Coty says buying 51% of Kylie Cosmetics for $600m will be “accretive to the net revenue growth” of its core fragrance, cosmetics and skincare biz.
Antoine Gara
31.8K posts
Antoine Gara
@AntoineGara
US private equity and deals editor at the Financial Times.
Previously covered all things finance for @Forbes
- A BIG scoop: @brookeamasters & me. Silicon Valley Bank hired BlackRock to study its risk controls and securities portfolio in the years leading up to its demise. After receiving a “gentleman’s C” on risk, it abandoned the review before making fixes. ft.com/content/fbd9e3…
- My new feature and the culmination of months of research: How Trader Jeff Yass Parlayed Poker And Horse Racing Bets Into A $12 Billion Fortune forbes.com/sites/antoineg…
- Our account of the moments that led to the swift demise of Silicon Valley Bank. A key new detail: SVB dramatically shifted strategy in 2018, investing deposits into long duration bonds instead of those maturing within a year, locking in rate risk. ft.com/content/b556ba…
- Meet the banker to fintechs. We took a look at the numbers.
- NEW: Elon Musk has allowed his margin loan to expire. His equity commitment is now $33.5bn
- New in financial engineering: Private equity firms are cross collateralizing their portfolios to unearth cash to delever and refinance troubled companies punished by rate increases and facing big debt maturities @EricGPlatt & me. on.ft.com/3PBTboi
- After his CNBC interview, Forbes has learned Ackman called Blackstone to apologize and said he's buying the firm's stock. Our story is updated to reflect that:
- Here’s my newest feature: Cathie Wood’s journey from $0 to $29 billion in assets in six years.
- Scoop: SBF had been using Signal to try to negotiate selling a near half billion dollar stake in Robinhood. The entity that controls the shares is controlled by SBF and not among the 130+ noted in FTX’s bankruptcy filing. ft.com/content/f05fe9… @kadhim
- Here’s the feature I’ve been crowing about from @MadelinePBerg Meet the billionaire to copy in your 401k. He’s a Florida-based optometrist who made the three comma club buying and simply holding Heico, Apple, Microsoft for decades forbes.com/sites/maddiebe…
- New Feature: Our inside look at billionaire Michael Dell's deal of the century. There were plenty of doubters when Dell took his PC empire private. It has turned into the most lucrative LBO ever with gains well north of $40 billlion. forbes.com/sites/antoineg…
- Elon Musk's 10-Ton Challenge: Turning Tesla Into A Semi Truck Powerhouse via @Forbes forbes.com/sites/alanohns…
