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...Private-equity owned Douglas had priced its 32.7mn new shares at €26 at the bottom of the price range, while the first market price on Thursday morning was announced at €25.50....
...He has a point: his extreme slicked-back style helped define Gekko in Wall Street, as did the tightly wound antihero’s crew cut in Falling Down....
...The valuation doesn’t seem like a stretch, the shareholders are putting in more money to bring down leverage, and the banks are offering balance sheet and have the firepower to stabilise....
...CVC hopes that a stronger balance sheet, along with the prospect of strong top-line growth and dividends, will later open the door to sell down its remaining stake....
...First, private equity firms must bring leverage down to levels palatable to public market investors before they can consider exiting via the stock exchange....
...“Just as a very limited number of stocks were responsible for the majority of gains in the MSCI USA, drawdowns in the top 10 [stocks] could pull equity markets down with them,” the bank added....
...The Düsseldorf-based company previously said that it would use the IPO’s proceeds to bring down its debt....
...Goldman Sachs board member Jessica Uhl will step down after taking on a new role as the president of GE Vernova....
...Douglas Webster and Douglas Mitchell were particularly grateful in 1929 for the whisky someone had left behind at Corrour, which they used for hot toddies to wash down their “hoosh” (Antarctic survival stew...
...Those strengths are not necessarily reflected in the performance of German beauty retailer Douglas, which is down more than a tenth since its March initial public offering....
...The European IPO window is inching open with some difficulty, if the slump of Germany’s Douglas on its stock market return is any indication....
...The complicated equation of managing down fossil fuels while ramping up renewables has raised concerns across the north-east....
...She is in a relationship with a British policeman, Tom Wilkin (Douglas Booth), whose job involves tracking down members of the Jewish militant organisation Irgun, headed by poet Avraham Stern....
...German beauty retailer Douglas staged an initial public offering in March, though its shares have not fared well since....
...Shares in German beauty retailer Douglas fell as much as 9 per cent in their Frankfurt debut last month....
...At first minister’s questions at Holyrood on Thursday, Douglas Ross, leader of the Scottish Conservatives, cited Matheson’s resignation as evidence of Yousaf’s poor leadership....
...The median sales price for a Manhattan apartment was $1.15mn in the fourth quarter, according to real estate agency Douglas Elliman....
...Unusually, the latter backed down and made changes to its agreement. Read more. Another sector with its fair share of regulatory woes is UK consumer finance....
...Arm shares, despite ups and downs, are trading well above the listing price....
.../ From Douglas Mueller, Pacific Grove, CA, US...
...Shares in listed realty companies such as Zillow, Redfin and Compass are down more than 12 per cent since Thursday....
...For many, it’s not just the mortgage rate that needs to come down....
...“Women tend to be, myself included, more hesitant around challenges or new opportunities, and it really comes down to fear of failure,” she said in 2017....
...The case in point here is Boeing, which was allowed to purchase the only other US domestic producer of commercial aircraft, McDonnell Douglas, in 1997....
...The next morning, Morne’s equally charming son, Douglas, leads us through the heat to a cave beside a spring where he swam as a boy....
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