Hints and tips:
Related Special Reports
...Vandevelde, 73, is presently a director at the company and will replace chief executive Fabien Simon at the start of April on an interim basis and lead a search for a new CEO....
...Ian Lance, a fund manager at M&S shareholder Temple Bar Investment Trust, said the latest results “demonstrate that the strategy to reshape M&S is starting to deliver”....
...M&S’s contract with HSBC, which owns M&S Bank, is up for renewal. M&S is likely to push for more control and a bigger cut of the spoils....
...I’m really proud of it. But now I’m done with that. I want to sell it and I’m looking for a buyer. So how does this process work with a typical M&A deal? Sujeet Indap Sure....
...A lot of the time, entrapped people are shocked to hear that they’re not speaking to someone in the same building as them. “I’m on Floor 27!” people shout, or “I’m in the lift at the back!” Kat said....
...Bickerstaffe joined M&S as a non-executive director in 2018 and moved into an executive role in 2020 before becoming co-chief operating officer in 2021. She is the first female boss in M&S’s history....
...MainFT, last night: The Federal Trade Commission has sued to block US luxury goods group Tapestry’s $8.5bn acquisition of Capri Holdings, a move that threatens a bid to create a US rival to European giants...
...M&S and John Lewis, they will have to run faster.” M&S cannot afford distractions....
...M&S struck a deal to buy half of Ocado Retail, the online supermarket, in 2019 as it sought to sell more food online....
...Investment manager M&G has reported a 28 per cent rise in profits for 2023, in the first annual results for chief executive Andrea Rossi, who has pledged to transform the company....
...The announcement comes after more than 9,200 M&S employees were told last month they were set to receive bumper share payouts, thanks to a share save scheme, as the retailer’s turnaround continued....
...Partly because it’s been subject to some MainFT scrutiny as a potential M&A candidate recently....
...the capital’s premier shopping district,” M&S said in a statement....
...I recently enjoyed staying at a Premier Inn Hub at Tower Hill, London, a converted office block where my father worked for many years....
...Here’s more on the regions driving a nascent recovery in the M&A market....
...An adaptation of The Expatriates, a 2016 novel by Janice YK Lee, Expats focuses on a trio of women grappling with privilege and personal tragedy in Hong Kong, all set against the backdrop of 2014’s Umbrella...
...The group is split into an active asset management arm, a life insurance and pensions business and a financial advice business. M&G’s share price rose by about 2 per cent in morning trading....
...In the final quarter of 2023 there were an estimated 142 completed inward M&A transactions involving a change in majority share ownership....
...“I’m really very grateful,” says Casimir....
...“M&S has a history of overpromising and underdelivering.” The strong performance from Tesco and M&S comes a day after rival J Sainsbury disappointed investors with weak general merchandise sales....
...Their low key M&A strategy also helps. Acquisitions, if they happen at all, are of the small, bolt-on variety....
...Funds that track US indices will have a much higher exposure to the Mag 7 (currently about 30 per cent for the S&P 500 or as much as 40 per cent for the Nasdaq)....
...the FRC.The disclosure of accounting errors forced M&C Saatchi to adjust its headline profits before tax by £14mn and its statutory pre-tax profits by a total of £28.1mn for 2018 and previous years....
International Edition