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SEC weighs broader retail access to private markets

TOP STORY: The US Securities and Exchange Commission is preparing a proposal that could significantly widen retail investors’ access to private markets while allowing investment advisers to charge…

  • SEC to propose broader retail access to private markets
  • Proposal revises provisions of Investment Advisers and Investment Company Acts
  • Chairman Paul Atkins advocates for freedom and fairness in investing

Veritas Capital outbids CVC in £1.65bn Bodycote deal

US private equity firm Veritas Capital has agreed to acquire UK-listed engineering specialist Bodycote for approximately £1.65bn, after increasing its offer to move ahead of rival bidder CVC Advisers…

  • Veritas Capital acquires Bodycote for £1.65bn, beating CVC's offer
  • Veritas pays £940 per share plus debt, valuing deal at £1.85bn
  • Bodycote's stock rises 4.4% post-announcement, anticipating further bids

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