Hints and tips:
...In 2009, like countless other private-equity hopefuls scouting for deals, 3G Capital’s partner Daniel Schwartz screened a bunch of undervalued companies. He came across Burger King....
...The company spent billions of dollars acquiring truck-stop operator Pilot Flying J and insurance conglomerate Alleghany in recent years, adding them to a portfolio that includes ice cream purveyor Dairy...
...It’s a huge price for a company that was trading at half the buyout value prior to the auction and bidding war that kicked off in late summer....
...S&P said its ESG credit indicators were not sustainability ratings or a standalone assessment of a company’s ESG performance....
...At Home was probably the most high profile example — see the posts from Max Frumes, law firm King & Spalding, and Reorg Research — but it isn’t the only company that’s let new lenders “double dip” this year...
...“They’ve been burning cash throughout the last year or so,” said Oliver Vande Stouwe, an analyst at S&P....
...It’s 11am on a Friday and the busiest counter in Space NK’s King’s Cross store in central London is Rare Beauty, the make-up line from singer Selena Gomez....
...The twist is that both are now in the same stable: Frieze’s parent company, Endeavor, acquired the Manhattan fair from real estate company Vornado for $24.4mn in July....
...A successful listing would focus J&J on its pharmaceutical and medical-device business. The company is just one of a number of legacy US giants engaged in streamlining....
...I’ve recently become obsessed with the auction app LiveAuctioneers, which shows you designer pieces from auctions around the world....
...A renewed auction is heating up and KKR is among the bidders for Simon & Schuster, the 99-year-old publisher that is home to best-selling writers such as Colleen Hoover and Stephen King....
...Even BlackRock chief executive Larry Fink, a contender for the title “King of Wall Street”, has said that securities tokenisation will herald the “next generation” for markets. So what is it?...
...But Doug King, chief investment officer at RCMA Asset Management, said he was not convinced the rally would take the price much higher....
...RBI’s 33 per cent ebitda margin is a third less than McDonald’s, according to S&P Global Market Intelligence....
...The UAE connection While Portuguese authorities have not fully detailed the allegations against Pereira, rating agency S&P this week wrote that it understood Altice’s suppliers “may have been forced to...
...For the first time the figure includes the results of truck stop business Pilot Flying J, which Berkshire took majority control of in January....
...UK financial regulator Ofwat is closely monitoring the financial health of Thames Water and Southern Water, among others, while S&P Global has negative outlooks for two-thirds of the water companies it rates...
...Reynolds painted Mai, his Polynesian name, after the Pacific islander voyaged to Britain in 1774 and was presented to King George III on his arrival....
...For example: if Generic Greek God Capital is buying Widgetmaker Inc, 70 per cent of the equity it ponies up might come from one of its LBO funds....
...and J Crew....
...Analysts had expected a slight uptick in revenues in the quarter, according to consensus collected by S&P Capital IQ....
...Much more will be at stake than winning a cricket match on Friday, when Indian all-rounder Hardik Pandya and his Gujarat Titans take on the Chennai Super Kings — whose star players include England’s Ben...
...This just hit BusinessWire: WeWork Inc....
...The immoderate noshing stands in stark contrast to predecessor J Patrick Doyle (CEO 2010-18), whose personal pizza tabs were far lower....
...The deal would have spanned authors ranging from EL James and Stephen King to George Orwell and F Scott Fitzgerald....
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