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...Is the younger Douglas particularly religious? “I’m not, but I’m proud to be a member of the tribe. My mother was Episcopalian and as I grew up, I wasn’t considered a Jew....
...“I’m not sure a strong currency is going to prevent someone from buying an Nvidia chip or using Amazon [but] we would probably see an impact in the midsection of the S&P 500.”...
...In 2024. hell for private equity firms is a clogged IPO market and a backdrop of dormant M&A interest. They have been trapped with a “towering backlog” of an estimated $3tn of assets to sell....
...“I’m very happy with them.” This article has been amended since publication to clarify that the valuation Douglas is seeking includes debt...
...Susannah Streeter, head of money and markets at Hargreaves Lansdown, said M&S’s “bread-and-butter customers” had “higher disposable incomes, which is partly why the chain is showing such resilience”....
...“I’m quite happy about it and I [shall] go on working for as long as I want to.”...
...US chocolate group Hershey caused a stir when it brought basketball star Shaquille O’Neal on to the stage to announce a partnership for its gummy sweets....
...“The relentless M&A and the de-equitisation, the lack of refilling the hopper is starting to bite quite hard,” he said. “I’m not convinced the IPO market is going to open soon.”...
...Neal patience | Home secretary James Cleverly took the unprecedented step of sacking David Neal, the UK’s chief inspector of borders and immigration, following a string of press interviews that were highly...
...I’m Sonja Hutson, and here’s the news you need to start your day. [MUSIC PLAYING] Shareholders dealt Thames Water another major blow yesterday....
...White & Case has hired Keith Hallam as an M&A partner in New York. He was previously a longtime partner at Cravath....
...Dear reader, After a week off, I’m catching up on the Lex column’s output myself. And there is plenty to chew over....
...Neal Brooks, M&G’s global head of product and distribution, said declining retail investor interest was “posing challenges to the future viability of funds like the M&G Property Portfolio, particularly for...
...“If it’s not Boeing, I’m not going,” was long a cherished slogan of the aircraft giant....
...“After a long line of pretty arrogant (male) CEOs at Boeing, I’m hoping that she will bring some normality.”...
...The best book I’ve read in the past year is Young Mungo by Douglas Stuart....
...“There’s a lot of hedge funds that say ‘I don’t want to grow, I’m very happy being whatever my size is, I’ll charge my high fees and just stay there’,” Pot said....
...Why The property was designed in the 1950s by Douglas Snelling, an Australian architect who drew on Southern Californian style and built the house as his family home....
...Here’s what else I’m keeping tabs on today and over the weekend: Economic data: The US reports personal consumption expenditures inflation and goods trade balance data today....
...Douglas Webster and Douglas Mitchell were particularly grateful in 1929 for the whisky someone had left behind at Corrour, which they used for hot toddies to wash down their “hoosh” (Antarctic survival stew...
...Conservative commentator Douglas Murray revelled in “the delicious schadenfreude” of it all....
...Robert ShrimsleyWell I’m torn. I mean, I am . . . I did think about selling Douglas Ross, the Tory leader who brought down the no-confidence motion which essentially precipitated Humza Yousaf’s fall....
...Shares in the CVC-owned German beauty retailer Douglas fell as much as 9 per cent in their Frankfurt debut last month....
...I wonder what Douglas Adams would’ve made of it....
...Dear reader, I’m not sure I’ve got the metaphor right on this as I’m agnostic about share price direction....
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