Hints and tips:
...Baker Tilly secured a $1bn investment led by H&F in February....
...Peltz is a veteran of successful proxy battles at Procter & Gamble and Heinz, as well as an aborted one for Disney last year....
...Chris Rossbach, a fund manager at J Stern & Co, said it had voted in favour of Disney’s board recommendations....
...Berkshire Hathaway Energy chief executive Gregory Abel and Susan Mulder, head of apparel company Nic & Zoe, will step down from Kraft Heinz’s board of directors at its annual meeting later this year, the...
...(For the uninitiated, between the aughts and coronavirus pandemic, Brother Jimmy’s, or Bro J’s, was a go to hangout for twenty-something finance bros, including Rashid.)...
...BMG has built an eclectic catalogue of artists since it sold its original business to Sony, including Iron Maiden, Boy George and Alt-J....
...Veteran investor J Christopher Flowers reckons that insurers “will get whacked” on the private credit that they have bought — and that this may pose a systemic risk....
...Schumacher previously worked at Heinz, where Peltz was also an activist investor....
...of successful deals highlighted by the takeover of beverage company Snapple....
...Kraft Heinz CEO Miguel Patricio is stepping down at the end of the year. He’ll be succeeded by North America head Carlos Abrams-Rivera....
...You can’t kill these innovative companies.”...
...A growing list of companies are exploring a shift, including the likes of CRH and Flutter, underscoring the UK’s difficulty in attracting and retaining companies....
...of the world’s largest private capital groups, which had made its name as a canny value and distressed asset investor in the 1990s, turning round busted airlines, banks, and the likes of Burger King and J...
...That was the case for Peltz’s first boardroom tussle against HJ Heinz in 2006....
...Key economic and company reports Here is a more complete list of what to expect in terms of company reports and economic data this week....
...Peltz has made a lot of money for supporters, notably at Procter & Gamble and Heinz. But Iger is hugely respected beyond the US entertainment industry....
...Microsoft is not alone in seeking partnerships with companies in the space....
...A tweet from J Sainsbury on Friday highlighted promotional pricing on Heinz tomato ketchup with the words “Out of ketchup? Not at Sainsbury’s....
...Bank of America published this half-serious chart last month (h/t Brent Donnelly): The whole sector is wobbling. Kraken, a major exchange, laid off 30 per cent of staff on Wednesday....
...But Tesco, whose market share is 10 percentage points ahead of second-placed J Sainsbury, has never been afraid to use its scale even if that meant products being withdrawn....
...It was once nicknamed the ex-presidents club, because it had counted George H.W Bush and John Major as advisers....
...But it also hosts concerts and events, and this October “A-Wing”, where Troubles inmates were housed, will open its doors as a working distillery reviving J&J McConnell’s Irish Whisky, founded in 1776....
...When H&F and Permira eventually announced their $10.2bn acquisition of the software company in June, the press release did not name any of the Wall Street banks that would usually provide the bridge loans...
...The immoderate noshing stands in stark contrast to predecessor J Patrick Doyle (CEO 2010-18), whose personal pizza tabs were far lower....
...The US activist investor earned his stripes at food groups Heinz and Mondelez and, most pertinently, at Unilever’s big US peer Procter & Gamble....
International Edition