Latest news with #financialadvisory
Yahoo
a day ago
- Business
- Yahoo
J.P. Morgan, Houlihan Lokey lead consumer sector financial adviser M&A rankings in H1
J.P. Morgan and Houlihan Lokey led the mergers and acquisitions (M&A) financial advisory rankings in the consumer sector for the first half (H1) of 2025, in terms of value and volume, respectively, according to the latest financial advisers league table by leading data and analytics company GlobalData. J.P. Morgan topped by deal value, with $7.2bn in advised deals. In the value-based rankings, Citi secured the second place with $4.5bn in advised deals. It was followed by Centerview Partners at $2.7bn, Goldman Sachs at $2.5bn, and Barclays at $2.3bn. Meanwhile, Houlihan Lokey led by deal volume with advisory on ten transactions. Rothschild & Co, PwC, and Spayne Lindsay & Co. each advised on nine deals. Deloitte and KPMG tied for fifth, each handling eight deals. GlobalData lead analyst Aurojyoti Bose said: 'Both J.P. Morgan and Houlihan Lokey were the top advisers by value and volume, respectively, in H1 2024, and managed to retain their respective leadership positions by these metrics in H1 2025 as well. 'Despite registering a year-on-year decline in the total number of deals advised by it, Houlihan Lokey was the only adviser to hit double-digit deal volume during H1 2025. 'Meanwhile, J.P. Morgan experienced around 10% growth in the total value of deals advised by it during H1 2025 compared to H1 2024. Apart from leading by value, JP Morgan also held the seventh position by volume during H1 2025.' GlobalData's league tables are based on the real-time tracking of thousands of company websites, advisory business websites and other reliable sources available on the secondary domain. A dedicated team of analysts monitors all these sources to gather in-depth details for each deal, including adviser names. To ensure further robustness of the data, the company also seeks submissions of deals from leading advisers. "J.P. Morgan, Houlihan Lokey lead consumer sector financial adviser M&A rankings in H1" was originally created and published by Packaging Gateway, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
Yahoo
6 days ago
- Business
- Yahoo
Teneo acquires PwC's Australia restructuring unit to expand financial advisory presence
(Reuters) -Teneo said on Thursday it has acquired the Australia business restructuring services unit of auditing firm PwC, as the management consultancy seeks to expand its financial advisory presence in the region. Under the deal, about 80 members of PwC's Australia business restructuring services team will join Teneo and will provide wide range of financial services in the country, including expertise in local and international restructuring and insolvency situations. Stephen Longley, who has led PwC's Australia business restructuring services team for the last four years, will become head of financial advisory Australia at Teneo, according to a company statement. "We see significant opportunity both in the Australian market and the wider Asia-Pacific region for a critical events advisor of scale, and this acquisition gives us an outstanding platform for growth," said Daniel Butters, CEO of Teneo's financial advisory business. Teneo's financial advisory division currently employs nearly 600 people globally, providing services including business restructuring, corporate insolvency, and bankruptcy, among others. Teneo plans to open its first Australian office in Brisbane in the coming weeks. The company did not disclose the deal's value. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Reuters
6 days ago
- Business
- Reuters
Teneo acquires PwC's Australia restructuring unit to expand financial advisory presence
July 17 (Reuters) - Teneo said on Thursday it has acquired the Australia business restructuring services unit of auditing firm PwC, as the management consultancy seeks to expand its financial advisory presence in the region. Under the deal, about 80 members of PwC's Australia business restructuring services team will join Teneo and will provide wide range of financial services in the country, including expertise in local and international restructuring and insolvency situations. Stephen Longley, who has led PwC's Australia business restructuring services team for the last four years, will become head of financial advisory Australia at Teneo, according to a company statement. "We see significant opportunity both in the Australian market and the wider Asia-Pacific region for a critical events advisor of scale, and this acquisition gives us an outstanding platform for growth," said Daniel Butters, CEO of Teneo's financial advisory business. Teneo's financial advisory division currently employs nearly 600 people globally, providing services including business restructuring, corporate insolvency, and bankruptcy, among others. Teneo plans to open its first Australian office in Brisbane in the coming weeks. The company did not disclose the deal's value.
Bloomberg
7 days ago
- Business
- Bloomberg
Teneo Buys PwC Australia Restructuring Unit, Explores Stake Sale
Communications and consulting firm Teneo has agreed to buy PricewaterhouseCoopers ' business restructuring services unit in Australia. The deal adds about 80 people to Teneo and will bolster its financial advisory operations, according to a statement. Terms of the deal weren't disclosed.
Zawya
16-07-2025
- Business
- Zawya
Fed on hold – but rate cuts are coming sooner, says expert
The Federal Reserve will hold interest rates steady this month, but fresh inflation data has increased pressure for a cut sooner than previously expected, says Nigel Green, the CEO of one of the world's largest independent financial advisory organizations, deVere Group. "This CPI report gives the Fed exactly what it's been looking for: clear evidence that inflation is cooling in line with its target," he stated. "They'll stay on hold for now, but they won't be able to justify it for much longer. A cut this year is now not just likely, it's looking increasingly necessary," noted Green. The May Consumer Price Index showed that core inflation rose by 0.2% month-on-month, with the year-on-year rate edging up slightly to 2.9% from 2.8%. While not a dramatic drop, the consistency of the 0.2% monthly figure is what carries weight with policymakers. "This is the second time in three months that we've seen the core CPI line up with what the Fed considers acceptable monthly progress," explained Green. "Markets and the central bank are focused on that monthly trend — and this one points clearly in the right direction," he noted. Despite the modest rise in the annualized figure, economists and investors alike are honing in on the monthly pace, which is generally viewed as a more accurate gauge of underlying inflation momentum. "The year-on-year rate can move for all sorts of reasons," noted Green. "What the Fed really wants is reassurance that prices are no longer accelerating dramatically, and this report offers that," he added. As a result, rate expectations have shifted sharply. "Markets are now pricing in a much higher probability of a rate cut in September. That's a clear change from just a few weeks ago, when some still feared no cut at all this year," noted Green. The Fed, he stated, was stuck in a difficult position. "It doesn't want to move too early — but if it waits too long, it risks doing unnecessary damage to the economy," he added. The combination of restrictive interest rates, slowing inflation, and increasing political pressure makes for a volatile mix heading into the second half of the year. The deVere CEO also notes that other central banks are already moving. "The European Central Bank has already cut. Others are expected to follow. If the Fed falls too far behind, that will have major implications for the dollar, capital flows, and investor confidence," he explained. For investors, he warned that the pace and timing of the Fed's actions could significantly impact asset allocation strategies over the next six months. "If the Fed cuts too late, risk assets will struggle. If it signals a move too early, inflation expectations could reignite. The balancing act is extremely fine; but today's data gives the Fed a reason to begin preparing the market for action," said the financial expert. "This is the moment investors could look back on as the shift point. The Fed's next move won't come today, but the countdown has begun. Cuts are coming and the timing may surprise some," he added. -TradeArabia News Service Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
