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Entain PLC
Entain examines possible sale of overseas gambling brands
...Entain separately hired boutique advisory Oakvale Capital to oversee the sale of its Partypoker brand several months ago, Sky News reported this week....
March 14, 2024
Silvio Berlusconi
Silvio Berlusconi’s Sardinian estate on sale for €500mn
...The luxurious Sardinian beach estate of Italy’s late former prime minister Silvio Berlusconi, where he once vacationed with the world’s most powerful leaders, is going on sale for €500mn....
January 31, 2024
FT Live
Future of Business Education: Spotlight on Executive MBA
Enhancing your leadership skills
Wednesday, 16 OctoberDigital Conference
Biotech
Healthcare investor looks to cash in on pharma outsourcing trend with €1bn-plus sale
...London-based healthcare investor GHO Capital has this year hired advisers from JPMorgan to oversee a sales process for FairJourney Biologics, a contract research organisation that works on behalf of pharma...
March 3, 2024
Michelle Mone
London townhouse linked to Michelle Mone’s husband on sale for £25mn
...A townhouse in London’s Belgravia owned by a company linked to the husband of Tory peer Baroness Michelle Mone is on sale for £25mn, weeks after the lingerie tycoon admitted lying over her role regarding...
January 16, 2024
HSBC Holdings PLC
HSBC to take $1bn hit on sale of Argentina unit
...Noel Quinn, chief executive of HSBC, said in a statement that the sale “enables us to focus our resources on higher value opportunities across our international network”....
April 9, 2024
John Wood Group PLC
Activist investor calls on Wood Group to consider New York listing
...John Wood Group, the FTSE 250 engineering services company, should either move its listing to the US or consider a sale, activist investor Sparta Capital Management said on Tuesday....
April 16, 2024
FT Live
Due Diligence Live
Where leaders in investment and finance meet
Tuesday, 8 OctoberLondon, UK
North American prime property
Hot property: five homes for sale in Mexico
...Who Engel & Völkers Los Cabos Find out about our latest stories first — follow @FTProperty on X or @ft_houseandhome on Instagram...
March 27, 2024
FT Swamp Notes
Washington DC’s red herring on TikTok’s ‘digital fentanyl’ Premium content
...It would impose privacy regulations on the sale to third-parties of any data collected by any social media app, regardless of who owns it....
March 15, 2024
Live news: Alphabet shares jump 14% after first-quarter revenue beats Wall Street expectations
Microsoft shares rise on higher cloud sales
...Microsoft beat revenue and cloud sales forecasts on Thursday in a sign of rising artificial intelligence spending, a sector into which Big Tech companies are pouring billions of dollars....
April 25, 2024
Live news: Deutsche Bank net quarterly profits rise 10%
Nestlé sales fall more than expected
...Nestlé reported lower than expected sales on Thursday as the food company took a hit from slower consumer demand in North America and supply constraints in its vitamins and supplements business....
April 25, 2024
Live news: Indonesia raises interest rate to 6.25% in surprise move
PZ Cussons explores sale of African business
...The consumer goods company, whose brands include Carex and Imperial Leather, said it was “evaluating the strategic options” for its sizeable business on the continent, to reduce risk for shareholders....
April 24, 2024
News updates from April 19: Israel launches retaliatory strikes against Iran; S&P 500 falls for third straight week
British retail sales flat in March, undershooting forecasts
...ONS senior statistician Heather Bovill said the gains in some areas were “offset by falling food sales and in department stores where retailers say higher prices hit trading”....
April 19, 2024
Live news: Barclays profits fall but beat expectations
Hermès sales rise 17 per cent despite market downturn
...The maker of Birkin and Kelly bags said sales rose 17 per cent on a like for like basis in the first quarter to €3.8bn, beating analyst expectations....
April 25, 2024
News updates from April 22: Huw Edwards resigns from BBC; Head of Israeli military intelligence to resign
Asda drives up sales amid cost-of-living squeeze
...Overall sales rose 7.1 per cent to about £22bn, while like-for-like sales increased by 5.4 per cent....
April 22, 2024
Live news: Rise in UK business activity overshoots forecasts in April
PepsiCo outstrips forecast despite slowing sales in North America
...Snacks and drinks seller PepsiCo beat earnings expectations in the first quarter on stronger international sales, but revenue growth still slowed as North American consumers remain sensitive to higher prices...
April 23, 2024
FT Live
Future of Asset Management Europe
New fund firm models for Europe's resurgence
Tuesday, 12 NovemberLondon, UK
Live news: US FTC bans non-compete agreements
Kering forecasts weaker profits as Gucci sales in China slump
...Kering said it expected a decline of between 40-45 per cent in first-half 2024 operating income compared with 2023, as it released first-quarter results that showed group sales had declined 10 per cent on...
April 23, 2024
Live news: Stellantis boss slams UK electric vehicle policy as ‘terrible’
Merck raises revenue projections after surge in cancer drug sales
...The improved guidance comes after first-quarter sales of Merck’s popular Keytruda cancer drug jumped 20 per cent year on year to $6.9bn, ahead of analysts’ expectations....
April 25, 2024
Live news: EU votes to leave treaty seen as protecting fossil fuels
Biogen beats profit expectations but Alzheimer’s drug sales lag behind
...That pushed Biogen’s shares up 4.3 per cent in early trading on Wednesday....
April 24, 2024
Lebara Mobile Ltd
European telcoms group Lebara explores sale
...Over the past three years, the company has shifted focus to target younger consumers and those seeking cheaper deals than on offer from major telecom operators....
December 20, 2023
Live news: Moscow threatens to downgrade ties with US if Russian assets are confiscated
US pending home sales jump to highest level in a year
...on Thursday....
April 25, 2024
Live news: EU launches probe into Chinese medical devices
Heineken reports first volume growth for a year as sales beat expectations
...The brewer said beer volume sales were up 4.7 per cent in the January-March period, compared with the 2.5 per cent growth expected by analysts in a company-provided poll....
April 24, 2024
UK retail sales
British retail sales stagnate as shoppers cut back on groceries
...ONS senior statistician Heather Bovill said “hardware stores, furniture shops, petrol stations and clothing stores all reported a rise in sales”....
April 19, 2024
Heineken NV
Heineken beer sales beat expectations
...On Wednesday, Heineken said sales volumes of its premium beers, which include brands such as Birra Moretti and Kingfisher Ultra, grew at 7.3 per cent in the first quarter, outperforming its total beer portfolio...
April 24, 2024
Sovereign bonds
Spain draws record €138bn of orders at bond sale
...Spain attracted the largest ever order book for a sovereign bond on Wednesday, capping a series of blockbuster eurozone debt sales at the start of 2024....
January 10, 2024
The Art Market
Velázquez’s Spanish queen on sale for $35mn at Sotheby’s
...A collection of 114 items of football-based art will be on sale through Bonhams online (December 4-13)....
November 30, 2023

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