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Food & Beverage
CVC accused of ignoring Kenyan co-operatives in tea estates sale
...Browns and Finlays agreed to offer 15 per cent of shares for public sale in the company through a local co-operative....
April 3, 2024
EG Group
EG Group in talks to sell some UK assets to co-founder Zuber Issa
...In October, EG completed the sale of the majority of its UK and Ireland business to Asda for £2bn in a leveraged buyout....
March 6, 2024
FT Live
Due Diligence Live
Where leaders in investment and finance meet
Tuesday, 8 OctoberLondon, UK
Mondelez International Inc
EU set to fine Oreo maker Mondelez for blocking cross-border sales
...Mondelez said: “We are co-operating with the investigation and engaging with the European Commission in an effort to reach a proportionate resolution to this matter....
April 16, 2024
Signa Holding
Signa creditors push to oust management over property fire sale fears
...“This fire sale can easily destroy hundreds of millions of euros in value,” a person familiar with the concerns warned....
February 28, 2024
Paramount Global
Paramount expected to fire CEO Bob Bakish after clash with Shari Redstone
...Bakish had been “uncooperative” during the sales process, said one person familiar with the matter. Bakish’s future at the company was set to be determined at a board meeting on Sunday....
April 28, 2024
FT Globetrotter
How the Cosmopolitan is reconquering New York
...Co-owned by the former editor of Vanity Fair magazine and longtime New York tastemaker Graydon Carter, The Waverly Inn is one of those NYC places that feels as if it shouldn’t still exist, as if the city...
December 20, 2023
FT Live
Future of the Car
The technology and new business models shaping the next decade in automotive
Tuesday, 7 MaySancroft, Paternoster Square, London EC4M 7DQ, UK
Electric vehicles
IEA bullish on electric vehicle sales in 2024
...Sales of battery electric and plug-in hybrid cars could rise more than 20 per cent to reach 17mn this year, up from just under 14mn in 2023, and grow to account for as much as two-thirds of global sales...
April 23, 2024
FirstFT
FirstFT: US and China to co-operate on AI safety
...The comments indicate a rare moment of co-operation at a time of trade tensions between the two powers. Read the full interview....
January 25, 2024
CVC Capital Partners Ltd
CVC co-founder Donald Mackenzie set to net up to €150mn in IPO
...After the expected share sale, Van Rappard will overtake Mackenzie as the largest shareholder among the group’s co-founders, the filing document shows. Koltes currently holds 4.4 per cent of the firm....
April 22, 2024
KKR & Co LP
KKR co-CEOs predict revival in global IPO and takeover activity
...KKR was also holding talks with large corporations and other private equity buyers about potential asset sales, they said....
April 12, 2024
Financial services
How’s the PE Winter looking?
...Last year, 80 per cent of exits were sales to corporate buyers ($271bn). The next most popular exit was sales to other PE firms ($62bn)....
April 25, 2024
LexNissan Motor Co Ltd
This Nissan-Honda team will struggle to match EV rivals Premium content
...An unexpected resurgence in global hybrid cars is pushing sales to record highs. That gives it more resources to catch up on electric offerings, with strong hybrid sales bridging the transition....
March 18, 2024
US-China relations
Xi tells Blinken US should avoid ‘vicious competition’ with China
...Co-operation between the superpowers has advanced in some areas, notably on curbs on the sale of fentanyl precursors by Chinese companies, since a rapprochement in November, when US President Joe Biden met...
April 26, 2024
Inside BusinessDavid Keohane
Why Nissan needs more than a gamble on solid-state batteries
...Just last week, on the heels of its solid-state factory tour, Nissan cut its full-year sales and operating profit forecasts, knocking its shares....
April 24, 2024
Ocado Group PLC
Ocado shareholders revolt over CEO’s bonus share award of £14.8mn
...The group reported an annual pre-tax loss of £394mn on sales of £2.7bn last year....
April 29, 2024
FT Live
Financial Adviser Service Awards 2024
Who gives you 5 star service?
Thursday, 21 NovemberNatural History Museum, Cromwell Road, London, UK
Coca-Cola Co
Coca-Cola sales rise despite surging prices
...proxy measure for sales volumes....
February 13, 2024
LexElectric vehicles
Slumping EV sales should not ring alarm bells in Europe — yet Premium content
...From 2025, European carmakers must comply with new standards for average fleet CO₂ emissions. Some are offering discounts on BEVs to avoid fines next year....
April 23, 2024
BYD Co Ltd
BYD loses EV throne to Tesla as sales slip
...“It actually slowed down sales when that happened.”...
April 2, 2024
InterviewBristol-Myers Squibb Co
Bristol Myers Squibb drafts contingency plans for US restrictions on Chinese pharma
...Sales at BMS in the three months to the end of March stood at $11.9bn, up 5 per cent from the same period last year....
April 25, 2024
International Paper Co
International Paper agrees to buy rival DS Smith in £7.8bn deal
...strengthening our global packaging business,” said Mark Sutton, chair and chief executive officer of International Paper.International Paper has about 39,000 employees and generated about $18.9bn in net sales...
April 16, 2024
LexNintendo Co Ltd
Super Mario shows that Nintendo needs to move faster Premium content
...Film-related revenue helped nearly double Nintendo’s sales from mobile and IP-related business in the nine months to December. Game sales also rose following the movie’s success....
March 15, 2024
The Art Market
Sotheby’s set to make record for Surrealist Leonora Carrington
...Poly’s main sale of Modern and contemporary art was within estimate at HK$68mn (including fees) on April 7, though its equivalent sale last year made HK$148mn....
April 18, 2024
LexTelecom Italia SpA
Wrecking Telecom Italia’s landline deal would widen shareholder losses Premium content
...The fate of the heavily indebted former state monopoly rests on the sale of its landline network to private equity group KKR for up to €22bn....
April 11, 2024
The FT ViewThe editorial board
The electric vehicle revolution is running out of steam
...Luca de Meo, Renault’s chief executive, has called for the EU to adopt an Airbus-like approach to EV production, with more industrial co-operation and public investment....
April 10, 2024
LexElectric vehicles
Automakers beware: BYD can still afford to cut prices Premium content
...Previous price cuts prompted a fresh surge of new sales. New-energy vehicles, which include pure battery EVs and plug-in hybrids, accounted for more than a third of all new car sales in February....
March 26, 2024

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