Hints and tips:
...One scoop to start: AC Milan’s owner Gerry Cardinale has pledged to build a 70,000-seater “American-like” stadium for the Italian football club, pouring cold water over efforts by the city’s mayor to salvage...
...European clubs, from Real Madrid and Barcelona to Chelsea and AC Milan, have attracted cash from US investors....
...Our ACS business, led by Craig Farr, has done an extraordinary job extending our reach of private credit to clients and to non-clients....
...Think AT&T’s Bell Labs, which at its 1960s peak “employed 15,000 people, of whom about 1,200 had PhDs”, or Xerox’s Palo Alto Research Centre, which can lay claim to being the originator of the computer mouse...
...HP on Thursday rejected Xerox’s latest takeover approach and advised its shareholders not to tender their stock to Xerox....
...Xerox said it would take its proposal for a $33bn takeover of HP directly to the personal computer maker’s shareholders, Nasdaq’s listings business is on course to eclipse that of bitter rival the New York...
...Xerox ended a hostile takeover bid of rival US printer maker HP, arguing that the macroeconomic and market turmoil caused by Covid-19 made it impossible to pursue the acquisition....
...HP looks beyond Xerox deal Who can he be thinking about?...
...(Reuters) BoE dividend pressure reignites HSBC domicile debate (FT) Buybacks are no longer enough to win investors’ approval (FT) Auto Trader to raise £200m in share sale after waiving ad fees (FT) Xerox...
...Icahn, who you may remember from the dramatic courtroom battle in the Xerox- Fuji saga, is pushing for a deal between Xerox and HP....
...(FT) News round-up Carnival looks to raise $6bn to stay afloat (FT) Fed sets up scheme to meet booming foreign demand for dollars (FT) Xerox is ending hostile takeover bid for HP (WSJ) Shell secures...
...Lopez, who was previously owner of the Lotus Formula One team, is adamant that Lille will not suffer the same fate as AC Milan....
...the case, Uefa investigators even hired outside lawyers for the first time in an effort to build a watertight case that could avoid the fate of past FFP inquiries — such as against Paris Saint-Germain, AC...
...(Alphaville) French government raises €2bn with Française des Jeux IPO (FT) News group Reach pulls out of pursuit of JPI Media (FT) Unilever, Henkel eye bids for Coty's $7bn beauty brands (Reuters) Xerox...
...The deal struck merges Xerox (100-per-cent owned by Xerox shareholders) and the joint venture Fuji Xerox (FX, owned 25 per cent with Xerox)....
...At the same time, he became ubiquitous in corporate America, serving on blue-chip boards for the likes of American Express, Xerox, Revlon and Dow Jones, just to name a few of his commercial engagements....
...the Nifty Fifty, which reached its zenith in 1972, here is Professor Jeremy Siegel's excellent definition from his paper on the period: The Nifty Fifty were a group of premier growth stocks, such as Xerox...
...Too often, it takes a noisy activist to pique shareholder interest, as Nelson Peltz did last year at Procter & Gamble, and Carl Icahn has been doing recently at Xerox....
...In February it emerged that Apple was developing its own independent medical practice, AC Wellness, for its employees....
...That was former Xerox chief Ursula Burns ’ dry response when asked about what it feels like to have corporate raider Carl Icahn turn up on your doorstep....
...Groups such as Ferrovial, Abertis, OHL, ACS, FCC and Acciona were among those builders who formed joint ventures to win concessions from the government to build these roads during Spain’s pre-crisis boom...
...Other significant cross-border transactions in the period include Italy’s Atlantia and Spain’s ACS teaming up to jointly take over Abertis, the Spanish highway concessions group....
...Xerox’s goal — now dashed — was to bundle multiple corporate services and sell the package to big companies. The impending spin-off unwinds the ACS deal....
...Management saved a troubled €740m Chinese football deal from collapse with a €300m high-interest private loan to the Chinese company, called Rossoneri Sport Investment Lux, to help it buy Italian club AC...
...The owner of the Tropicana casino in Atlantic City could be first to cash in on a new era of deregulation for the US gaming industry, if AC gets the legal sports betting it has sought for years....
International Edition