Hints and tips:
...Attracta Mooney: Breakthrough Energy [Ventures] has had funds for a couple of years. Is there any particular area of focus now?...
...The Movie was funded by an opaque German group of investors called Opus-R. Questions sent to them by the Financial Times were not responded to....
...CD&R declined to comment....
...Things I am enjoying this week My colleague Attracta Mooney has written an excellent Big Read on one of the other main blockages to clean energy expansion: grid connections....
...“The CEO is understandably impatient for success but the nature of pharma R&D means it takes a long time to turn such a business around, particularly given the paucity of the legacy she inherited,” the shareholder...
...“Generally speaking, if you are a pharmaceutical company, R&D [research and development] and regulatory engagement are in charge and everyone orbits around them....
...R&D has long been a feature in the food industry, with tastes, smells and textures carefully analysed and developed....
The fierce backlash from US state funds over Ben & Jerry’s boycott underscores diverging demands from shareholders
...“But I think Paul R Williams designed for people. He put his ego to one side, he listened.”...
...CD&R has until August 9 to launch a counter-offer or withdraw its interest in the UK’s fourth-largest grocer....
...CD&R’s rejected offer was pitched at a higher multiple of profits than the sale of Asda, he added....
...UDG’s board last month announced it had agreed a £10.23 offer with CD&R....
...However, the grocer has rejected CD&R’s bid. Under UK takeover rules, the buyout group has until July 17 to make a firm offer for the grocer or walk away....
..., Bethan Staton Letter in response to this article: Ditch social mobility for schools that nurture talent / From Maureen R Maddock, Fulford, North Yorkshire, UK...
...CD&R is expected to push ahead with its bid for Morrison’s this week despite its £8.7bn offer being rejected and criticism from top 10 shareholder Legal and General Investment Management....
...out at Clayton, Dubilier & Rice’s bid for Wm Morrisons, the supermarket chain, while M&G Investments and Allianz Global Investors last month criticised plans to sell FTSE 250-listed UDG Healthcare to CD&R....
...FT Reporters: Peter Foster, Sarah Neville, Bethan Staton, Jane Croft, Sebastian Payne, Laura Hughes, Mure Dickie, Helen Warrell, Clive Cookson, Philip Georgiadis, Judith Evans, Robert Wright....
...“When she first came in, she hired some very good people around her, the ex-HSBC chief financial officer, a new head of pharma, a new head of R&D....
First FTSE 100 company to offer shareholders recurrent say on efforts to address global warming
...Those with the real R&D muscle, the amount of investment that’s going in. A colleague, Judith Evans, and I sat in on a tasting with Nestlé, who had an array of things to let us taste....
...Additional reporting by Attracta Mooney...
...Additional reporting by Attracta Mooney in London...
...Private equity firms are scouring the UK’s Brexit-battered stock market for targets, announcing takeover approaches at the fastest pace since 1999, DD’s Kaye Wiggins and the FT’s Attracta Mooney and Gill...
...On Sunday, Soriot’s friend José Baselga, AstraZeneca’s head of oncology R&D, died in Spain....
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