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...IDS responded later on Wednesday, saying it rejected the 320p approach on April 11 because it “significantly undervalues IDS and its future prospects”....
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...Cabernet dominates Napa Valley but is a pretty heterogeneous category and can be hundreds of dollars a bottle....
...US discount retailer Dollar General forecast a relatively upbeat outlook for the financial year, on a hoped-for jump in sales growth during its second half....
...New York’s attorney-general has urged a judge to invalidate a $175mn bond posted by Donald Trump to halt enforcement of a half-billion dollar fraud judgment against him and his businesses, arguing that it...
...Rachel Reeves, the UK’s shadow chancellor, has promised no rise in corporation tax from its current rate of 25 per cent under a Labour government if the party wins the general election later this year....
...For Dollar Tree, the blockbuster deal to buy Family Dollar in 2015 was meant to give the discount retailer the heft to compete against market leaders Dollar General and Walmart....
...Separately, away from Washington, Simon has a piece about the Net-Zero Asset Owner Alliance and its latest marching orders for members. — Patrick Temple-West Join Nancy Pelosi, Jake Sullivan, Anne Applebaum...
...Ireland must hold a general election by March 2025 and a three-party ruling coalition, made up of the centrist Fine Gael and Fianna Fáil parties, and the Greens, is seeking to stay in power despite nationalist...
...The corporation said it was hit by a 30 per cent real-terms cut in funding between 2010 and 2020, as the licence fee failed to keep pace with inflation, prompting an aggressive cost-cutting programme that...
...Private equity group CVC Capital Partners, F1’s previous owner, has a similar broad portfolio spanning tennis, rugby, cricket and football, while Saudi Arabia’s Public Investment Fund has its own collection...
...Binks and General Atlantic are both acquiring the shares from Hg, which is selling its full stake....
...Discount US retailer Dollar General beat revenue and profit expectations in its third quarter despite a slowdown in demand, as low-income consumers rein in spending amid rising prices....
...This year it did the biggest UK deal of its kind, when general insurer RSA offloaded £6.5bn of liabilities to the group....
...But it is entertaining as well as scholarly, and it sheds interesting light on many of the personalities who have shaped or reshaped the American corporation....
...“This is going to be a messy and protracted series of negotiations and it’s unclear how quickly the situation is going to be resolved,” he added....
...Chancellor Jeremy Hunt has raised the possibility of further tax cuts before the next general election as he counts on recent reductions to national insurance and the prospect of lower interest rates to...
...Aside from radars, it designs drone swarms and navigation and electronic warfare systems....
...“The exorbitant and punitive amount of the judgment . . . would make it impossible to secure and post a complete bond,” they wrote, adding: “In the absence of a stay . . . properties would likely need to...
...Temu has undertaken a multibillion-dollar internet advertising blitz on Google and Meta to grab US market share....
...Data from the Federal Deposit Insurance Corporation shows it remained at a rate of just 1.5 per cent at the end of the third quarter....
...While consolidation has meant more cash for more sophisticated equipment and medical advances, it has led to higher and higher costs, with some owners not aware that they can access cheaper treatments for...
...But legacy owners appear to have faith in the new private equity owners....
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