Hints and tips:
...Inspired has significant business in Spain, Italy and South Africa, and has expanded in regions including Latin America....
...Pershing Square’s Bill Ackman, Caxton Associates’ Andrew Law and Saba Capital’s Boaz Weinstein are among the biggest winners from this year’s market swings....
...Located on the outskirts of Egham in the South East, Belron repairs and replaces car windscreens; The Access Group, based just outside the Midlands town of Loughborough, sells back-office software....
...The case against Michael Slager, a South Carolina police officer who was filmed shooting a man in the back, ended in a mistrial....
...“The corporate structure . . . has failed in the UK,” where it is more common, having begun more than two decades ago, Cahill says....
...But the one thing we did listen to on our record player were musicals – we had an LP of South Pacific and we all watched the American films like Singin’ in the Rain on our little black-and-white TV....
...At the campaign’s Times Square office, Bloomberg LP employees, who have migrated over to the campaign side, mingle with veteran Democratic political strategists....
...Carlyle joins Challenger and Macquarie Investment Management, two Australian financial services groups, and TA Associates, a buyout specialist that previously invested in British fund management boutique...
...Harris Associates, which owns 9 per cent of Credit Suisse, believes the thrust of the activist plan, put forward by RBR Capital Advisors, has little merit, but David Herro, Harris’s international chief investment...
...But, with the global smartphone market nearing saturation, the South Korean conglomerate is under pressure to tap new sources of growth....
...South African regulators were also resistant to private equity ownership of the operations....
...Then I’d be in the same boat as Elliott Associates. My financial intoxicant back in the day was buy-to-let property....
...“If you are a black trans girl in the Deep South, you can find a YouTube video from someone who has had similar experiences to you.”...
...September, Cheil Industries merged with Samsung C&T in a high-profile deal that bolstered Samsung’s founding family’s control over the group, overcoming strong opposition from activist US hedge fund Elliott Associates...
...Minority interests, rejoice: victory over a South Korean conglomerate....
...The deal was opposed by shareholders including US hedge fund Elliott Associates, which argued that the terms undervalued Samsung C&T and would transfer billions of dollars in value to Cheil shareholders...
Shareholders of Samsung C&T stand to lose $7bn if merger with Cheil Industries goes through
...A restructuring at the Samsung group has run into opposition, with US hedge fund Elliott Associates attempting to block the merger of two key affiliates of the South Korean conglomerate....
...South Korea’s Kospi Composite was down 1.4 per cent....
...“I have never seen such a case before in South Korea,” he said....
...The company on Friday announced the results of a “putback” programme required by South Korean law, under which shareholders who vote against a merger can sell back to the company all the shares they held...
...Even as Samsung’s founding family savours victory over US activist fund Elliott Associates, it is digesting new evidence of the threat posed by foreign investors to South Korea’s chaebol business model....
...The result was a narrow defeat for US hedge fund Elliott Associates, which used a 7.1 per cent stake in Samsung C&T to oppose the company’s sale, saying that the transaction terms undervalued the target....
...The deal is part of a restructuring at Samsung, South Korea’s biggest chaebol business group....
...But that process has come under attack from one of the world’s most aggressive activist funds: Elliott Associates, which pursued Argentina over unpaid debts to the point of trying to seize one of its naval...
International Edition