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...The Co-op’s acquisition of Britannia Building Society in 2009 eventually led to its original owner, the Co-op Group, agreeing a £700mn rescue deal with hedge funds in 2017, leaving it with just 1 per cent...
...Co-op Bank, which has 2.5mn customers, is backed by US-based investors including Bain Capital Credit and JC Flowers....
...In today’s newsletter: Nippon Steel’s bungled takeover effort Blackstone revs its deal machine Bernard Arnault’s succession planning Nippon stumbles through its bid for US Steel Today’s lesson is going...
...deal would mark the start of a new phase for the former subsidiary of the Co-op group after years of turmoil....
...Tax receipts, according to William J Shultz and MR Caine’s 1937 Financial Development of the United States, flooded the Treasury with more revenue than it expected....
...Co-op Live, a £350mn venue in Manchester backed by US investors Oak View Group, was supposed to open on Tuesday night with the first of two gigs by comedian Peter Kay....
...A deal would result in a combined group with about £90bn in assets....
...The revenue from the CBAM is estimated to exceed $80bn a year by 2039, yet EU nations, along with the UK, are not meeting their fair share of current climate and development finance needs....
...Last year, pro and anti-migrant groups clashed outside the mayor’s residence, in the neighbourhood. “I like the idea,” says Jin of the dormitory....
...Co-op Bank, a former subsidiary of the Co-op Group, kicked off an auction process earlier this year....
...Last year, Renault signed a memorandum of understanding with Morocco’s mining group Managem to supply 5,000 tonnes of cobalt annually for electric and reusable batteries....
...Co-op Bank declined to comment....
...His death alongside Wagner’s other top two leaders has left the future of what remains of the group unclear....
...“One man’s extremist is another man’s courageous champion of an unpopular cause,” she argued in an op-ed for The Critic magazine....
...The Co-op’s director of pensions Gary Dewin said its deal reduced the company’s exposure to future funding risks and helped strengthen the Co-op “for the benefit of our members”....
...The long Adagio had an exalted sense of ceremony, the group playing with a lyrical, symphonic sound. The storm in the middle returned to great calm....
...[MUSIC PLAYING] China is hoping that a boom in manufacturing can rev up the country’s economy. Manufacturing was behind better than expected growth in the first quarter of the year....
...Nearly a year after Sequoia split into three, the pressure for Peak XV is on as competition — even among the formerly joint firms — revs up....
...Although it is a chamber-music group, the goals are the same, and this is the cross-border ensemble that was playing at Southbank Centre while, outside, the pro-Palestinian marchers were making their way...
...When fiction reads too much like an op-ed, however, it loses its seductive power....
...The oddly shaped programme began with Ernst Krenek’s Kleine Symphonie, Op 58....
...I very much agree with this op-ed in the FT by Zainab Usman that argues the US should keep good trade relations with Africa....
...In December, Coventry Building Society entered talks to buy the Co-op bank....
...The Palestinian Islamist group, which has controlled Gaza since 2007, also seized about 240 hostages....
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