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...Mark Bristow, one of the mining industry’s most prolific dealmakers, has warned that M&A will do nothing to grow the supply of copper that the world needs to go green, as sector leader BHP pursues a £31bn...
...I’m really proud of it. But now I’m done with that. I want to sell it and I’m looking for a buyer. So how does this process work with a typical M&A deal? Sujeet Indap Sure....
...“I’m not your mum,” she said. “I only care about results.” Qu also said she was so devoted to Baidu that she was unaware of her son’s class year at school....
...“I’m on Floor 27!” people shout, or “I’m in the lift at the back!” Kat said. “The penny usually drops when I ask them their postcode.”...
...“I’m not your mum,” she said. “I only care about results.” Her comments revived concerns about working conditions at Chinese tech groups....
...Shares in fast-fashion retailer H&M jumped more than 13 per cent in early trading after the company reported rising operating profits in its first quarter, signalling that it is on track to increase profitability...
...“Like I’m some sort of god painting the universe, but really I’m much more a technician trying to go, ‘Goodness me, how are we going to do this?’ as David piles problems at my doorstep.”...
...Investment manager M&G has reported a 28 per cent rise in profits for 2023, in the first annual results for chief executive Andrea Rossi, who has pledged to transform the company....
From Stephen Butcher, Hambleton, Rutland, UK
...M&G’s share price rose by about 2 per cent in morning trading....
...I’m not sure what, exactly, is being asked of us, but I’m willing to go with the flow....
...The number of outward M&A deals was also down from the previous quarter and the smallest since the last three months of 2020....
Smol bean bag
...M&A activity in the sector, while inevitably subject to heavy regulatory oversight, is ratcheting up....
...Council fined the Big Four firm for failing to meet audit requirements during its review of M&C Saatchi’s accounts for the year to December 2018....
...H&M has appointed Daniel Ervér as new chief executive of the group, succeeding Helena Helmersson. Ervér has been with H&M for 18 years, most recently as the head of the H&M brand....
...M&S’s contract with HSBC, which owns M&S Bank, is up for renewal. M&S is likely to push for more control and a bigger cut of the spoils....
...Disclosure of accounting errors had forced M&C Saatchi to adjust its reported profits for 2018 and previous years....
...I’m befriended by a local man, Serafim. When he hears that I’m a writer he takes me under his wing....
...Here’s more on the regions driving a nascent recovery in the M&A market....
...The overall value of global M&A climbed 30 per cent to $690bn, the data showed, even as the total number of deals announced fell 31 per cent.The rebound in dealmaking comes after M&A activity plunged to...
...It’s wealth porn, and I’m addicted to it — largely because, in my experience, most rich people have appalling taste....
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