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...But the path to an eventual exit finally appears to be in sight with the announcement this week that Douglas plans to raise €1.1bn in an initial public offering on the Frankfurt stock exchange by the end...
...After five years of ownership, CVC still owned Douglas when the pandemic hit....
...There are also some signs that the traditional initial public offering exit route is making a comeback....
...CVC will also become the latest private equity group to go public, following US peers including Blackstone, KKR & Co and Apollo Global Management as well as European rivals EQT and Bridgepoint....
...The resulting silhouette was very public-schoolboy-at-chapel, but make it chic — think of Felix Catton from Saltburn, had he survived until winter....
...It was a rare public acknowledgment of their plight in a country where criticism of the state has been criminalised and protests are prohibited....
...Germany beauty retailer Douglas, owned by CVC, is aiming to raise €1.1bn on the Frankfurt stock exchange and is seeking a valuation of €6bn....
...That public announcement was a follow-up on a private warning by Washington and other western capitals to Moscow....
...“Not since the end of the 1980s has Hungary allowed the secret services to systematically target politics and public discourse in this way,” said Márta Pardavi, co-chair of the Hungarian Helsinki Committee...
...Ian Douglas took his own life the day before his 60th birthday in February 2019....
...Now the so-called axis of resistance led by Iran, posing as the “real” defender of the Palestinians, has reclaimed the narrative....
...Chart du jour: Crunch time The cost of emitting CO₂ in Europe has crashed over the past year, sowing the seeds of a future carbon crunch....
...Marshall’s supporters say his Arc address set out his position as defender of the free market, and point to his 38 per cent stake in GB News and ownership of digital media group UnHerd as commitments to...
...Gretchen Whitmer, Michigan’s Democratic governor who was re-elected in 2022, is a co-chair of Biden’s re-election campaign and has been among his loudest defenders in the state....
...Identity politics involves “discourses that tap into public xenophobia”....
...“Guatemala is suffering the blows of political groups that have co-opted institutions,” Jonathan Menkos, Arévalo’s chosen finance minister, told the Financial Times....
...But Elliott’s latest public offer remains well short of where analysts say it needs to be for Currys to engage....
...UBS has named Jeff Hinton as global co-head of M&A. He joined last year from Barclays as co-head of M&A for the Americas....
...After Trump lost to Joe Biden in the 2020 presidential election, Navarro remained a loyal public defender of the former president, even as Trump alleged the contest had been rigged against him and tried...
...The slump was so deep that the Manchester United defender became the butt of a joke during a budget debate in Ghana....
...He promised to rebuild trust with regulators, airlines and the flying public, and to bring in greater transparency. Boeing’s engineering and safety processes would be strengthened....
...One human rights organisation director, James Lynch, the co-founder of FairSquare, said his visa application for travel to the UAE to attend COP28 was rejected....
...It has commissioned research for eurosceptic Tory MPs and co-ordinated their operations. Francois is a leading operator within the five families....
...Other substantial sellers at the bank include commercial banking boss Douglas Petno, who has sold $34mn, and co-head of consumer banking Marianne Lake, who has sold $29mn....
...Tackling climate change is a quintessentially cross-border challenge, requiring co-operation among national governments of various political persuasions....
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