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...Munich Re chair Nikolaus von Bomhard and his BASF counterpart Kurt Bock were both previously the most senior operational executives at their respective groups....
...The price of Lay’s potato chips was lifted 25 per cent in the year to end September, against an average increase of just 7-10 per cent for the category, according to market research group, Kantar....
...Pepsi earned $1.3bn or 94 cents a share in the fourth quarter, up from $518mn or 37 cents a share one year earlier....
...Pepsi is a quality credit with an A+ rating. The sell-off in long-dated Treasuries has abated, and investment-grade borrowers like Pepsi don’t have trouble extending the maturities of their debt....
...Pepsi shares are already down 15 per cent for the year....
...Among big cap US stocks yesterday, some of the largest losers were snack and sweet drinks giants such as Mondelez, Coca-Cola, Pepsi and Kraft-Heinz....
...Wood’s stock languishes around 142p — a painful 41 per cent below the final takeover price offered by Apollo a year ago before the private equity group got cold feet....
...At a Fortune event earlier this week, Pepsi chief executive Ramon Laguarta touted the company’s commitment to reducing plastic waste....
...Campari said the deal would lead to increased distilling infrastructure, bottling and warehousing capacity in the Cognac region....
...The retail business’s profit margin was 2 per cent last year, compared with 5.8 per cent for the group as a whole over the same period....
...The group estimated the rule would cost airlines $33bn over 10 years....
...Meanwhile, the entity in question — Change Healthcare — is restoring its systems, after reportedly paying a $22mn ransom to the BlackCat hacker group. But investors should pay close attention....
...The combined group not only controls an estimated 70 per cent of the market for ticketing and live events but it also manages artists and either owns or has exclusive contracts with major concert venues....
...That segment is dominated by UK-listed Gym Group and private equity owned PureGym....
...Pepsi, pharmaceutical company Merck, and potato processing company Lamb Weston edged down between 0.3 per cent and 0.5 per cent....
...But investors have soured on the group as it competes in a costly streaming battle with larger competitors such as Disney and Netflix....
...Pepsi shares are already down by 15 per cent for the year....
...The commission said it was investigating under the Digital Markets Act, a new law aimed at curbing the power of the biggest online platforms....
...Welker is a partner at Sherborne, the investment group that led the break-up of former Hostmore owner Electra in 2021....
...The advert, made under the umbrella of Burrell-McBain Inc (“An Advertising Agency for the Black Commercial Market”) formed in 1971, was a partnership between Tom Burrell, who was a copywriter by trade, and...
...Lok’nStore is set to become the latest company to leave the UK stock market, after the self-storage group agreed to be bought by Belgian-listed rival Shurgard for £378mn....
...The French retail giant has signs in stores accusing Pepsi of “unacceptable price increases”....
...It also opened proceedings against Meta over whether the group’s new “pay or consent” subscription model complied with the DMA requirement for gatekeepers to obtain user agreement to “combine or cross-use...
...to food and beverage groups....
...Singaporean sovereign wealth fund GIC acquired a 35 per cent stake in Spain’s Hotel Investment Partners from Blackstone Group, while Abu Dhabi Investment Authority, one of Abu Dhabi’s sovereign wealth funds...
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