Hints and tips:
...I said to myself, ‘This is a gold mine’. It was like a Rosetta Stone for how to do leveraged buyouts....
...Will Wallis at Numis can give us the detail of the strategy review: We summarise the outcome as a focus on self-help, requiring upfront P&L investment....
...At c30x P/E, we do not feel valuation fairly reflects these risks and thus downgrade to Sell with a GBp385 price target, suggesting c30% downside from current levels....
...“It’s that last parcel of undeveloped land in Manhattan.”...
...But I wouldn’t say there’s a deliberate ‘Let’s launch less’ [decision] on haircare or laundry....
...“So I thought I would put together a portfolio of S&P 500 stocks, with 85 per cent exposure, then used OEX [the S&P 100 index] positions as a hedge.”...
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