Hints and tips:
...And now comes the colossal US Inflation Reduction Act, by far the west’s most significant piece of climate and energy legislation ever, and the onset of a new clean energy arms race. Phew!...
...The families of nine victims of the Sandy Hook Elementary School shooting have agreed to a $73mn settlement with gun manufacturer Remington Arms....
...“The law is counter to any basic understanding of tort law and the Protection of Lawful Commerce in Arms Act,” he said....
...The last one was Cerberus and its takeover of Remington Arms, which failed in 2018. Bankers and lenders may have become more fastidious, and the two public companies have been financially prudent....
...Remington filed for bankruptcy protection in July....
...The FT estimates are based on calculations using FBI data and the same methodology used by the Small Arms Survey, an adaptation of the method used by Small Arms Analytics & Forecasting, a consultancy that...
...The US Supreme Court has refused to block a landmark lawsuit brought by families of Sandy Hook victims against Remington Arms, the gunmaker whose assault-style rifle was used in the 2012 massacre....
...Vista sold its gun manufacturing business, Savage Arms, last summer, but kept its bullet business. Its shares are down more than 84 per cent from the top....
...This week, the US Supreme Court declined to block a lawsuit brought by families of Sandy Hook victims against Smith & Wesson rival Remington, in a case that could broaden liabilities for gun companies....
...US firearm sales last month dropped 12 per cent from a year earlier to 1.2m, according to an estimate from Small Arms Analytics....
...Carlyle wins fight for Akzo Nobel speciality chemicals arm A group of investors led by US buyout giant Carlyle agreed to pay €10.1bn including debt for Akzo Nobel’s specialty chemicals unit after months...
...As a teenager, she worked as a stringer for him, sometimes writing as many as 15 human interest stories a day on an old Remington typewriter....
...The Sholes and Glidden typewriter originated the layout, and the company was sold to Remington in 1873....
...Remington made a rifle used in the Sandy Hook shooting. But given the increased demand for guns, other investors have quickly swooped in....
...The company cemented its position as a world leader in 2013 by beating Colt and Remington to an all-important contract to supply the US army with M4 and M4A1 carbines, standard infantry weapons....
...The $20bn private equity group run by Stephen Feinberg, a keen hunter, acquired Bushmaster in 2006 and later merged it with other gunmakers such as Remington to create the Freedom Group....
...The firm’s UK arm emerged as a big donor to the Conservative party before the last election....
...“There were 17 other major competitors, such as Parker Hale, BSA, Winchester, Remington and Mauser,” says Mr Walls. “They were all in it, and we never thought at that time that we’d win.”...
...The story of how he took control of Marvel and led it into the arms of Disney has as many twists and turns as one of the company’s comic books....
...Cerberus, the US private equity group, owns Remington, the biggest US maker of shotguns and rifles....
...Eon, the utilities group that is in the process of selling its real-estate arm, will still own its own castle, Schloss Oefte, after the divestment....
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