Hints and tips:
...Kleinman said H&F’s investment could double in size over time as it funds future acquisitions....
...Happily, because the competition allows each journalist an entry, we got the chance, using Ethan’s slot, to double down on value with a Mag 7 relative value portfolio....
...In an industry projected to more than double from its current valuation of around $140bn to almost $300bn by 2030, they compete with the independent and multibrand conglomerate categories alike....
...BC Partners will more than double its money on IMA after taking a 45 per cent stake in the company back in 2020, one of the people said....
...Throw in £500mn for its ecommerce technology and the enterprise value would shoot up to £3.7bn — more than double what it was on Monday morning....
...Microsoft’s enterprise software revenue and Amazon’s US retail sales both grew 11 per cent in the first quarter. The business of moving electrons around on silicon wafers is prospering....
...Semiconductor manufacturers cite Moore’s Law, stipulating that transistors on a microchip double every two years. Silicon Valley venture capitalists invoke a “Rule of 40”....
...Since the end of 2019, Amazon’s worker count has nearly doubled, while Microsoft grew its workforce in 2022 by more than double the previous year....
...The asset manager snatched Westinghouse at an enterprise value of $4.6bn in a 2018 auction following the bankruptcy of owner Toshiba....
...The International Energy Agency has said nuclear generation needs to double by 2050 to hit net zero targets....
...With control of multibillion-dollar, diversified enterprises at stake, tensions can quickly flare between squabbling siblings and wives....
...But peers trade on even higher multiples of enterprise value to sales. At 2.9 times, Chewy is at almost double the forward multiple implied by the Zooplus offer....
...The business moved to a sectioned-off room on the 37th floor of Citadel’s headquarters on Dearborn Street in Chicago, separated from the rest of the hedge fund by a double height wall of sheet rock....
...Domestic rating agencies tend to be extremely generous: more than 80 per cent of nonfinancial issuers are rated double AA, according to S&P....
...Amazon Covid case, Shopify doubles salesNew York’s attorney-general has sued Amazon, claiming it failed to protect its employees adequately during the coronavirus pandemic....
...New Enterprise Associates, the venture capital firm, has hired Ann Bordetsky, a former who has held senior roles at Uber and Twitter, as a partner in Menlo Park, and Sheila Lirio Marcelo as a venture partner...
...One scoop to start: The AA, the heavily-indebted UK roadside recovery group, has agreed terms of a sale to two private equity groups, Warburg Pincus and TowerBrook....
...This is certainly true if you ignore the nearly £1bn of debt AA has expiring in January and July 2022 (whose yield to maturity’s close to double digits with more than £80m of make-whole payments attached...
...The outlook statement is confident, indicating that customer income so far in H2’20 is more than double the prior year, although heightened market volatility is expected to normalise....
...It’s a double whammy for Schneider....
...Indeed, Africa’s manufacturing sector is thought to be able to double in size and create 13m to 16m new jobs under the AfCFTA....
...It has made a feature of its background as a family-owned enterprise, which has helped to assuage some of the locals’ worries....
...WeWork prepared for the manoeuvre last month by changing from a corporation to a limited liability company, called the We Company MC LLC....
...That is why SAP is paying an enterprise value of 20 times the revenues of privately-held Qualtrics, in an $8bn deal announced on Sunday....
...● Barclays downgraded AA to “equal weight” from “overweight”, with an unchanged 150p target price....
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