Lazard Completes Acquisition of Campbell Lutyens
Bitget2026/11/02 06:01Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Lazard completed its acquisition of Campbell Lutyens, first announced April 30, 2026, launching private capital advisory business Lazard CL.
- Upfront consideration was paid primarily in Lazard stock, with portions subject to lock-up arrangements of up to three years.
- Campbell Lutyens is performing ahead of the assumptions underpinning the acquisition.
- Lazard CL is expected to generate approximately $500 million combined revenue in 2027, with earnings accretion before revenue or expense synergies.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lazard Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202611020100PR_NEWS_USPR_____NY86345) on November 02, 2026, and is solely responsible for the information contained therein.
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