JP Morgan has helped Erste Bank, the Austrian financial services group, cut the price it paid for a Croatian bank by 7%.

Erste Bank had originally bid €55m ($54m) for 85% of Rijecka banka, but slashed its offer to just over €51m after doing its due diligence.

Erste Bank cuts price for Croatian target

Michael Hoare

JP Morgan

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Proskauer Rose hires Hogan Lovells private equity partner in London

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The hedge-fund founder is asking triple what he paid for the Bali-inspired Manalapan estate in 2017.

British Billionaire Chris Rokos Wants $150 Million for His Florida Mansion

The announcement comes as USS Investment Management said it won’t bid for the property firm.

KKR Floats $1.97 Billion Non-Binding Offer for London-Listed Assura

KKR Floats $1.97 Billion Non-Binding Offer for London-Listed Property Firm Assura

The U.S. private-equity firm said t decided not to begin a tender offer for the Japanese software company after consulting with Fuji Soft founder Hiroshi Nozawa.

Successful firms are increasingly split between behemoths with several business lines and those focusing on their roots of buying companies.

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The Chinese technology giant has begun tests to integrate homegrown startup DeepSeek’s AI model into its Weixin messaging app.

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Financial News

British Billionaire Chris Rokos Wants $150 Million for His Florida Mansion

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