Bankers insist that buyouts, takeovers and mergers are like snowflakes—each deal is unique, supported by its own delicate structure.
And that’s true, especially if it’s your job to bring together boards of directors with deep-pocketed investors. Close in on a deal, it’s all about alchemy—a mesh of debt-raising prowess, a finely tuned pitch on how one plus one equals three, the fine art of getting one side to give up their jobs for the greater shareholder good, while convincing the other side to write a check with as many as 10 zeros.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)