Hints and tips:
...See Tickets, which was part of Vivendi’s live entertainment arm Vivendi Village, would be the latest in a series of asset disposals by the French media giant....
...not the new JPX rules force companies to respond more fully to their investors’ concerns, they will create an environment where investors feel more emboldened to confront management on issues such as the disposal...
...The disposal of the retail unit, which has lower margins compared with its international car distribution arm, will help improve the group’s profitability....
...The gallery’s statement says that more details on the disposal of its premises around the world and of its inventory — thousands of works estimated at about $250mn (although Marlborough would not confirm...
...In the end, the Fenway-led group, dubbed Strategic Sports Group, stepped to the front of the line....
...Its efforts to realise cash through disposals are set to begin with Epic, a California-based digital reading platform, which it acquired in 2021 for $500mn....
...A version of this article was first published by Nikkei Asia on April 19 2024. ©2024 Nikkei Inc. All rights reserved....
...Bob Iger, Disney chief executive, this year openly pondered whether some of its assets still fit within the company, prompting speculation that he was considering disposals....
...Proceeds from disposals come on top of $1.8bn from bonds Rakuten issued in February. Last year, it issued ¥150bn in bonds and $500mn in dollar-denominated, unsecured senior notes....
...Gates’s biggest UK investments, for example, have been in retailer Carpetright, jet servicing group Signature Aviation and Bunzl, a distributor of disposable cutlery....
...Numis’s McCann said: “We also note that TA will no longer be exercising their right to a board seat, possibly paving the way for a disposal of their stake in our view.”...
...On another wall, an epic explosion of red: a reworking of Goya’s “Third of May” by the Chinese artist Yan Pei-Ming....
...This article has been updated to clarify that Higg Inc has rebranded as Worldly, not the Higg Index as incorrectly stated in a previous version. ...
...The US group is in negotiations with privately owned Russian companies including Expobank and insurance company Reso-Garantia over the fate of its consumer and commercial businesses, according to people...
...Boots is facing fresh uncertainty after its US owner abandoned plans to sell the business — but left the door open to a disposal once market conditions improved....
...Lex says these are much easier people for a chief executive to have on board than pesky activist Cevian Capital, which has been using a small exposure to Vodafone to push for disposals, consolidation and...
...Indonesia’s Harita Group runs another on Obi Island. Digges said HPAL projects generally have “a tricky track record” that includes higher carbon content and waste disposal problems....
...Rivian raised $11.9bn in its IPO, and has $18bn of cash reserves at its disposal, according to data from Sentieo. This is a similar amount to that held by BMW, Ford and General Motors....
...The deal was closed last December and the company rebranded as Napster Group in March this year....
...Toshiba has announced its break-up following reforms to the Japanese tax code to incentivise disposals....
...During the bidding battle for Morrisons, CD&R said it “does not intend to engage in any material store sale and leaseback transactions”, but it was careful not to rule out store disposals altogether, nor...
...group of global franchises....
...Earlier this year, UK banking group HSBC sold its US retail business, giving up on its 40-year attempt to run a full-service bank in the country....
...But given how high the bidding has gone, analysts believe either bidder will have to make significant asset disposals and cost savings in order to generate a reasonable return on their investment....
...Returns would flow largely from financial engineering: sale and leaseback of properties, disposals including petrol stations, and from increasing debt and cutting costs....
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