Hints and tips:
...Private equity firm Clayton, Dubilier & Rice has appointed former Ball Corporation chief John Hayes as an operating adviser....
...Tobacco group Philip Morris International caved to pressure from activist funds to increase its offer to buy its smaller rival Swedish Match by about 10 per cent....
...Peter Morris London N5, UK...
...Arora’s story differs from that of other bargain-shop tycoons such as Tom Morris at Home Bargains or Chris Edwards at Poundworld, in that he did not go directly into retail....
...SoftBank-owned Fortress lifted its bid just days before a critical deadline for a rival offer from the buyout group Clayton, Dubilier & Rice....
...On Friday, the private equity firm Carlyle raised its offer for UK inhaler-maker Vectura, outbidding the tobacco group Philip Morris International....
...Letter in response to this article: Why a ‘value bridge’ is an imperfect measure of buyout returns / From Peter Morris, London N5, UK...
...Ping An isn’t the first HSBC shareholder to call for a split, but it’s by far the most significant, the FT’s Tabby Kinder and Stephen Morris write....
...Late last year, Clayton, Dubilier & Rice used the same strategy to sell a majority of its investment in automotive repair company Belron, also at a €21bn valuation, to Hellman & Friedman....
...US private equity firm Clayton, Dubilier and Rice has made a £10.2bn offer for Morrisons but is facing a rival consortium led by Fortress Investment Group....
...The UK takeover regulator has given Clayton, Dubilier & Rice an extended August 20 deadline to make an offer for Wm Morrison, in the latest twist in a bidding war between two US private equity groups for...
...“If there is one thing most people agree that private equity firms are good at, it is knowing when to sell,” said Peter Morris, an associate scholar at the University of Oxford’s Saïd Business School....
...: Bank of New York Mellon Q3, Bellway FY, Canadian National Railway Company Q3, Danone Q3 sales, Deutsche Börse Q3, Halliburton Q3, Johnson & Johnson Q3, Kering Q3 sales, Netflix Q3, Omnicom Q3, Philip Morris...
...Essential comment before you go Helen Thomas Philip Morris International likes to talk about purpose, but its £1bn deal to buy UK inhaler business Vectura causes confusion on both sides....
...Then it planned one for Vectura, the inhaler business at the centre of a bidding war between private equity group Carlyle and Philip Morris International, the maker of Marlboro cigarettes....
...AlixPartners has hired Jessica Clayton, Lee Watson and Joe O’Connor from EY as managing directors in its UK turnround and restructuring practice....
...Works have been selected from the collection of British insurance company Hiscox, and the 44 artists represented include Joan Miró, Annie Leibovitz, Sarah Morris and John Baldessari....
...“If there’s one thing the tobacco industry is good at, it’s engaging in lengthy litigation,” said Mr Clayton....
...At Philip Morris International, owner of brands such as Marlboro, ecigarette sales grew nearly 400 per cent between 2016 and 2017, to account for 5 per cent of total sales....
...Steve Clayton, a fund manager at Hargreaves Lansdown, said the acquisition was a “big move that makes a lot of sense for BAT”....
...Clayton Hospital, Wakefield, West Yorkshire (1879 extended circa 1900) The Tudor Revival hospital faces demolition in the face of expansion plans by the neighbouring Wakefield Grammar School Foundation,...
...A Reverse Morris Trust transaction is named after a 1966 case that decided the tax law on spin-offs....
...Clayton, Dubilier and Rice....
...[It’s apparently got the thumbs-up from Stephen Morris, New Order’s inhumanly rigorous drummer.] Dance floor catnip for audio anoraks then. Factory Floor Factory Floor (DFA)...
...He then lumps Wired magazine, Clayton Christensen, “the high priest of disruptive innovation”, Apple stores and TED talks (presumably his own included ) together in a critique of innovation as a religion...
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