Three private equity firms are tripling the value of their investment in publisher Houghton Mifflin, which was acquired by Irish publisher Riverdeep in a $3.4bn (€2.6bn) deal.

The purchase price consists of $1.75bn in cash and $1.61bn in assumed debt.

Heidi Moore in New York

Blackstone Group

Citigroup

Goldman Sachs

Houghton Mifflin

Credit Suisse

BlackRock’s Larry Fink hails democracy for private assets. But what will it mean for fees?

If Nikhil Rathi wants to stay CEO, he needs to sort out the FCA’s ballooning headcount

Accounting firm spurns private equity as rare IPO tests UK market appetite

Nomura taps Hiraoka and Tyce to lead global rates trading

https://images.fnlondon.com/im-31814537?size=1.5

Japanese bank doubles up leadership of key markets division

Pimco Emea boss Craig Dawson returns to California for new role

https://images.fnlondon.com/im-22233932?size=1.5

Christian Stracke, global head of credit research, will run Emea from bond giant’s London office

BNP Paribas flies in Lynagh from New York to head UK global banking

https://images.fnlondon.com/im-10531328?size=1.5

Mark Lynagh is succeeding Matthew Ponsonby who has resigned from the bank

Guardian Life will seed new initiatives and receive warrants to buy Janus stock.

Janus Henderson Strikes Deal to Manage $45 Billion of Insurer’s Assets

Cryptocurrency firm Ripple said it will acquire credit network Hidden Road for $1.25 billion.

Ripple to Acquire Credit Network Hidden Road

Ripple to Acquire Credit Network Hidden Road for $1.25 Billion

Judges have largely declined government requests to impose bonds on plaintiffs seeking to pause President Trump’s policies.

Planning to Sue Trump Administration? White House Wants You to Pay

Planning to Sue Trump Administration? The White House Wants You to Pay

Once an heir apparent for Larry Fink, Wiedman now tops the list of potential successors to PNC chief Bill Demchak.

PNC Names Former BlackRock Star Mark Wiedman as President

Stan Druckenmiller, Bill Ackman and Jamie Dimon are among those raising concerns about the president’s steep, across-the-globe levies.

By Gregory Zuckerman, AnnaMaria Andriotis and Gina Heeb

Wall Street Starts to Speak Out Against Trump’s Tariffs

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

https://www.wsj.com/?type=allesseh_content_full_list

https://www.fnlondon.com/client

MY ACCOUNT

ABOUT

SECTIONS

unbolded

Three reap rewards on publisher sale

Financial News