Hints and tips:
Related Special Reports
...Royal Mail owner International Distributions Services has rejected a £4.5bn takeover approach by Czech billionaire Daniel Křetínský’s investment group, calling the timing of the bid “opportunistic”....
...Large private property trusts similar to Breit managed by investment groups, including Starwood Capital and Brookfield, also reported cash flows falling short of distributions in 2023, filings show....
...Artemis is owned by its 27 partners — among them fund managers and key individuals at the firm — and US investment company Affiliated Managers Group, which bought a majority stake in the business in 2010...
...“The regulator might not be condoning much more favourable cash distribution to investors going forward.”...
...In February 2023, Vale Holdings BV made a “dividend distribution in kind” to Vale in the form of $1.5bn of share buybacks....
...The company plans to keep its three dealership sites in Poland, which it will absorb into the distribution arm of its business....
...For Křetínský, whose approach was rejected, unlocking value would surely require more radical surgery, breaking off the group’s international delivery business GLS....
...“On present information, it is unlikely that sufficient funds will be realised to enable a distribution to be made,” according to documents filed at Companies House....
...Skydance is offering to buy Redstone’s National Amusements, which controls 77 per cent of Paramount’s voting stock, and later merge with the two companies....
...Meta’s shares tumbled more than 15 per cent in after-hours trading, wiping billions of dollars off the value of the social media group, after Mark Zuckerberg vowed to turn it into “the leading AI company...
...Ari Emanuel gets a jet in Endeavor LBO After a shortlived run as a listed company, Endeavor Group, the Hollywood and sports powerhouse that controls TKO Group and talent agency WME, plans to go private....
...Enbridge will purchase Dominion’s three natural gas distribution companies for about $9.4bn plus debt in an all-cash deal, making it the biggest gas utility group in North America....
...The group agreed this week to take a 26.1 per cent interest in Victory Capital Holdings, a $2.8bn US-listed fund manager....
...Mark Hoplamazian, chief executive of US hospitality group Hyatt, said building new hotels had become harder due to “very tough” markets for raising capital, causing the company to turn instead to converting...
...Despite economic headwinds, the biggest US cigarette company Altria will not be hit by a writedown because its biggest brand Marlboro was developed in-house and does not have to be declared as goodwill on...
...There is no cash payment involved, but the two groups will enter into 15-year reciprocal distribution agreements....
...GSK’s Nigeria affiliate also scaled back its business last year, shutting down the distribution of its own medicines and switching to third-party Nigerian companies....
...Tobacco group Altria, media conglomerate Comcast, cruise company Royal Caribbean and chocolate-maker Hershey reported third-quarter earnings on Thursday....
...Yet many of Royal Mail’s challenges involve its comprehensive distribution network....
...The Spanish fashion group, which has been outperforming its rival H&M, said it would spend nearly €1.8bn on distribution centres over the next two years to capitalise on opportunities to sell even more clothes...
...[Capital Group] offers,” he said....
...The company said the decision was partly driven by huge demand for weight-loss drugs....
...’s distribution infrastructure....
...Patrick Orlando, the Miami-based businessman behind DWAC, recently sued the company, claiming he should receive a larger distribution of shares....
...The company has hired 16,000 seasonal workers, opened five temporary sorting centres and launched financial incentives for employees if they hit “quality targets”....
International Edition