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...As such the buyout does not look too shabby at 20 times this year’s operating profit on S&P Capital IQ estimates. But with more effort management might be able to double these earnings....
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...The investor group also includes private credit groups Ares Management and HPS, and L Catterton, a private equity group that invested in Equinox in 2017....
...Friends of the Earth, an environmental group, said that while it supported the new royalty rate rise as a way to “curb financial giveaways to Big Oil”, the rule failed “to confront the massive tide of climate...
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...But Steve Fothergill, director of the Industrial Communities Alliance, a group of councils in post-industrial areas in the north and midlands, says centralised funding pots do have a place....
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