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...JDE Peet’s raised €2.25bn in May 2020 from a listing of its shares in Amsterdam at a price of €31.50....
...But IP doesn’t have the same importance to an oil & gas exploration company as it would to a brand like J Crew, so other assets might be available for transfer. 2) Contracts often prevent transfers of IP...
...Operating profit for the year rose 9.2 per cent to €8.14bn....
...These were down 6.2 per cent in the quarter on a like for like basis, against consensus expectations of 7.3 per cent growth, a big miss. The rest of its markets have been broadly fine....
...It posted a 6.8 per cent rise in retail sales, excluding fuel, to £30.6bn for the year to March 2....
...J Sainsbury, the UK’s second-largest supermarket chain, said it expected to deliver profit growth this year despite a drop in earnings for the year just ended as it seeks to lure more shoppers to its stores...
...Asda plans to raise more than £2.6bn to refinance a chunk of its debt, after the UK supermarket unveiled results which showed adjusted profits jumped by roughly a quarter last year....
...F1’s operating profit rose by 64 per cent to $392mn in 2023 from a year earlier, as revenues jumped to $3.2bn from $2.5bn....
...Germany’s Dax and France’s Cac 40 both shed 0.2 per cent, while London’s FTSE 100 fell 0.3 per cent....
...Growth was slowest in L’Oréal’s luxury division, which improved 3.2 per cent....
...The company’s shares were down more than 2 per cent in morning trading in London....
...In the decade since, however, it nearly doubled, rising from 2,700 to 4,300. Additions to its fourth department — which handles counter-intelligence and cyber — have been particularly large....
...EQT-owned dermacare specialist Galderma, which on Wednesday announced its intention to raise $2.3bn, will find out....
...April 15-21, Via Guglielmo Pepe 16 L’Appartamento by Artemest Last year, Italian online furniture platform Artemest debuted L’Appartamento, an installation in a 1930s apartment that saw them ask six interior...
...Having started life as a joint venture between Nestlé and L’Oréal, Galderma was acquired by a consortium led by Swedish private equity group EQT in a $10bn deal in 2019....
...French luxury group Kering’s€3.5bn acquisition of fragrance brand Creed fetched a multiple of about 23 times ebitda, while L’Oréal snapped up Aesop — the minimalist maker of high-end soaps — in a $2.5bn...
...GP & J Baker x Kit Kemp Design Studio Designer and hotelier Kit Kemp’s first collaboration with British fabric and wallpaper house GP & J Baker transmutes her eclectic style into colour-saturated prints...
...From bedding cut from white cotton sateen (from €1,200) and blankets (€2,800) to a pure cashmere bathrobe (€2,500) inspired by his belted trench coat, Browne has stuck to a very classic sensibility, defined...
...J L Fynaut London N10, UK...
...Puig is small compared with sector-leading peers L’Oréal and Estée Lauder, but has grown rapidly through acquisitions in the past decade, striking 11 deals in the past 12 years....
...The solution to these problems is, at trick 2, to duck J♣ lead....
...East should probably double this bid, asking for a club lead but, when he failed to do so, West opted for 2♥ instead....
...Market Rotates on Fed Rate Cut ExpectationsIn the last 2 months of 2023, the number of expected rate cuts increased from 3 to 7. It has since fallen to 4½....
...At trick four, he played 2♦ and, when West followed low, he inserted 8♦ from dummy, drawing A♦ from East....
...BUY: Premier Foods (PFD) The company will cut more prices in the fourth quarter after its total market share gains rose by more than 1.2 per cent, writes Christopher Akers....
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