Corp finance+deals editor @FinancialTimes
Co-creator+editor of Due Diligence https://t.co/jNwdJDDDb6
Co-chair #FTFootball + launched https://t.co/RhnhgLNyhC
Oct 18, 2022 • 5 tweets • 2 min read
What’s amazing about Wirecard, Greensill and THG is that SoftBank pressed ahead with investment, even as others had already raised serious concerns about the respective businesses.
on.ft.com/3T8DAfp
“His stint at SBIA is arguably best known for a 2019 bet on Wirecard, a trade that helped shore up confidence in the payments group before it collapsed last summer in one of Germany’s largest corporate frauds.“
FT SCOOP: Saudi Arabia’s sovereign wealth fund has quietly built a multi-billion dollar stake in @Tesla. Full details on the way it down for the PIF, crown prince Mohammed bin Salman and @elonmusk ... ft.com/content/73b700…
Things really escalated there...
Germany’s Bayer set to complete the biggest gamble in its long corporate history buying Monsanto after spending $63bn+ and 2 years of attention to complete the deal. Monsanto name will be retired.
One of the biggest winners from the deal though is @morganstanley which is banking $120m for its advisory work on the deal with Monsanto. Last we checked $72m of that was contingent on deal closing ft.com/content/fec4e7…
