Hints and tips:
...And DS Smith isn’t alone....
...DS: Google’s largest power is on the sellside....
...Deloitte said one female partner, Nikki Mitchell, had recently been appointed as lead auditor of DS Smith....
...In the most recent case Amcor, the Australia-listed packaging group agreed to take over its US rival Bemis in August, and in June UK cardboard-box maker DS Smith agreed a €1.7bn all-cash acquisition of Spanish...
...The corporate diary includes DS Smith....
...DS Smith is acquiring the business from CP Group 2 BV, a subsidiary of One Equity Partners, which was spun out of JPMorgan earlier this year....
...The cardboard confederacy that is DS Smith offers the closest thing to adrenalin-drenched thrills available in the packaging industry, on a price/earnings ratio of 13.5 times....
...They include Ellington Management, Fundamental REO, whose fund received a large investment from Goldman Sachs and Barry Sternlicht’s Starwood Property Trust, analysts have said....
...Others looking at a listing include units of investment fund Ellington Management; Fundamental REO, whose fund received a large investment from Goldman Sachs; Waypoint Homes Realty Trust; American Homes...
...They have warned bankers that they are highly unlikely to award any REO to rental securitisations the coveted triple A rating, which signifies the security is as good as risk-free....
...Real-Estate Owned (Reo), foreclosed properties owned by banks, (the yellow line in the right-hand chart, and the light grey bit in the left) would be expected to stagnate....
...Citroën is expected to start selling the cheaper version of its new DS next year. www.ft.com/europeanview...
...REOs increased 184 per cent in July compared with the year ago period....
...DS Smith, the corrugated packaging manufacturer, gained 8.9 per cent to 165½p and pledged to cut costs after it reported lower annual profits....
International Edition