Hints and tips:
Related Special Reports
...European coffee group JDE Peet’s is replacing its two top executives as controlling shareholder JAB Holding seeks to shake-up the owner of L’Or, Kenco and Douwe Egberts following a long period of underperformance...
...This is an audio transcript of the Life and Art from FT Weekend podcast episode: ‘L&A — What young wine drinkers want’ Lilah Raptopoulos This is Life and Art from FT Weekend. I’m Lilah Raptopoulos....
...But then a happy, appreciated team — and the staff, many of whom have worked here for decades, are great — is what makes a wonderful hotel, and De L’Europe is one I’m always delighted to stay at....
...Paul L Colby Alexandria, VA, US...
...The chief executive of L’Oréal, the world’s biggest beauty company, has predicted that price increases will slow this year after they helped to propel growth in the global beauty market for the past three...
...JPMorgan’s vice-chair of investment banking Andy Lipsky and co-head of strategic investor group M&A Haidee Lee are leaving the bank, according to a person familiar with the matter....
...More to the point, it carries a 40 per cent premium to the fast expanding luxury juggernaut LVMH. That sort of gap is only justified if L’Oréal is a significantly safer bet....
...Rapid growth in emerging markets including India, Brazil and Mexico provided a boost, accounting for 15 per cent of L’Oréal’s annual sales, but 30 per cent of its growth....
...“The need to execute on cross-border M&A is here. It’s for many companies an existential reality. Their supply chains have been disrupted by two major global conflicts,” Pick said....
...“I’m interested in small phenomena and how to harness those things to have, on a more macro level, an effect.”...
...Evercore was initially set up like Blackstone, to advise on M&A and execute private equity buyouts. The LBO investing business was an expensive bust. But the M&A group proved more promising....
...L Catterton said in a statement that the “delisting is a precondition to ensure the pursuit of the [Tod’s] future growth programs [sic] and consolidation . . ....
...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....
...The overall value of global M&A climbed 30 per cent to $690bn, the data showed, even as the total number of deals announced fell 31 per cent.The rebound in dealmaking comes after M&A activity plunged to...
...Alongside her career as an artist, Derhy, 38, is also the founder of Le Cercle de L’Art, an all-female collective that is rethinking the way artists navigate their careers....
...The annual boondoggle in the Crescent City is the perennial opportunity to take the pulse of M&A activity....
...Beginning with early-’90s performances in punk clubs, the show spans three decades of short films and installations, including F.A.M.I.L.Y, a year-long Instagram collaboration with seven other performers...
...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....
...That’s been the rule of M&A since forever, though in the past couple of years the trend has broken down a bit. Chart from Barclays: Why? Debt....
...Partly because it’s been subject to some MainFT scrutiny as a potential M&A candidate recently....
...US megadeals are slowly bringing M&A action back If a UK paper and packaging company is at the centre of a bidding war, then M&A must be back....
...This is in order to concentrate on larger, sector-focused M&A activity. As a consequence, we are proposing to close some parts of that business.”...
...Blackstone’s distributable earnings — a metric considered a proxy for cash flows — rose 1 per cent in the first quarter to $1.3bn, slightly beating analyst estimates....
...That partner has now arrived in the form of LVMH-backed private equity firm L Catterton and a deal that will bring down the curtain on Tod’s more than two decades as a public company on the Milan stock exchange...
International Edition