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...CD&R and BC Partners declined to comment....
...CD&R said Lewis, who spent almost three decades at consumer goods group Unilever, will help source and execute deals as well as support its portfolio of companies across Europe....
...Vale faces a £3bn lawsuit in the Netherlands from 77,000 claimants over the 2015 Mariana dam collapse in Brazil, opening a new front in legal action against the mining group and its project partner BHP over...
...To be evaluated, companies must submit their products’ complete R&D documentation and code....
...The Klansman’s Son: My Journey from White Nationalism to Antiracism by R Derek Black Abrams Books £21.99, 320 pages Join our online book group on Facebook at FT Books Café and subscribe to our podcast Life...
...The grocer acquired 350 petrol stations and more than 1,000 food-to-go sites which were previously owned by EG Group. CD&R bought MFG for £500mn nearly a decade ago....
...Smaller rival H&R Block trades on a multiple of only 12 times. But this premium has more to do with bog-standard accounting than cutting-edge tech....
...In the last fiscal year, Apple spent twice as much buying back its own shares as it did on R&D....
...It also follows her biggest sales success yet as a songwriter, co-writing a hit EP released last year by the K-pop girl group NewJeans....
...Société Générale: Shares in the French financial services group rose 4.5 per cent after it announced a deal with Saham Group to sell Société Générale Marocaine de Banques and La Marocaine Vie in a transaction...
...Nemer said committing to funding levels of $10bn-$15bn for R&D would be justified to tackle other pathogens....
...Sanofi chief executive Paul Hudson began in sales jobs at groups including GSK....
...Vaccine hopes and demand for medical treatments also buoyed pharmaceutical groups such as Moderna and Pfizer in 2020, as well as lesser-known Chinese groups, including WuXi Biologics, Chongqing Zhifei Biological...
...Daniel R DePetris Fellow, Defense Priorities (a Washington DC Think-Tank) New Rochelle, NY, US...
...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....
...In the (in)famous 1999 IPO of Internet Capital Group, for example, the f&f accounted for 30 per cent of the deal; the shares rocketed for a while before crashing and burning....
...But given the transformative nature of the treatment for a disease with a poor prognosis, the high list price has not held back sales for the pharma group....
...In the last fiscal year, R&D costs were equal to 7.8 per cent of revenue, up from 3.3 per cent in 2014. But it has not been willing to fund a new supply chain for mass car production....
...Together with Thomas R, they set up research projects between the company, German universities and sham Chinese business partners....
...The group abandoned a target of 32 per cent operating margin in 2025 in order to focus on “long-term profitability.”...
...The group estimated the rule would cost airlines $33bn over 10 years....
...Mining group BHP has been ordered to hand over historic employment details for staff including its chief executive Mike Henry as part of a legal battle over one of Brazil’s worst environmental disasters....
...They pointed out, approvingly, that the group managed to track the index while holding a large cash reserve. But holding cash for cash’s sake does not earn companies a gold star....
...The group’s head of pharma, Stefan Oelrich, who moved to the job from rival Sanofi in 2018, axed 40 per cent of the old R&D programme, focusing on cell and gene therapy and spending billions of euros to...
...The French group took investors by surprise when its R&D investment plans were unveiled six weeks ago, alongside the consequent scrapping of its margin target for 2025....
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