Mukesh Ambani, chairman of India’s Reliance Industries Ltd., is in talks to buy New York-based talent agency IMG Worldwide Inc., the Indian Express newspaper reported today, citing an unidentified Reliance official.
Forstmann Little & Co. is working with Morgan Stanley and Evercore Partners Inc. to find a buyer for IMG Worldwide Inc., the talent agency that represents sports stars such as Peyton and Eli Manning, said people with knowledge of the matter.
Guggenheim Partners LLC’s Alan Schwartz, executive chairman of the $180 billion asset manager whose executives own a stake in the Los Angeles Dodgers, said the firm sees opportunities in building infrastructure through partnerships between the private and public sectors.
The New York Yankees became the fifth team in Major League Baseball history to beat both reigning Cy Young Award winners in the same month, defeating R.A. Dickey in yesterday’s 3-2 win over the Toronto Blue Jays to complete a four-game series sweep.
Guggenheim Partners LLC, the $180 billion asset-management firm whose executives own a stake in the Los Angeles Dodgers, hired Glenn H. Schiffman, the former head of Asia-Pacific investment banking at Lehman Brothers Holdings Inc., to expand its investment banking unit.
Until April 2011, Patrick “Pete” Dodd, a former money manager at Liberty Life Insurance Co. in Greenville, South Carolina, invested customer premiums in what he calls a “squeaky clean” portfolio: bonds backed by state governments and blue chip corporations.