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...He will also replace Olivier Goudet, chair of JDE Peet’s in late May on a permanent basis. Goudet will remain a JDE Peet’s director. The changes are expected to be confirmed later on Friday....
...Even if Machin succeeds in lifting M&S’s market share by 1 percentage point, it will still have under 5 per cent of the UK grocer market. That is not to say a spruced-up app is a dud....
...“The need to execute on cross-border M&A is here. It’s for many companies an existential reality. Their supply chains have been disrupted by two major global conflicts,” Pick said....
...I’m really proud of it. But now I’m done with that. I want to sell it and I’m looking for a buyer. So how does this process work with a typical M&A deal? Sujeet Indap Sure....
...She will leave after the company’s annual shareholder meeting in July to pursue other board roles, M&S said on Thursday, having helped revive the retailer’s fortunes over the past 24 months....
...For those working in London, the rate will increase by more than £1 to £13.15....
...asked Eric Otness, head of M&A at Skadden’s Houston office. “We’ve seen all this consolidation on the upstream side....
...Helmersson will be replaced by Daniel Ervér, the 42-year-old head of H&M’s main brand and an 18-year company veteran, the Swedish group said on Wednesday....
...Companies attending CAGNY also signalled that small-to-mid-sized deals were on the table again, despite high interest rates, in a sign that companies were turning to M&A while organic growth remains elusive...
...“I think, over time, the Fed will get some better data, it will give them room to cut rates. But the pace of that disinflation has slowed,” he said....
...He writes that grand hotels might not go amiss, but putting a few ill-planned flats into stores “will stymie any future development of our shopping streets and city centres”....
...Some industry executives question Holcim’s commitment to decarbonising the “whole construction industry” when its M&A activity has not solved the notoriously “hard-to-abate” carbon footprint problem facing...
...He will also replace Olivier Goudet, chair of JDE Peet’s in late May on a permanent basis. Goudet will remain a JDE Peet’s director. Read more here...
...What will survive of us is not love, I would argue, but literature....
...Bristol Myers Squibb raised $13bn in a large bond deal on Wednesday that will help fund two acquisitions....
...It’s wealth porn, and I’m addicted to it — largely because, in my experience, most rich people have appalling taste....
...The pharma group’s investment-grade debt sale, which has not yet priced, will span eight or nine maturity brackets from two to 40 years....
...Here’s more on the regions driving a nascent recovery in the M&A market....
...H&M will close more stores than it opens this year, he added....
...When it comes to winning restructuring business from Hong Kong, the former colleague said, “A&M will be totally unassailable for years.”...
...I’m Claer Barrett, the FT’s consumer editor....
...“Well, I’m on the Pulitzer [Prize] board, so if I tell you stuff I’ve enjoyed it’s kind of a clue.”...
...I view my own stocks and shares Isa as a flexible retirement fund which I’m hoping to leave invested for decades to come....
...“I’m really very grateful,” says Casimir....
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