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CEO projects share of sales will double as companies integrate technology into operations
...Ogilvy, which has previously worked with a host of pharma groups including Pfizer and Johnson & Johnson, is launching a business that offers vetted influencers to talk about illnesses and possible solutions...
...Munich Re chair Nikolaus von Bomhard and his BASF counterpart Kurt Bock were both previously the most senior operational executives at their respective groups....
...Wood’s stock languishes around 142p — a painful 41 per cent below the final takeover price offered by Apollo a year ago before the private equity group got cold feet....
...On Thursday, March 28, a group of powerful Delaware lawyers put in motion a plan to make a series of changes to the state’s eminent corporate code, known as the Delaware General Corporation Law....
...But the groups “would prefer to solve their own problems, as opposed to have politicians solve it”, he said....
...The group estimated the rule would cost airlines $33bn over 10 years....
Purchase shines light on wealth accumulated by longtime chief executive Rich Handler
...Meanwhile, the entity in question — Change Healthcare — is restoring its systems, after reportedly paying a $22mn ransom to the BlackCat hacker group. But investors should pay close attention....
The American economist who once said the age of rapid innovation was over has a striking prognosis about AI
...The group of senior class A and subordinate class B bonds are securitised at the operating companies....
...That segment is dominated by UK-listed Gym Group and private equity owned PureGym....
...But investors have soured on the group as it competes in a costly streaming battle with larger competitors such as Disney and Netflix....
...This story was corrected to reflect that Group 1 Automotive has 55 sites in the UK, not 51 as indicated in a previous version....
Brussels seeks explanation from iPhone-maker after group behind ‘Fortnite’ has account terminated
...Lok’nStore is set to become the latest company to leave the UK stock market, after the self-storage group agreed to be bought by Belgian-listed rival Shurgard for £378mn....
...Since then, SIG has put over $3.5bn into more than 350 Chinese start-ups, making Yass’s group among the leading foreign venture capital firms in the country, according to research group ITjuzi....
...Pharmaceuticals groups Pfizer and Moderna, which have both faced criticism from fringe groups over their Covid-19 vaccines, also spent heavily on security for their CEOs last year....
...It also opened proceedings against Meta over whether the group’s new “pay or consent” subscription model complied with the DMA requirement for gatekeepers to obtain user agreement to “combine or cross-use...
...MainFT, last night: The Federal Trade Commission has sued to block US luxury goods group Tapestry’s $8.5bn acquisition of Capri Holdings, a move that threatens a bid to create a US rival to European giants...
...By contrast, concert promotion, by far Live Nation’s biggest division with 82 per cent of group revenue, pulled in only 17 per cent of total AOI....
...The sale to Ithaca — which is majority owned by Israel’s Delek Group — includes British assets that Eni took on with Neptune....
...He said private equity groups are starting to follow family offices into the market, which will result in more deals over the next six months....
...Serkan Kaptan, chief executive of TAV, which operates several major airports in Turkey, said the group had been “laying the foundations for growth . . ....
...Nine workers who occupied a senior executives’ office were arrested and on Wednesday it fired 28 staff allegedly involved in the “No Tech for Apartheid” group....
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