Hints and tips:
Related Special Reports
...Allete is planning to invest $4.3bn in coming years to build additional renewable power sources and meet state goals for carbon-free power generation....
...Given that Unilever’s default plan to spin off the business would typically be tax free, any bids to acquire it would likely need to offer a substantial premium to the unit’s value in a standalone listing...
...One of Silicon Valley’s most prominent venture capital firms, Lightspeed Venture Partners, is seeking to use a private equity-style structure to sell $1bn worth of start-up stakes and free up cash to return...
...This article picked by a teacher with suggested questions is part of the Financial Times free schools access programme. Details/registration here. Read our full range of economics picks here....
...To the degree that private credit did this over a given period, it would have discovered a permanent inefficiency, a free lunch....
...For a free 30-day trial to the Unhedged newsletter go to: https://www.ft.com/unhedgedoffer Follow Ethan Wu (@ethanywu) and Katie Martin (@katie_martin_fx) on X....
...[MUSIC PLAYING] Marc Filippino You can read more on all of these stories at FT.com for free when you click the links in our show notes. This has been your daily FT News Briefing....
...It’s a free lunch, and in a functional market, either the lunch stops being free, or it all gets eaten....
...NFL prepares to give private equity green light to invest People familiar with the matter told Scoreboard that owners are contemplating introducing a rule requiring any private equity investment to come...
...A federal judge has dealt a blow to Walt Disney by dismissing the company’s claims that Ron DeSantis, Florida’s Republican governor, had violated its free speech rights by “retaliating” for its stance on...
...That may be a feature of scale: roughly a third of global investable wealth — defined as cash, listed company holdings and debt-free property — resides in the US....
...As a child, Lindsay Anderson pinned a note to the wall of his private school. It consisted of just two words: “I rebel.”...
...FT premium subscribers can get the Unhedged newsletter for free. A 30-day free trial is available to everyone else. Just go to ft.com/unhedgedoffer. I’m Ethan Wu. Thanks for listening. [MUSIC PLAYING]...
...This would be a so-called “debt-free, cash-free” acquisition....
...You know, debt is kind of the fuel that kept the private equity engine going. And that fuel essentially became free in 2020-21. Now it’s more expensive....
...She advises armchair stock pickers running the rule over UK companies to pay particular attention to three things, starting with levels of free cash flow....
...“Now that borrowing from the bank isn’t ‘free’ and isn’t easy [to secure], real estate does not have the shine it had before,” explains Rob Fleischman, a technology entrepreneur and investor, who is chair...
...They’re trying to free up capital now, to be able to be ready to make some acquisitions of the banks that need help,” he said....
...Disney is the state’s largest private employer....
...Indeed, they were viewed as the key pillar of the free-market, profit-seeking forces championed by the 18th-century economist Adam Smith....
...That would be a profound dysfunction of private markets and something that policy thinkers, including at the IMF, should clearly take on and think about how to fix — rather than just telling governments...
...The €1.25bn that it is planning to raise — with €250mn from newly issued stock and €1bn sold by outside investors including Singapore’s GIC and Kuwait’s Investment Authority — implies a skimpy free float...
...For starters, prices differ greatly between private and public colleges....
International Edition