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London-based buyout firm CVC Capital Partners has acquired a 40% stake in motorway services company Moto – its second deal from its longer life fund in just a few days.

CVC has bought the stake from UK investor Universities Superannuation Scheme in a deal that valued Moto at more than £1 billion, according to a person familiar with the matter.

CVC inks second deal from longer life fund

The strategic opportunities fund will hold companies for longer and target lower returns than a traditional private equity fund

Jennifer Bollen

Carlyle Group

City firms’ diversity drives fall victim to cost cutting, survey finds

Natixis IM enters talks with Generali over asset management tie-up

Allspring looks to bolster international operation through M&A 

Proskauer Rose hires John Goldfinch after A&O Shearman drink-driving exit

https://images.fnlondon.com/im-50640110?size=1.5

US law firm adds finance partner after A&O Shearman departure

Trading Places: Goldman’s ECM shake-up, Latham’s latest raid

https://images.fnlondon.com/im-329118?size=1.5

Find out who is on the move in the City and beyond this week

Sidley Austin raids Latham & Watkins for 10-lawyer team in London

https://images.fnlondon.com/im-38645354?size=1.5

Internal company documents describe the bank’s weak anti-money-laundering controls and failure to complete due-diligence reviews as staff expressed alarm: “We need to kill this.”

How Morgan Stanley Courted Dodgy Customers to Build a Wealth-Management Empire

Brokerages seeking to meet the growing global appetite for U.S. stocks are extending their timetables.

Welcome to the World of 24-Hour Stock Trading

Donald Trump’s pick for Treasury secretary has been a fierce defender of his activist approach to trade.

Scott Bessent Sees a Coming ‘Global Economic Reordering.’ He Wants to Be Part of It.

Green industrial policy is failing in Europe, a warning to the next Trump Administration.

Northvolt’s Bankruptcy and the EV Crash

Atos has received a non-binding offer from the French government to acquire its advanced computing activities for an enterprise value of around $521 million.

Atos Jumps on French State Bid for Advanced Computing Business

Atos Shares Jump on French State Bid for Advanced Computing Business

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