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...Typically, private equity groups aim to hold assets for about five years....
...The plans, which have been criticised by environmental groups and some locals, are currently going through approval processes....
...The industry has also recently taken several large companies public, including dermatology business Galderma and fashion retailer Douglas....
...Tea is Kenya’s largest export industry. In February, alongside Kenyan President William Samoei Ruto, the company inaugurated a new tea academy....
...In India — a global hub for back-office services — more than 5mn people work in IT and business process outsourcing, according to industry group Nasscom....
...Group revenue edged up 2 per cent to £9.7bn....
Bosses of Woolworths and Coles defend profitability on first day of inquiry
...Analysts said investors remained wary of the substantial debtloads the casino groups took on to fund operations during the Covid-19 pandemic....
...Talksport Ltd — which owns Times Radio, Virgin Radio, Talksport and Talkradio — reported a profit of £8.6mn....
...The 44-year old will return to Anfield with a new job title — chief executive of football at Liverpool owner Fenway Sports Group....
...The airline’s rebound has been slowed by the cost of servicing the more than £1bn it took on to survive the coronavirus pandemic, which prompted governments to close the skies and plunged the industry into...
...investor, who holds shares in both Anglo and BHP, said Anglo would need to push for a higher price from BHP or offer up another proposal that could involve selling assets and combining with similar-sized industry...
...Somebody is buying RuneScape again: Private equity group Carlyle is to sell UK video games maker Jagex to Europe’s CVC Capital Partners in a deal estimated at just below £1bn as interest in the industry...
...The sale to Ithaca — which is majority owned by Israel’s Delek Group — includes British assets that Eni took on with Neptune....
...He holds a “small stake” in the group....
...Minimum wage rises would “hugely impact” the profitability of venues, said Steven Alton, chief executive of the British Institute of Innkeeping, an industry body representing independent pubs....
...Boston Consulting Group has appointed Juergen Eckel to lead its tech design and build unit BCG X in the UK and Benelux....
...victims of phone hacking and other unlawful activity upped the ante on Wednesday by seeking approval from the High Court in London to include additional allegations in their civil lawsuits against News Group...
Once a particular style has lost its cachet, it can be hard to recover on a standalone basis
...I don’t know half a year or a year later what could happen to the industry.”...
...The Australian Transaction Reports and Analysis Centre, or Austrac, said it was launching a formal investigation into Bet365, which is one of the larger gambling groups in the Australian market but has struggled...
...Alongside gas and power trading, the group is investing in green technologies such as battery storage and biogas....
...The industry’s top executives are all betting on a price surge in the years ahead. BHP seeks to get ahead of that price boom....
...He is joking, but it is an idea based on a genuine industry phenomenon: super-rich customers prepared to pay sky-high prices to create their own unique supercar....
...This shift will have major ramifications for both the auto industry and the energy sector.”...
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