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Finance chief says low-cost chain plans to open 600 stores abroad this year amid weak consumption in its home market
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USS, Canada’s CDPQ and Singapore’s GIC push to exit, putting £2.4bn deal with Saudis and private equity at risk
...Activists should be banned from holding protests near defence manufacturing and energy sites, a UK-government commissioned review into tackling political violence and disruption will say....
...Roche said it was also reviewing its manufacturing operations to improve efficiency. It recently sold a large site in California to contract manufacturer Lonza for $1.2bn....
...It is the second bolt-on acquisition by Roche’s new chief executive Thomas Schinecker in less than two months. Schinecker needs to soothe investor jitters over Roche’s pipeline....
...Roche, whose stock has fallen 27 per cent in the past 12 months, is a case in point....
...Roche shares closed up almost 3 per cent on Monday, but remain down 15 per cent this year....
...Roche will pay $7.1bn upfront and a near-term milestone payment of $150mn. Pfizer will keep the commercialisation rights outside the US and Japan....
...The crunchy acronym was coined by Goldman Sachs for pharma companies GSK and Roche, Dutch chip company ASML, Switzerland’s Nestlé and Novartis, Danish drugmaker Novo Nordisk, France’s L’Oréal and LVMH, the...
...Roche, Johnson & Johnson and Denmark’s Genmab have all inked deals this year, following nearly $100bn of ADC-focused M&A and partnership transactions last year....
Also in this week’s newsletter, English football’s casino league and Aston Villa’s grand ambitions
...Roche is conducting phase 1 clinical trials in humans on the candidate drug, which targets a bacterium known as carbapenem-resistant Acinetobacter baumannii, or CRAB....
Shares in JAL and ANA have barely budged in the past year
...Shares in Roche increased 5.1 per cent to SFr265.95....
...Browns is owned by Sri Lankan holding company LOLC Holdings, whose portfolio spans cars, pharmaceuticals, mining, agriculture and financial services....
Wealthy customers are pouring more money than ever into customisation, pushing carmakers to invest in supply chains and dedicated teams
Sale by shareholder comes in wake of bank announcing chief’s exit
...Will Lina Khan be left holding the bag? On Monday, the US Federal Trade Commission sued to block Tapestry’s $8.5bn acquisition of rival Capri Holdings. The pair are best known for their handbag brands....
President Yoon Suk Yeol has pledged to target private use of company vehicles
Chinese territory set to become one of world’s fastest-growing economies as it recovers from Beijing crackdown
...In a statement of intent, the shareholders have hired restructuring advisers at Alvarez & Marsal to engage with the creditors of Thames Water’s ultimate parent, Kemble Water Holdings....
...But the initial public offering market in London has remained subdued in recent months, with many private companies holding off on listing plans until more favourable market conditions return....
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