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citi's top dealmaker departs amid management changes and market volatility

Citi's global asset managers team head, Anthony Diamandakis, has left the bank amid management changes and the arrival of co-head Ashu Khullar. Meanwhile, Citadel Securities is expanding its senior rates sales team by hiring managing directors from Goldman Sachs and JPMorgan as market volatility increases. Other banks, including UBS and Barclays, are also making strategic moves, with UBS threatening to relocate its headquarters over capital requirements.

EU approves Goldman Sachs and Ontario Teachers acquisition of OMH HealthEdge

The European Commission has approved the acquisition of joint control of OMH HealthEdge Holdings by Goldman Sachs Group and the Ontario Teachers' Pension Plan Board. This transaction, which focuses on revenue cycle management services for U.S. healthcare organizations, was deemed not to raise competition concerns due to its limited impact on the European Economic Area.

prosus invests 80 million in indian supply chain financing startup mintifi

Prosus has invested $80 million in Mintifi, acquiring a 10.65% stake in the Indian supply-chain financing startup, which allows distributors to procure inventory and pay later. This investment will be recorded as an equity-accounted associate due to Prosus's significant influence on Mintifi's board. The ongoing funding round has attracted interest from major investors, including Ontario Teachers' Pension Plan and private equity firms like Bain Capital and Advent International.
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