Hints and tips:
...Here, favourite Florentine bakers S.forno (themselves a spinoff of favourite restaurant Il Santo Bevitore) have advised on Alimentari, the café-food shop, so everything looks, and tastes, divine....
...Stay: A Quinta da Auga, in nearby Santiago de Compostela – a lovely converted 18th-century paper mill that’s been earning its Relais & Châteaux status for almost two decades....
...at Puerto’s Comunidad Ecológica Punta de Zicatela....
...Point72 Asset Management has hired Matthew Karchmer as a portfolio manager covering the consumer sector. He was previously at DE Shaw & Co....
...Only 54 per cent of shares were represented at the meeting, guaranteeing L1’s victory....
...Fever-Tree works closely with Spain’s Grupo Damm, the maker of Estrella Damm, in the Spanish market....
...Then, as sales fell and its financial problems mounted in October, Mr Fridman began warring with Dia’s management, withdrawing L1’s representatives on the board in protest at a turnround plan....
...● Evraz was the FTSE 100’s sharpest faller after Roman Abramovich and his business partners sold 1.8 per cent of the Russian steelmaker at 595p apiece, a 5 per cent discount to the market....
...The regulatory approval represents an important milestone in the process, announced last year, to launch a cash tender offer for Delta’s acquisition for up to 49 percent of Grupo Aeromexico S.A.B. de C.V...
.... $100 invested in the bank at the beginning of the year would have returned $103.92 by the end of 2014, with dividends reinvested, compared to $113.68 for the S&P index and $115.18 for the financials subsector...
...The guard is also changing at De La Rue, a bank note printer whose turnaround hasn’t panned out to plan....
...Gas Natural, the Spanish energy group, has launched a €2.6bn takeover bid for Compañía General de Electricidad (CGE), the Chilean power company....
...Overall, US equities remained on a modest upward march. The S&P 500 rose 0.1 per cent to 1,974.62....
...MSCI Emerging Market Index up +0.24% at 1,030 Europe FTSE down +0.30% at 6,865 RTS up +2.24% at 1,325 Warsaw Wig up +0.11% at 52,122 FTSE 300 Eurotop up +0.31% at 1,382 Americas DJIA up +0.11% at 16,717 S&...
...election mode (The Hindu) Why Puerto Rico’s bonds are moving to New York (Reuters) ** Markets: mixed ** Emerging Markets MSCI Emerging Market Index up +0.56% at 964.51 Americas DJIA down -0.22% at 16,360 S&...
...AB InBev is highly acquisitive and is paying down the debt incurred by 2012’s $20bn takeover of Mexico’s Grupo Modelo, freeing it up to mastermind another deal....
...The rest of the markets were higher in a holiday-shortened week. The S&P 500 index of large-cap stocks rose 0.7 per cent to 1,530.94 with nine of 10 main sectors trading in positive territory....
...Department of Justice are moving them closer to a settlement over the brewer’s planned purchase of Mexico’s Grupo Modelo, said two sources familiar with the matter. http://reut.rs/Wf7wZd Yum Brands tightens...
...Brazilian judge has dropped criminal charges against Chevron and Transoceanfor an oil spill off the coast of Rio de Janeiro in 2011, offering reassurance to foreign investors in the industry. http://on.ft.com...
...Indeed, the S&P 500 US equity index rose 0.8 per cent to finish within two points of the record closing high of 1,565.15 it set in October 2007....
...helping restrict the FTSE Eurofirst 300’s gains to 0.1 per cent....
...AB InBev’s planned $20.1bn deal to take the full control of Grupo Modelo, the Mexican brewer in which it already has a 50 per cent stake, is expected to be completed in the first quarter of 2013....
...Mr Vicente says he was unaware that his investment company, Grupo Aquattro Internacional, had a stake in Nazaki. Aquattro pulled out of Nazaki after he realised this, he says....
...By contrast AB InBev, a master at this sort of thing, offered savings equivalent to 30 per cent of its target’s ebitda when it recently bought Grupo Modelo in a similar deal....
...This month, Groupama sold its Spanish unit to Grupo Catalana Occidente and property and casualty assets of its Gan Eurocourtage brokerage business to Germany’s Allianz, after Caisse des Dépôts et Consignations...
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