling data from BoardEx, we’ve looked at 24,000 executives at the top 1,000 PE firms and the companies they’ve worked for throughout their careers. The results illuminated a few key pieces of information. First, investment banking giants …

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