Lazard (LAZ) news

Braskem Idesa takes action through consensual restructuring

Mexican petrochemical company Braskem Idesa has been exploring a consensual restructuring to address its liquidity challenges and defaulted bond payments. The company, which is 75% owned by Brazil’s Braskem and 25% by Mexico’s Idesa, has retained financial and legal advisors, including Lazard,…

JSE: LHC - LHC07 - Acquisition of securities by clients of Lazard Asset Management LLC ("Lazard")

Lazard Asset Management LLC ("Lazard") has been involved in the acquisition of securities on behalf of its clients, as reported by the Life Healthcare Group on the Johannesburg Stock Exchange (JSE) under the ticker LHC . While specific details of the transactions have not been disclosed, the…

Lazard AUM $286.9B

Lazard, Inc. (NYSE: LAZ) reported that its assets under management (AUM) reached approximately $286.9 billion as of February 28, 2026, reflecting a significant increase from the previous quarter. This growth was driven by market appreciation of $8.9 billion and net inflows of $4.2 billion,…

IMI PLC - If TruFlo Marine disposal completion takes place as assumed in Q3, reported EPS profile in current year likely to be more H1-weighted

IMI PLC has announced the disposal of its Truflo Marine business to Fairbanks Morse Defense for £225 million, a transaction expected to complete in mid-2026, pending regulatory and other approvals . The sale is part of IMI’s strategic focus on aligning its portfolio with growth areas such as…

Lazard Asset Management appoints two senior leaders to advance strategic growth and platform innovation