Hints and tips:
...T V Narendran, the Tata Steel chief executive, said last week he did not rule out such a plant, if conditions were right....
...Take a break from the news V-necks have been verboten for as long as most of us can remember, writes Teo van den Broeke....
...Co-founder Tan Chun Chiat says Malaysia has a “golden opportunity” to exploit....
...An electric car teeters over the balcony; around the displays, there are ample opportunities to build, play and share....
...Intriguingly, Emerson is itself a lender to Blackstone via so-called “seller financing”. Blackstone will owe $2.25bn to Emerson, due in a decade. That requires interest payments in the interim....
...Blackstone has agreed to buy a majority stake in Emerson Electric’s climate technologies business in a deal that values the industrial conglomerate’s unit at $14bn and was arranged at a time when debt financing...
...Her father ran a successful construction business while her grandparents were manufacturers who, as part of an import business, introduced the electric blanket to the UK....
...As the summer wore on, Black discussed Ganieva’s demands with a private investigator from Nardello & Co, and with Epstein....
...Emerson Electric will receive $9.5bn in cash from the sale — $4.4bn of it from Blackstone and the remainder from debt sources that were arranged by the private equity firm....
...News round-up EY US to embark on $500mn cost savings after scuppering break-up plan (FT + Lex) Emerson Electric to buy NI Corp for $8.2bn to deepen automation push (Reuters) JPMorgan orders senior bankers...
...In 2002, Li invested in BYD, then a little-known maker of electric batteries....
...He cites Verne, who predicted plausible future technologies like electric submarines and the Taser when he was writing in the mid-1800s....
...News round-up PwC resigns as indebted Chinese developer Evergrande’s auditor (FT) Britishvolt collapses into administration as rescue talks fail (FT) Emerson Electric unveils hostile $7bn bid for National...
...The Abu Dhabi Investment Authority, alongside Singapore’s GIC, helped fund Blackstone’s deal to buy a stake in Emerson Electric’s climate technologies business last week in a deal that valued the unit at...
...Stock exchange rules would have prevented the miner from selling cobalt for electric vehicle batteries at mates’ rates, shareholding regardless....
...That’s the target of Valuable 500’s “Gen V” mentoring scheme, which pairs a senior executive with a young disabled employee....
...We walk down the runway of the Atlas flight test centre in Andalucía to take a closer look at the Phoenix, the vehicle made by Lilium, the German electric aircraft start-up of which Meiner is a co-founder...
...Blackstone has agreed to acquire a majority stake in Emerson Electric’s climate technologies business in a deal that values the unit at $14bn....
...Something else in short supply is lithium, a key raw material for electric car batteries....
...Last month, LoveFrom signed a deal with Exor, parent company of Ferrari, as the supercar maker works on its first electric vehicle....
...Every last detail from the frame down to the chipsets and sensors has been engineered for the smoothest, most powerful ride ever,” said Ties Carlier, VanMoof co-founder....
...GE’s split could also prompt other conglomerates such as 3M, Eaton and Emerson to simplify their portfolios, said Dray. Frank Aquila, global head of M&A at law firm Sullivan & Cromwell, agreed....
...But that is unlikely to succeed,” says Peter Hanbury, a partner at Bain & Co....
...Jack Welch, former chief executive of General Electric, said in 2013 he couldn’t understand why people thought this cruel....
...By comparison, Emerson Electric, many of whose divisions operate in similar areas in the US, trades on around 22 times earnings for similar earnings growth....
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