PJT Partners to buy Dubai-based advisory firm deNovo

Reuters09-18 21:06

DUBAI, Sept 18 (Reuters) - PJT Partners , a boutique investment bank, has entered into an agreement to buy Dubai-based advisory firm deNovo Partners, which is led by ex-Morgan Stanley Banker May Nasrallah, deNovo said in a statement on Wednesday.

"This acquisition builds upon the highly successful strategic alliance PJT Partners and deNovo entered into in 2020," deNovo said without disclosing the value of the deal, which is expected to close next month.

Nasrallah will keep her existing leadership role in the Middle East and also become part of PJT's senior team.

Founded in 2010, deNovo has a team of over 20 professionals. Its clients include corporates, government-related entities, and investors.

(Reporting by Federico Maccioni, editing by Kirsten Donovan)

((Federico.maccioni@thomsonreuters.com; +971 527370852;))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2468589352?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-09-18 21:06","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2468589352","market":"us","top_or_hot":-1,"title":"PJT Partners to buy Dubai-based advisory firm deNovo","media":"Reuters","content":"<html><body><p>DUBAI, Sept 18 (Reuters) - PJT Partners   , a boutique investment bank, has entered into an agreement to buy Dubai-based advisory firm deNovo Partners, which is led by ex-<a href=\"https://laohu8.com/S/MSPQL\">Morgan Stanley</a> Banker May Nasrallah, deNovo said in a statement on Wednesday.</p><p>   \"This acquisition builds upon the highly successful strategic alliance PJT Partners and deNovo entered into in 2020,\" deNovo said without disclosing the value of the deal, which is expected to close next month.</p><p>   Nasrallah will keep her existing leadership role in the Middle East and also become part of PJT's senior team.</p><p>   Founded in 2010, deNovo has a team of over 20 professionals. Its clients include corporates, government-related entities, and investors. </p><p> (Reporting by Federico Maccioni, editing by Kirsten Donovan)</p><p>((Federico.maccioni@thomsonreuters.com; +971 527370852;))</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>PJT Partners to buy Dubai-based advisory firm deNovo</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPJT Partners to buy Dubai-based advisory firm deNovo\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-09-18 21:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>DUBAI, Sept 18 (Reuters) - PJT Partners   , a boutique investment bank, has entered into an agreement to buy Dubai-based advisory firm deNovo Partners, which is led by ex-Morgan Stanley Banker May ...</p>\n\n<a href=\"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0314104364.USD","symbol_name":"MANULIFE GF AMERICAN GROWTH \"AA\" (USD) INC","start_time":0,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","article_id":"2468589352","we_media_id":"1036604489","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2468589352","pubTimestamp":1726664819,"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"summary":"DUBAI, Sept 18  - PJT Partners   , a boutique investment bank, has entered into an agreement to buy Dubai-based advisory firm deNovo Partners, which is led by ex-Morgan Stanley Banker May Nasrallah, deNovo said in a statement on Wednesday.   \"This acquisition builds upon the highly successful strategic alliance PJT Partners and deNovo entered into in 2020,\" deNovo said without disclosing the value of the deal, which is expected to close next month.   Nasrallah will keep her existing leadership role in the Middle East and also become part of PJT's senior team.   Founded in 2010, deNovo has a team of over 20 professionals. Its clients include corporates, government-related entities, and investors.  ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU0314104364.USD":"MANULIFE GF AMERICAN GROWTH \"AA\" (USD) INC","BK4127":"投资银行业与经纪业","PJT":"Pjt Partners Inc","LU0225283273.USD":"SCHRODER ISF GLOBAL EQUITY ALPHA \"A\" (USD) ACC","LU1363072403.SGD":"Fidelity Global Financial Services A-ACC-SGD","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU0971096721.USD":"富达环球金融服务 A","LU1548497426.USD":"安联环球人工智能AT Acc","LU1074936037.SGD":"JPMorgan Funds - US Value A (acc) SGD","BK4585":"ETF&股票定投概念","BK4534":"瑞士信贷持仓","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","LU0106831901.USD":"贝莱德世界金融基金A2","LU1668664300.SGD":"Blackrock World Financials A2 SGD-H","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","BK4588":"碎股","LU0098860793.USD":"FRANKLIN INCOME \"A\" INC","LU1989772840.SGD":"CPR Invest - Climate Action A2 Acc SGD-H","LU1989772923.USD":"CPR Invest - Climate Action A2 Acc USD-H","LU1162221912.USD":"FRANKLIN INCOME \"A\" (USD) ACC","LU0267386448.USD":"FIDELITY FIRST ALL COUNTRY WORLD \"A\" (USD) INC","BK4581":"高盛持仓","BK4504":"桥水持仓","LU0320765646.SGD":"FTIF - Franklin Income A MDIS SGD-H1","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)"},"translate_title":"PJT Partners将收购迪拜咨询公司deNovo","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PJT":1},"content_text":"DUBAI, Sept 18 (Reuters) - PJT Partners   , a boutique investment bank, has entered into an agreement to buy Dubai-based advisory firm deNovo Partners, which is led by ex-Morgan Stanley Banker May Nasrallah, deNovo said in a statement on Wednesday.   \"This acquisition builds upon the highly successful strategic alliance PJT Partners and deNovo entered into in 2020,\" deNovo said without disclosing the value of the deal, which is expected to close next month.   Nasrallah will keep her existing leadership role in the Middle East and also become part of PJT's senior team.   Founded in 2010, deNovo has a team of over 20 professionals. Its clients include corporates, government-related entities, and investors.  (Reporting by Federico Maccioni, editing by Kirsten Donovan)((Federico.maccioni@thomsonreuters.com; +971 527370852;))","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.26.4","shortVersion":"4.26.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2468589352"}