Hints and tips:
...US megadeals are slowly bringing M&A action back If a UK paper and packaging company is at the centre of a bidding war, then M&A must be back....
...In the event, terms with B&M were rapidly put in place for the three Capital & Regional sites affected by the collapse....
...I’m not talking about real dollars, meaning dollars adjusted for inflation....
...Companies with double B or B plus debt ratings have received solid demand, while lower-rated single B and triple C rated companies have been forced to go to private credit lenders for financing....
...More than half of single-B minus rated US companies would not be generating enough cash to cover their capital expenditure while servicing their debt by year-end, analysts at Moody’s project....
...Also, on Wednesday and Thursday, join leaders from across the wealth management ecosystem at PWM and FT Live’s Global Wealth Management Summit to discuss shifting investment strategies, regulation and business...
...Briger characterised the deal as a “management buyout”....
...He also extended a $30mn loan to a company registered in the name of Epstein’s private pilot. The company, Plan D LLC, owned a Gulfstream jet....
...“I’m sorry,” I shouted at Honor Oak Park. “I can’t hear you. There’s a lot of noise here. I’m on the runway.”...
...V and N leave for Zaporizhzhia. The next day they will be reunited with their son. And the occupying Russian troops will enter the city of M....
...I’m as proud being part of that cohort as I was working for any of the shiny FTSE 100 companies that I had the pleasure of serving....
...Over the years, Louis B....
...I’m now late in my career, so I’m going to say it’s not going to happen.”...
...By 1868, the company had spread its wings to Europe with offices and stores in London and Paris....
...If you’ve got thoughts about this or a topic that would suit a future installment of the Future of Money, email me at sid.v@ft.com....
...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...
...The 130,000 tickets for Adele’s two headline appearances at BST Hyde Park were snapped up within moments of being released....
...Companies House says nothing, and Birmingham Research Park told FTAV there is not currently a business by that name there. We tried contacting them via the form on their website....
...The success of BREIT is a matter of some pride inside 345 Park Avenue....
...Like other aerospace companies, Lilium’s management is male-dominated and I ask what she thinks of the gender imbalance. “It’s such a shame....
...BNP Paribas has hired Apoorva Shah, Nomura’s former head of Asian M&A, to lead its UK business....
...Jurassic Park The UK stock market is struggling to attract tech listings. It must boost valuations and shake its dinosaur image, or risk extinction, Lex writes....
...Afterwards, I’m standing in the church car park waiting for a friend to come and collect me, when a retired couple, John and Rita DePasquale, strike up a conversation....
...“I’m not an alpha anything! I’m talking a lot today but normally I’m quite shy.” But she kept on: “I’d spent my whole life in these forests, and I knew that I understood them.”...
...That’s because when hedge fund Elliott Management took a multibillion-pound stake in the company this year, one of its biggest gripes was that Walmsley may not be the best fit for the job....
International Edition