Greenhill & Co.’s New York headquarters was the scene of an emotional staff meeting at which tears were shed over the sudden loss of two colleagues, Jeffrey F. Buckalew and Rakesh Chawla, days before the holiday break.
Greenhill & Co. , the financial advisory firm started by Robert F. Greenhill , has lost 40 percent of its stock value this year as rising compensation costs consume revenue, even amid a global rebound in takeovers.
Riverstone Holdings LLC, the private-equity firm that raised this year’s largest energy fund, plans to seek 1 billion pounds ($1.5 billion) for a listed vehicle that will provide permanent capital for deals, according to a person with knowledge of the matter.
Kinder Morgan Inc. is preparing to start talks on selling off parts of El Paso Corp.’s oil and gas exploration and production unit in case the pipeline operator can’t find a buyer for the whole division, said people with knowledge of the matter.
SBA Communications Corp. agreed to buy 3,252 towers from TowerCo for $1.45 billion, its second acquisition of wireless-network antennas this year as mobile device carriers try to woo subscribers with faster connections.