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...However, Black commented that it would be a “missed opportunity” if CD&R did not involve him in Morrisons because of his accomplishment of a “complete turnaround” at Tesco....
...In January, Morrisons agreed a £2.5bn deal to sell its petrol forecourt business to sister company Motor Fuel Group....
...Private-equity owned UK supermarket chain Wm Morrison has agreed a £2.5bn deal to sell its petrol forecourt business to the Motor Fuel Group....
...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....
...Paul L Colby Alexandria, VA, US...
...CD&R agreed a near-£10bn deal to buy Morrisons in 2021 after a bidding war with a rival firm....
...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...
...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....
...I’m a big fan of his war photography but have always been a bit baffled by his more recent work photographing landscapes, flowers and statues. Now I begin to understand....
...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 . . ....
...Supermarkets (aka Morrisons) vs HM Revenue & Customs (Judgment date: March 4th) Being a flapjack has its advantages....
...Potts, who presided over Clayton, Dubilier & Rice’s £7bn acquisition of Morrisons, said running the grocer had been the “privilege of a lifetime”....
...The towers reference Pope.L’s piece “Eating the Wall Street Journal” (2000), a performance in which the artist, dressed only in a jockstrap and doused in flour, sat on a toilet placed atop a tall, four-legged...
...None more so than the venerable De L’Europe, which has stood at the confluence of the Amstel river and two canals since 1896 and is just completing a five-year renovation....
...French beauty company L’Oreal grew its sales in the third quarter despite a more muted than expected recovery in China....
...The likes of Nestlé, Unilever, Lindt and L’Oreal sport an average return on capital employed of about 15-20 per cent, says Bruno Monteyne at Bernstein. PepsiCo’s is 14 per cent....
...Formula E is looking for a new team to join its circuit, testing demand for electric car racing and pitching a far more affordable entry point to motorsport than Formula One at a time when valuations are...
...Charles Palmer Auckland, New Zealand...
...Before I experienced Barkley L Hendricks’ revelatory retrospective at the Studio Museum in Harlem in 2008, I had never seen more than a couple of his works at a time....
...Under Potts, who began his career on Tesco’s delicatessen counter earning £10.50 a week, Morrisons underwent a revival of its brand while it was listed on the London stock market....
...French beauty company L’Oréal increased sales in the third quarter despite a more muted than expected recovery in China and a fall in travel retail in Asia....
...Then the enterprise value to ebitda multiple would be 10.5 times at a €10bn valuation. That would be well below L’Oréal on 20 times and below the 12 times that Coty and L’Occitane trade at....
...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....
...named a representative....
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