NFL star Tom Brady takes stake in Birmingham City football club
Investment comes weeks after US hedge fund took control of the Championship club
Travel & leisure industry
Gautam Adani’s Ambuja Cements buys Sanghi Industries for $600mn
Acquisition is Indian tycoon’s first since criticisms in short seller Hindenburg’s January report hit group’s stock market value
Mergers & Acquisitions
British viewers shun broadcast TV for digital services, Ofcom finds
Media regulator’s research shows big fall in weekly audiences of traditional ‘linear’ programming
Digital Media
A hard landing for Europe?
Luxury sector slows after strong post-pandemic spending spree
Luxury goods
TCW agrees deal to buy Engine No. 1’s ETF business
Acquisition of activist manager’s ETFs is expected to complete in third quarter pending shareholder approval
Mergers & Acquisitions
Van Cleef goes on the Grand Tour
Why the jeweller embarked on an epic European trip
Luxury goods
US seeks to set aside convictions in KPMG audit scandal
Prosecutors concede wire fraud charge cannot stand against former managing partner and PCAOB employee
Financial & markets regulation
UK and EU divide opens up on dealmaking regulation
Executives now have to pay much more attention to British watchdog on M&A
Mergers & Acquisitions, Financial & markets regulation
Advertising has reached a new low in the age of podcasts
The line between genuine content and commercial propaganda is being fatally blurred
Social Media
Inside EY’s brewing succession battle
Plus, Harvey Schwartz confronts a big challenge at Carlyle
Mergers & Acquisitions