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...The deal highlights private equity’s continuing interest in high-street food chains despite a mixed record in the space....
...Wood, one of Wall Street’s best known investors, is known for her punchy bets on fast-growing companies in sectors from robotics to space exploration....
...In the US, Galleri tests are sold as “laboratory-developed” because they have not yet been approved by the US Food and Drug Administration....
...Sidley AustinO: 6; L: 7; I: 7; Total: 20The firm acted for fast food group Yum China to prevent it being delisted in the US following new rules on audits....
...In September, the FT revealed that the iPhone maker plans to nearly double the workforce in its fast-growing digital advertising business....
...We dropped our bags at Riad Mena, the beautiful seven-bedroom hotel that was to be our base, and immediately headed out for a food tour of the medina....
...Fast-forward to the present: Albertsons is controlled by Cerberus and about to sell the company to rival Kroger for nearly $25bn....
...Hammered by fast rising interest rates and tumbling tech stocks that benefited from the Coronavirus pandemic, the firm’s press-shy billionaire founder, Chase Coleman, has overhauled one of the world’s largest...
...“The focus was on being fast and making money,” Nazar Yasin, a former executive at Tiger Global, told Miles. When Tiger Global wins, it wins big....
...So has customer performance, with Amazon and others competing to deliver dog food to doorsteps....
...Chinese food delivery group Meituan has to swallow a Rmb3.4bn ($530m) fine after being found guilty of monopolistic practices....
...They are now seeking to invest directly in fast-growing companies, particularly in the technology sector, that are staying private for longer and can already be richly valued before they float....
...In hot areas such as food delivery, Tiger Global has placed bets on competing companies, a practice that traditional venture investors typically shun....
...Job moves Simon Wolfson, the chief executive of fashion chain Next, joined the board of Deliveroo as a non-executive director as the food delivery app gears up for an expected IPO. More here....
...He explains how the fast-food chain pushed its combination of comfort food with minimal contact to rebound this year....
...Is a Harvard MBA the best training to run a fast food joint?...
...But the start-up is unusually discreet for a new player in a fast-growing industry favoured by venture capitalists....
...One Harvard Business School duo started their fast-food venture while still students in 2014 and landed a nine-figure payday just a few years later....
...divest its stakes in UK fashion retailer New Look and frozen foods group Iceland....
...“They will not necessarily discover the new penicillin, but they could make hundreds of millions of dollars a year and scale fast,” he says. “Feinberg is the right man for that job.”...
...Cobham’s pioneering air-to-air refuelling technology is used on all western fast jets and is regarded by many as a national strategic asset that shouldn’t easily be handed over to a foreign buyer....
...However, India’s fast-growing business community and the millions of coffee lovers who frequented his outlets would say otherwise. Read Siddhartha’s full obituary here....
...But they are learning fast and developing a risk-on style that marks them out as a class apart among the rich....
...Wandering around Paris, he sees cafés gone or enchained, restaurants converted to fast food, Science Po offering 60 per cent of its courses in English and his alma mater, the Sorbonne, full of academics...
...Keystone, based in Pennsylvania, provides products like chicken, beef, fish and pork to major fast food and fast casual chains....
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