Hints and tips:
...The failure of one of Drexel’s biggest clients, the Executive Life Insurance Company, destroyed the retirement incomes of thousands of Americans....
...But a decade reporting on Asia makes me wary of believing in a wider shift beyond some very dogged work at specific companies by activists such as Elliott and Oasis....
...N R Bhanumurthy, vice-chancellor of the Dr B R Ambedkar School of Economics University....
...But one of the jewelled eggs was bought in 2004 by the now sanctioned oil and gas mogul Viktor Vekselberg, who later passed its ownership to a company registered in Panama, Lamesa Arts Inc; it is usually...
...(I went to two weddings in two different states last week and I’m still recovering.)...
...(FT) News round-up PwC to sell mobility unit to private equity group CD&R for $2.2bn (FT) DraftKings given more time to pursue Entain takeover (FT) JAB targets pet insurance M&A with purchase of BNP...
...“This is a landmark case which can have wider repercussions for the market of M&A insurance,” said Kai Wallisch, a Stuttgart-based lawyer with CMS Hasche Sigle....
...Insure the businessHousehold insurance is unlikely to cover your business. You need cover for public liability, professional indemnity, equipment, tools, stock and business buildings....
...“Overall, we’ve been in an active M&A cycle for some time. Warranty and indemnity insurance is being used more frequently,” said Mary Duffy, global head of M&A insurance at AIG....
...The dividend is suspended, the M&A programme is suspended and combined with the cost savings, that should save £500m of cash. ......
...bit rich for a company with zero visibility....
...If Debt/GDP is about 1 now (UK-US levels) you can run a primary deficit of (g-r) — where g is growth rate and r is real cost of borrowing — and keep Debt/GDP constant....
...Meanwhile, R&D spending lags behind that of Asia and the US....
...(WSJ) News round-up AT&T paid Trump lawyer for ’insights’ into his boss (FT) Zurich Insurance plays down M&A talk as first quarter premiums beat (Reuters) Japan’s Recruit Holdings to buy Glassdoor for...
...The company also invests in research. Its innovations include a natural rubber (as opposed to neoprene) wetsuit, Yulex. “We did a load of R&D and then gifted it to the industry,” Ms Marcario says....
...Insurance executives who hoped they would prompt a sharp pricing correction have been disappointed. That, say bankers, has left some looking towards M&A....
...CDL v Millennium hotels: Singapore stand-off A simple question sits at the heart of a battle between one of Singapore’s richest men Kwek Leng Beng and a group of investors in UK-listed Millennium & Copthorne...
...“One asked if we would match Walmart’s prices and I said: ‘I pay my employees’ health insurance so I’m asking you to pay full price for this.’ He said: ‘Done.’”...
...Second, we should look more closely at corporate R&D as a percentage of revenues....
...Having purchased 14 smaller insurance companies from Mexico to Malaysia before the Chubb tie-up, Mr Greenberg says he used a formula for M&A success....
...multiple (known as EV/R)....
...The company has for the first time released details of how M&A participants use insurance when transactions turn sour....
...These include property and casualty insurance, professional indemnity and medical stop-loss....
...“It is a very exciting time for the M&A insurance world.”...
...At 27 he started out in insurance, offering accident and health cover to railroad employees at the Continental Casualty Company of Chicago....
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