Hints and tips:
...That thinking should apply to strategic buyers too except that, rather than sitting on dry powder, they may be suffering a downturn of their own. The solution?...
...But Vista held Finastra in an older fund with little dry powder, forcing it to rely on financial engineering....
...Alphabet has a cash and marketable securities balance of $134bn and about $15bn in long-term debt, so it is in no danger of running dry....
...) US banks set for big hit to revenues as dealmaking dries up (FT + Lex) Axa shareholders urged to vote against CEO’s new pay packet (FT)...
...As an alternative, the fund suggests splitting the company into a maker of dirty fossil fuels and a cleaner downstream business. Precedents for splits in the energy sector exist....
...Lex recommends the FT’s Due Diligence newsletter, a curated briefing on the world of mergers and acquisitions. Click here to sign up....
...Here’s what both men say happened: Wruck, a managing director of the chemical plant cleaner Ice Field Dry Ice Engineering, had intended to use Wöhrmann’s funds to secure him the same deal on the sports car...
...European majors are scrambling to reinvent themselves in preparation for a global energy transition to cleaner fuels, as pressure mounts from investors and environmentalists to take responsibility for their...
...Under its current chief Darren Woods, the company plans to grow its fossil fuel output by nearly a third in the next four years, wagering a huge bet on future oil demand as its competition transitions into cleaner...
...Lex says some People’s Liberation Army generals possibly use its electric toothbrushes. 3....
...Lex has crunched the numbers here....
...Once again, cinemas were left high and dry....
...Few, except for private equity with its mountains of “dry powder”, were thinking about acquisitions. But it was nothing a bit of financial stimulus couldn’t fix....
...When it was created, Google’s founders claimed Alphabet’s structure would make things “cleaner”....
...A story in charts: dealmakers’ Dry January It looks like global dealmakers have had to suffer through their own version of Dry January this year with very few deals to whet the appetite....
...Now it’s the Chicago Tribune’s turn to face “the hedge fund vampire that bleeds newspapers dry”....
...If you’d like to dig down into the deal’s financial engineering, Lex has the full details here....
...We’ve been telling DD readers for a while that private equity firms have built record amounts of “dry powder” to take advantage of the bustling dealmaking environment, but getting large deals over the finishing...
...Talk about a dry January. Actually, Fuller Smith & Turner earns most of its coin from its pubs and restaurants, aiming at the premium end of the market....
...Hamasaku isn’t easy to find, pushed back off the street in a slightly shabby shopping precinct (Angelenos call them “strip malls”), wedged next to a dry cleaner and coffee shop — and underneath a place that...
...Tesla Q1 2018 - “These questions are so dry....
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...Email the Lex team at lex@ft.com...
...iRobot Roomba 880 (4/5) It was iRobot that helped introduce robots to consumers with its Roomba line of floor cleaners, and the new Roomba 880 showcases the company’s technology design expertise....
...When asked how many of his friends worked in the casino industry, el-Amin says: “There’s a cousin who works at Ameristar [another hotel casino] as a house-keeper” – meaning a cleaner....
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