Everstone Plans to Raise $1 Billion for Its Largest Asia PE Fund
Everstone Capital Asia Pte is seeking $1 billion for its latest private equity fund for India and Southeast
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Ed Woodward accepts first job since Man Utd departure
Former Manchester United executive vice-chair Ed Woodward has accepted a first job since departing Old Trafford last year. Woodward has joined the board of educational esports company EStars as a non-executive director. EStars is “at the heart of the fastest-growing sport in the world”, using esports to bring classmates together, both during and after school hours, to foster great academic goals, inclusion, diversity and positive outcomes. Ex-Newcastle, Netherlands and current Norwich goalkeeper Tim Krul has been a shareholder in the company since its inception in 2017 and Woodward explained his decision to accept the new role. He said: “When you put together esports, education and a dynamic region such as the Middle East, where curriculum decisions can be made faster than Europe, it is a recipe for success. “Joining the team is an easy decision when you add the exceptional leadership and entrepreneurial energy of Mags [founder Mags Byrne]. I’m excited about EStars delivering a path of learning for the next generation in the (relatively) new industry of esports.” Having qualified as a chartered accountant and then worked at JPMorgan as an investment banker, Woodward joined Man United in 2005 to oversee their commercial operations, having advised the Glazer family on their purchase of the club. He was appointed to the board of directors in 2008 and became executive vice-chair in 2013 when David Gill retired. He became an incredibly unpopular figure at Old Trafford due to his association with a Glazer regime that fans turned against and despite the £1bn he sanctioned in transfer fees, his tenure is regarded as a failure, with the club struggling on the pitch – in relative terms at least – in the post-Sir Alex Ferguson era. It has been mooted that he could help the Glazer family negotiate any potential sale of Manchester United as the takeover saga drags on. Read More What would a Sir Jim Ratcliffe takeover mean for Manchester United Erik ten Hag unsure what funds will be available to strengthen Man Utd’s squad Louis Van Gaal suggests Ed Woodward’s departure from Man Utd could spell success
2023-05-16 23:59
MaxLinear Launches Family of Half-Duplex RS-485 Transceivers Designed for Peak Performance in Demanding Industrial Environments
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2023-06-07 20:48
Britain’s Post-Brexit Policy Drift Alarms World’s Executives
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Shares in one of London's biggest IPOs this year have crashed 82%
Three months ago, CAB Payments stumbled when it went public on the London Stock Exchange, its shares falling nearly 10% on their first day of trading on a market that has been starved recently of new listings.
2023-10-24 21:48
Judge declines to block Microsoft's record $69 billion deal to buy Activision Blizzard
A federal judge has handed Microsoft a major victory by declining to block its looming $69 billion takeover of video game company Activision Blizzard
2023-07-11 23:26
Mercedes is bringing ChatGPT into its cars
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Tesla to recall 159 Model S, X vehicles - NHTSA
Tesla will recall 159 Model S and Model X cars due to the possibility of the driver air
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Italy’s Economy Unexpectedly Shrinks as Domestic Demand Weakens
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Evie, the first medical-grade health tracker for women, will launch this fall
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2023-05-31 16:48
Conscious™ Foods, a Pairwise brand, Partners with Food Broker RSquared Fresh Solutions in Retail Channel
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Argentina Investors Cheer Milei Victory, Brace for Peso Selloff
Argentina investors cheered libertarian economist Javier Milei’s bigger-than-expected win in Sunday’s presidential vote and his pledges to usher
2023-11-20 10:56
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