Hints and tips:
...Expectations that the US Federal Reserve will soon start cutting interest rates from two-decade highs have raised hopes among dealmakers for an M&A recovery....
...There's the union v independence tactical voting, and then there's the anti-Tory tactical voting. And the two do not necessarily align. So the question is, what is the emotion, which is......
...“I’m comfortable. I don’t think I’m too old-fashioned. I’m more in the trend of the time.” Bang on....
...Hiring a team of advisers is in many ways more like M&A than conventional recruitment....
...“I’m always in motion,” says the 42-year-old New Jersey native hitherto mostly known for an eye-wateringly expensive divorce. “I can’t sit still. I’m compulsive, and I love fashion....
...(Lilah laughs) It’s like Act V, Macbeth, and nothing good happens in Act V of Macbeth....
...I’m staying on the fintech and banking beat, and I look forward to chatting and hopefully meeting lots of you in the new year....
...I’m with Midwest Access Coalition....
...So, yes, I’m absolutely, as are most of the businesses I speak to, worried about the cost of living crisis almost above everything. Sebastian PayneIs that possible, though, Cat?...
...“I’m not moving. I’m not gonna be quiet!” His voice was growing hoarse. Tears ran down his face....
...Evidently, he’d missed the latest keystrokes of M&G bond fund manager Richard Woolnough. He’s decided to turn ‘Caps lock’ off and predict a lower case ‘t’....
...I’m sure there are other possibilities too. I have no intelligence on which is the likeliest of these options, I’m afraid. Like I said, it’s complicated....
...I’m the only guest. Sam’s in his late forties, maybe early fifties, heavyset, wearing a tie-dye shirt and an elasticated skirt — for the heat, he says, which is oppressive....
...But I’m going to go out on a limb here and say that I’m feeling more optimistic than I ever have that Trump will lose not only the popular vote, but also the election — quite possibly by a landslide....
...Given H&M had a higher customer density than peers pre-COVID (higher than Primark), social distancing could be more challenging for H&M....
...We estimate it will have €1.3bn available for M&A by 2022 if it levers its balance sheet to its cap of 2.0x net debt/EBITDA....
...Similarly we expect M&A (acquisitions) to be on the back burner for now, no bad thing given again we see few assets that fit with Sukari....
...Much further down the market, there’s M&AAA....
...FT commenter Cap: China and Iran were under a considerable amount of stress even before the Covid crisis — economically and politically....
...In recent weeks Next has been trading on its biggest ever valuation premium to both Kingfisher and M&S....
...And GTA V’s publisher Rockstar has a history of delaying titles in the name of quality; GTA V, Red Dead Redemption, RDR2, Max Payne and L.A. Noire were all delayed....
....£300mn on stores and £340mn overall, 7% and 8% of market cap. For Tesco, this would be £0.9bn to £1bn, 4-5% of market cap....
...AstraZeneca’s M&A team probably has an entire alphabet of deal codenames on the go at the moment. In that context, was serious contact made to Gilead? Yeah, probably....
...“I don’t think it’s a V-recovery,” he says. “An elongated U is perfectly possible. I’m a conservative. I plan for the worst and hope for better....
...At the end of the day, I’m a banker and not an economist or a politician.”...
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