Hints and tips:
Related Special Reports
...the FRC.The disclosure of accounting errors forced M&C Saatchi to adjust its headline profits before tax by £14mn and its statutory pre-tax profits by a total of £28.1mn for 2018 and previous years....
...Among the failings on the M&C Saatchi audit, the FRC said KPMG did not apply sufficient professional scepticism over a client payment that increased revenues by £1.2mn....
...Although I’m more or less alcohol-free, I heartily savour a glass of Guinness to go with the restaurant’s Wagyu beef sliders and smoked bone marrow....
...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....
...Read a transcript of this episode on FT.com...
...Private equity’s M&A tactics are proving unusually testing in Spain....
...Trump Media went public through a merger with a blank-cheque company late last month....
...You know, if they had to run their operations more like a fully privately owned enterprise, they would maybe return money to shareholders rather than pay out a larger workforce, right?...
...A former top investment banker at Centerview Partners did not strike a valid agreement to become a full-fledged partner at the elite advisory firm during a restaurant meeting held more than a decade ago,...
...A complex, strangely structured enterprise of multiple overlapping divisions that was built for a different era and held together by deceit, Boney M are available to book now....
...M&C Saatchi: Shares in the British marketing agency slipped 2.3 per cent after its full-year results showed a 2 per cent fall in revenues and a 10 per cent drop in profit before tax....
...“Equities have been on a fantastic run,” he said....
...When a company is sold there tends to be a standard playbook: There’s some tough negotiations. Then, the buyer gets a business and the seller gets a check. Everyone’s happy....
...marketplace with no barriers to entry, constant influx of new competitors,” Joanne Crevoiserat, the company’s C.E.O., told DealBook....
...Thoma Bravo is buying the business to help it expand into the US, where it owns dozens of enterprise software businesses, a person familiar with the matter said....
...Which is why I’m sceptical much change happens....
...Including Endeavor’s majority stake in TKO, Silver Lake put the consolidated total enterprise value of the business at $25bn, making it one of the largest private equity takeovers in the past decade....
...Google has agreed to pay C$100mn a year into a fund to support news organisations in Canada as part of a deal with the government, ending a dispute that led it to threaten to cut links to news from its services...
...“Platforms are dealing directly with enterprise clients,” he adds. “SMEs can work directly with Google and Meta.”...
...’m Yours”....
...For example, I’m much more thankful for London’s leaden skies....
...“I’m in favour of letting the market decide. If it succeeds, we’re all better off and if it doesn’t, well, the exchange’s investors lost.”...
...I’m going to use it in my own house.” While Deacon emerged from the capricious east London club scene of the 1990s, he was already “establishment”....
...Admittedly, it is the kind of risk that has so far mainly manifested itself in a once-a-century pandemic....
...I’m not talking about real dollars, meaning dollars adjusted for inflation....
International Edition