article thumbnail

Common Adjustments to EBITDA with examples

Wizenius

BP: In 2010, BP had to pay $20 billion for the 2010 Deepwater Horizon oil spill. If the company is not an FX boutique or exchange, FX gains and losses typically are not part of the company's EBITDA. Tesla added back this one-time expense to its EBITDA calculation, resulting in an adjusted EBITDA of $4.2

article thumbnail

UK growth business events and exhibitions calendar

Growth Business

Event: The Welsh Business Show Date: October 8 2024 Location: Liberty Stadium, Swansea, Wales Website: www.twbs.wales Brief: Established since 2010, the show is a platform for businesses of all sizes to showcase their products and services. It will features over 350 hotel-focused exhibitors, suppliers, designers and industry experts.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Distressed Debt Hedge Funds: How to Become a Vulture Capitalist

Mergers and Inquisitions

Two relevant internships in 1L and 2L, such as at a restructuring boutique bank and a PE or credit-related one. Outside of events like the oil crash and COVID, there weren’t that many true distressed opportunities because virtually any company could get funding.

Debt 103
article thumbnail

Drinks With The Deal: Fried Frank’s Epstein on Lessons Learned From Early Banking Stint

The Deal

As a junior banker, Epstein “learned about the importance of marketing,” he said, a skill that’s become essential in large law firms and one that Epstein uses as a partner and the co-head of M&A and private equity at Fried, Frank, Harris, Shriver & Jacobson LLP, which he joined in 2010.

Banking 69