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...Bankers led an extended process to find a buyer for Allete, with some infrastructure groups deterred by uncertainty over the returns they could earn from a regulated utility, people familiar with the situation...
...The rhetoric is a lot more cautious.”...
...On Wednesday, Epic disclosed an email dated February 23 in which Apple executive Phil Schiller requested “written assurance” from Epic that it was “acting in good faith” with Apple, and confirmed the termination...
...And Peltz could also provide “assurance to other investors that the board is properly engaged this time around”....
...The losses are smaller than the start of 2023 when Big Tech groups including Meta, Amazon and Microsoft axed roles following an exuberant period of over-investment during the pandemic....
...According to data from S&P Global, technology groups dominate the list of the 50 companies with a market value of more than $10bn that made the biggest percentage gains in 2020....
...The latest move is by the International Auditing and Assurance Standards Board, which sets rules that are used as a template by scores of countries around the world....
...Wood’s stock languishes around 142p — a painful 41 per cent below the final takeover price offered by Apollo a year ago before the private equity group got cold feet....
...Today, BHE is the largest owner of wind generation among regulated utilities in the US, giving the group a significant renewable energy business....
...The division will bring together BT’s corporate strategy and development team and the group transformation and assurance team, according to the email. McKinsey declined to comment....
...Spirit, based in Wichita, Kansas, also confirmed the talks while cautioning that it could give no assurances that the two groups would reach an agreement, or on what terms....
...This investigation into environmental assurance work by KPMG highlights the risks of taking such audits at face value....
...The group estimated the rule would cost airlines $33bn over 10 years....
...Midway through May 2023, the group signed a $200mn four-year credit facility with a group of banks....
...They pointed out, approvingly, that the group managed to track the index while holding a large cash reserve. But holding cash for cash’s sake does not earn companies a gold star....
...Bunzl’s revenues, for example, have increased from £2.7bn to £11.8bn over the past 20 years. At quality assurance group Intertek, turnover has grown from £471mn to £3.3bn....
...Sony and private equity group Apollo have told Paramount Global they intend to make a $26bn cash offer for the entertainment company....
...The aerospace group said in a statement on Saturday that it supported the temporary grounding. “Safety is our top priority,” Boeing said....
...On Thursday, March 28, a group of powerful Delaware lawyers put in motion a plan to make a series of changes to the state’s eminent corporate code, known as the Delaware General Corporation Law....
...In the US, annual print volumes fell 3 per cent year on year in 2023 to 767mn, according to advisory group Circana....
...He made clear that his successor will have authority over not just takeovers, but also the group’s stock portfolio....
...After a spell at PwC, Abel was hired by one of the Big Four firm’s clients, CalEnergy, a small geothermal energy group....
...According to Apple, a number of government agencies in Europe, particularly those involved in defence and banking, have already asked for assurances that they will be able to prevent their workers from downloading...
...Universal Music Group has ended its months-long boycott of TikTok, returning music from some of the world’s top artists to the billion-plus users on the Chinese-owned social media platform....
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