Hints and tips:
...I wonder if having a bigger supermarket competitor squaring off against Walmart and other big box discounters might actually make the market healthier, but I don’t know how you figure this out in advance...
...Sainsbury’s sold its Shaw’s Supermarkets chain to Albertson’s in 2004 in the face of rising competition. Neither has rival German discounter Lidl found the market easy....
...When the party ends Shaw at Investec believes government financial support helped support household finances....
...UK Grim (a pun on UK grime) follows the pair’s highest-charting album, 2021’s excellent Spare Ribs....
...S&P Global downgraded Rakuten Group’s debt to junk status in 2021. Some of Mikitani’s previous bets on technological innovation, such as ecommerce and digital banks, have paid off handsomely....
...Berkshire, which is the largest component in the S&P 500 value index, has fallen 6 per cent in 2022, far outperforming the 17 per cent decline in the benchmark S&P 500....
...Presumably this is why the activist investors DE Shaw and Jana Partners got involved in FIS. But that implies that the original deal was an epic mistake. Industries change....
...The Cac 40 has risen 16 per cent so far this year and by more than 30 per cent since a low at the end of September, outperforming Europe’s region-wide Stoxx 600 and the US S&P 500 over the same period....
...Activist investors including DE Shaw and Jana Partners had been pressuring FIS to review its business strategy, including considering undoing the 2019 deal, since last year....
...“K-S-I! K-S-I! K-S-I!” they chanted. At 10.30pm, after several other YouTubers-cum-boxers had taken their turns in the ring, KSI appeared. He wore a pink outfit and sang the national anthem....
...For example: if Generic Greek God Capital is buying Widgetmaker Inc, 70 per cent of the equity it ponies up might come from one of its LBO funds....
...“After weeks of fruitless searching in supermarkets for the iconic little black tins, I’ve just bought the last three in my local shoe shop,” wrote one, a military historian....
...The benchmark S&P 500 has declined 20.9 per cent while an investor in US Treasuries has lost 15.3 per cent, according to Ice Data Services....
...Trust Bank was founded with FairPrice Group, operator of Singapore’s biggest supermarket chain....
...Eagle, Idaho-based Lamb Weston is one of the world’s biggest producers of frozen potato products, like the french fries you can find in your local supermarket....
...On average, European leveraged buyouts had an equity contribution of more than 50 per cent in 2020, according to S&P Global’s LCD....
...From Friday’s statement: The Special Committee reached out to Daniel S....
...Unilever said it was losing market share to supermarket own-brands, particularly in Europe, and was increasing spending on advertising as a result....
...Philip Shaw: It will be on its way to winning, but probably inconclusively....
...Clayton, Dubilier & Rice has raced ahead in the supermarket sweep....
...Tesco Adrian Morris Group general counsel Adrian Morris held senior legal posts at energy company BP and UK utility Centrica before joining Tesco, the UK supermarket chain, in 2012....
...In Europe last year, the average leveraged buyout used equity for more than half of the deal’s enterprise value, according to data from S&P Global....
...Emerging markets provide about three-quarters of global economic growth, but their equities have lagged behind the S&P 500 index of US stocks for much of the past decade....
...Walmart of the US has picked Mohsin and Zuber Issa as preferred bidders for Asda, its UK supermarkets group....
...Both face the perennial problem of supermarkets: selling perishable food is a low-margin business....
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