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...Electronics retailer Currys sparks bidding war The UK high street mainstay Currys — known for selling electronics, from computers to vacuums — isn’t the sort of company you’d expect to find in the middle of an international...
...But the underperformance of its listed companies’ stock is hardly an incentive for international investors....
...After the sale completes, its shareholding in Volvo will be 78.7 per cent....
...Electrolux has also said it has a “negative” outlook on European sales volumes for 2023 as a whole....
...McDonald’s has experienced this first hand, with the burger chain reporting that same-store sales in its international licensed division — which covers more than 80 markets where McDonald’s has licensed...
...“With access to international capital markets all but non-existent, Russian buyers often resort to smaller lenders,” she said. Expobank did not immediately respond to a request for comment....
...AB InBev maintained its forecast but reported a fall in sales volumes of 1.4 per cent....
...Croda International chief financial officer Louisa Burdett will step down in June 2024 to become CFO of Spirax-Sarco Engineering....
...Meloni’s rightwing coalition has opposed plans to ban the sale of combustion engine cars from 2035....
...The Danish group, which had more exposure to the market than any other international brewer, previously warned it would suffer a $1.4bn writedown from the sale....
...its global sales force....
...Boddingtons has since lost its cult status (both globally and locally) and sales significantly declined....
...EVs made up 37 per cent of all new car sales in China last month, according to figures from HSBC Global Research....
...The Russian assets of Volvo AB, the Swedish truckmaker, are also to be transferred to a local investor....
...Analysts argue that this may hasten a sale of Altria’s 10 per cent stake in AB InBev, the world’s largest brewer....
...Bud China is an arm of Bud Apac, the listed Asian brewer majority-owned by the world’s largest brewer AB InBev....
...But the activist’s efforts to spark a higher price in Philip Morris International’s pursuit of Swedish Match are justified and might just succeed....
...The global self-tanning market, valued at $597mn in 2019, is forecast to be worth $735mn this year, according to Euromonitor International. It’s no longer embarrassing to fake tan; it’s de rigueur....
...“I believe that with things like inflation, there’s a real focus among merchants on identifying how to reduce the cost of sale,” Goodall said....
...The former Primark insider said the management team was largely “just left to get on with it” by the AB Foods senior team....
...(This all excludes captive-financing arms and ABS, since they have different credit considerations.)...
...The Gulf state’s late decision to ban the sale of beer in fan zones outside stadiums will hit sales of Budweiser, a brand owned by drinks giant AB InBev and a longstanding Fifa partner....
...Sales of Swedish Match’s pouches grew more than 50 per cent last year in the US and Scandinavia....
...PMI is Marlboro cigarette-maker Philip Morris International. And he was right: they were surprised....
...Philip Morris International, which sells the brand outside the US, wants to accelerate its move away from cigarettes....
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