Hints and tips:
...I’m not talking about real dollars, meaning dollars adjusted for inflation....
...“Banks are nervous to underwrite single-B credit with M&A timelines which could be six months of holding the risk,” said Lauren Basmadjian, co-head of liquid credit at Carlyle....
...At Goldman Sachs, Brian Haufrect, co-head of M&A in the Americas, is a seasoned adviser to energy groups including Occidental Petroleum, ConocoPhillips and Shell....
...“I’m just going to go to lawyers . . . I’m dying to talk to other people about it. I’m dying to talk to the press.”...
...Supermarkets and “variety discounters” such as B&M and Home Bargains have been undercutting it on staples such as deodorant, shaving products and toiletries, while online rivals and department stores are...
...(FT) The real M.B.Z Mohammed bin Zayed, the leader of the United Arab Emirates, lurks behind the scenes but is arguably one of the most powerful figures in the Arab world....
...But I’m also beginning to wonder whether it might be crucial, not only to restoring competition in the US, but to saving trust in liberal democracy throughout the world....
...I think that B assets are getting priced like A assets and A assets are getting priced like A+ assets,” he says....
...Causeway Capital Management LLC, the LA hedge fund, has declared 4.88 per cent of Micro Focus....
...In the case of the single B sector, the absence of EM&M entails a tightening of 50bp since triple C and single B traded at their narrowest spread in late-April....
...But I’m not looking back. I’m looking forward. I’ve got a lot more things to do. I don’t see my career as over by any means.”...
...No, I’m serious,” she insists, as I smile. “I’m really good at translating between engineers, technical people and non-technical people, who sometimes don’t understand each other.”...
...Its B shares carry 10 votes for every class-A vote....
...“#WAR” tweeted Joel B Pollak, editor of Breitbart....
...So I want to be able to read that B from across the street.”...
...The press release noted debt financing would come from Goldman Sachs Bank USA and Goldman Sachs Lending Partners LLC. The bank also provided M&A advice to Thermo Fisher....
...On that basis, 40 per cent of the US production and oilfield services companies it covers are rated B-minus or below. “B-minus is a very weak rating,” says Thomas Watters of S&P....
...JAB Cosmetics — which owns all of Coty’s Class B common stock, representing about 97 per cent of votes — has approved the deal and agreed to convert its shares into Class A common stock....
...“It’s G… L… O… B… O… the company you’re after? We used to have a partnership with them, buts it’s not active”....
...He once rapped: “I’m not a businessman, I’m a business, man.”...
...b) Stock Reservation....
...Retailers such as 99p Stores and Pound World “have been a bit of a thorn in their side”, while Poundland could also be “a bit overshadowed by B & M”, the discount retailer chaired by Sir Terry Leahy, which...
...Poundland’s float could pitch it head-to-head against B&M, the discount retailer chaired by former Tesco chief executive Sir Terry Leahy, which is also considering a listing, less than a year after it sold...
...The strong demand for a majority stake in B&M, a rival value chain that was put up for sale last year, makes an auction more likely than a float, the people said....
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