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Chad Bray
Works at The New York Times
Attended University of South Carolina
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Kohlberg Kravis Roberts has agreed to pay €417M for stake in international renewable energy business of Acciona; will take one-third stake in Acciona Energía International unit
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British roadside assistance provider AA raised £1.39B, or about $2.36B, in its initial public offering in London; priced offering of 554 million shares at 250 pence a share giving it a market capitalization of £1.39B
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British hedge fund manager Man Group has agreed to acquire Numeric Holdings for up to $494M
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Nestlé has put its Jenny Craig brand on the block, seven years after spending $600 million to buy the firm, according to person familiar with matter. Move follows comments by Nestlé’s chief executive Paul Bulcke that the company planned to divest some of its under performing businesses.
The Swiss food giant is said to be looking to sell its Jenny Craig brand, just seven years after spending $600 million to buy the weight-loss company from two private-equity firms.
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The U.K. kicked off the second phase Tuesday of "Help to Buy," a program designed to spur home buying in Britain. Under program, British government will guarantee up to 15% of a loan for a home worth up to £600,000. The program is designed to ease down payment crunch.
Britain began the second phase of a new program on Tuesday that is aimed at igniting home buying, in part by guaranteeing up to 15 percent of a mortgage loan.
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U.K. regulator proposes stiff new rules for payday lenders, a industry that has grown to £2 billion since crisis. Financial Conduct Authority seeks to require lenders to examine ability to repay loans, provide debt advice before refinancing loans
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Shire made its case on Monday why it should remain independent amid a wave of mergers in the pharmaceutical industry; says, as an independent company, it can more than double its sales by 2020 to about $10B
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Spanish lender Banco Santander will pay about €700M for General Electric’s Scandinavian consumer finance business; deal is part of Santander’s growth plans in Sweden, Denmark and Norway
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Britain's Home Office says it is weighing whether to financially reward whistle-blower for white-collar crime tips. Home Office, other British agencies debating adoption of whistle-blower system similar to US to root out fraud, corruption and bribery
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Four men arrested in Britain last week are being investigated over ties to Silk Road, an allegedly illicit online marketplace. US authorities arrested Silk Road's founder, shuttered the website last week. Bitcoins were allegedly used for drug sales, other criminal acts.
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The U.K. government sought permission from the E.U. earlier this summer for a possible split of Royal Bank of Scotland. The U.K. is evaluating whether toxic assets that forced R.B.S. into a government bailout five years ago should be walled off into new entity
In a filing with the European Union, the British government sought permission to split the Royal Bank of Scotland into two entities, a move that would essentially wall off troubled assets that crippled the bank and led to a government bailout five years ago.
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Tesco agrees to fold unprofitable China business into joint venture with largest Chinese grocery store operator. Deal gives Tesco 20% stake in largest grocer, without further capital drain from unprofitable ops; China 'huge opportunity' - CFO McIlwee
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Have him in circles
38 people
Chris Grove's profile photo
Boushabi Ayoub's profile photo
Vanessa O'Connell's profile photo
Al Lewis's profile photo
Tony Ahn's profile photo
Liz Hester's profile photo
Sherif Hegazy's profile photo
Jackie Joy's profile photo
Riyadh Mohammed Al Hamdani's profile photo
Work
Occupation
Journalist
Employment
  • The New York Times
    Reporter, 2013 - present
  • The Wall Street Journal
    Reporter, 2010 - 2013
  • Dow Jones Newswires
    Reporter, 2000 - 2010
  • The Greenville News
    Reporter, 1997 - 2000
  • The Augusta Chronicle
    Reporter, 1994 - 2000
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Journalist with The New York Times covering banking, mergers and acquisitions, regulation and other topics for DealBook in London
Introduction
I'm a journalist with DealBook for The New York Times in London covering banking, mergers and acquisitions, regulation and other topics. I previously covered federal and state courts and enforcement agencies for The Wall Street Journal in New York for nearly a decade.

Education
  • University of South Carolina
    1994
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44 203 532 2337
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