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...Nygaard-Andersen quit last December after a three-year stint that saw Entain’s shares underperform rivals and attracted several activist investors who have pushed for improvements in the way the company...
...The businessman is the youngest son of the late Onsi Sawiris, who founded a construction company in the 1950s and built it over decades into a large multinational corporation now called Orascom Construction...
...On Thursday it also agreed a £80mn construction loan for new serviced apartment buildings, and replaced an existing construction facility with a £132mn loan on a mixed-use building that includes offices,...
...Andersen indicated to some staff that he would stay on in the short term as the company steadied itself ahead of the expected legal battle, the person added....
...Jette Nygaard-Andersen led the UK-based company through an investigation by HM Revenue & Customs into its legacy Turkish business, which earlier this month resulted in the Ladbrokes owner agreeing to pay...
...His help proves especially invaluable in the creation of Andersen Genève’s current world time model, the Tempus Terrae....
...UK bookmaker over the Danish executive’s management of the company....
...The Ladbrokes owner said David would take over at the end of September or before, depending on when the company found a replacement for former chief Jette Nygaard-Andersen, who stepped down in December following...
...“We’re not seeing any let-up in the overall cost picture of the business,” said chief executive Jacob Aarup-Andersen....
...at the research company Capital Economics....
...She and company chair Barry Gibson started using private jets to travel to board meetings in Gibraltar during the pandemic....
...Investors are doubtless already weary of the company’s underperformance against rivals....
...Rivian is pausing construction on building a new factory in Georgia and instead plans to build its new, less expensive sport utility vehicle at its plant in Illinois....
...Rivian is pausing construction of a new factory in Georgia and instead plans to build its new, less expensive sport utility vehicle at its plant in Illinois....
...The company is focused on “strengthening our commercial and operational discipline”, Andersen added....
...Matthew Pointon, senior property economist at the research company Capital Economics, said commercial construction had “been contracting since September last year as developers wait for the outlook to stabilise...
...Gibson pointed to Nygaard-Andersen’s role in “overseeing the resolution of the HMRC investigation into the company’s legacy Turkish-facing business, as well as tirelessly navigating the company through a...
...Tim Moore of S&P Global Market Intelligence said construction companies were “increasingly optimistic that the worst could be behind them soon as recession risks fade and interest rate cuts appear close...
...Inger Andersen, head of the UN Environmental Programme, which is leading the talks, said capping the production of plastics may “legislate ourselves into a corner”, and pushed for provisions to address single-use...
...a mainland Chinese real estate company....
...AmexGBT was spun off into a joint venture in 2014 by American Express, and the company went public via a merger with a blank cheque company backed by Apollo Global Management in 2022....
...Pål Kildemo, chief financial officer of the Norwegian company, said this construction crash because of high rates and rising building costs had hit the aluminium sector hard, undermining earnings of Hydro...
...Under Nygaard-Andersen, Entain has made 11 bolt-on acquisitions of gaming companies, with varying degrees of success....
...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...
...But he said “expectations of falling interest rates during the months ahead” appeared to have supported confidence at construction companies....
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