Hints and tips:
...Nonetheless, a payout of roughly €400mn in 2021 linked to the sale of the company’s French car classified business means total dividends paid over the past four years were higher than the total of €751mn...
...The title — Production of U.S. Rm-Rf, SMB, and HML in the Fama-French Data Library — hints that this is not a page turner....
...style back — and not just as a meme stock (FT) DeepMind spin-off aims to halve drug discovery times following Big Pharma deals (FT) Terry Smith and Nick Train suffer £2.2bn in outflows (FT) Pennon buys SES...
...the space sector outside of public markets....
...Those efforts have been clouded by the company’s handling of allegations against the editor-in-chief of its flagship German daily Bild, one of Europe’s largest circulation newspapers....
...Döpfner, who also sits on the board of Netflix....
...Since missing out on the sale of the Financial Times six years ago, the publisher of Germany’s Die Welt and Bild has bought online news site Business Insider for $343m in 2015....
...[Since 2013], BMG has developed into one of the most successful music companies of the streaming age, and one of Bertelsmann’s three global content businesses....
...Shopping mall operator Unibail-Rodamco-Westfield SE named Léon Bressler, a former chief executive of the group, as its new supervisory board chairman following the resignation of Colin Dyer....
...These are grown and produced on the same estate — you can recognise them by the “RM” on the label....
...KKR, which has bought 44 per cent of the publisher’s shares, aims to take the group private as part of a deal that was announced in June....
...But the limited success of this year’s public-to-private deals also reveals an “astonishing lack of understanding” of the intricacies of German M&A rules, says Thomas Schweppe, a former Goldman Sachs banker...
...It was the heartfelt desire of the family owners of Axel Springer, Bild’s publisher....
...The offer, which is pitched at €63 a share and is backed by Friede Springer, the widow of the company’s founder, and its chief executive, Mathias Döpfner, requires the approval of 20 per cent of the remaining...
...As they look ahead to these and other challenges, Springer will be guided by an unusually disparate trio of decision makers: Friede Springer, the 76-year-old widow of the founder who owns 42.6 per cent of...
...Mr Davis admitted that the company’s “pace of implementation has been uneven”. Nevertheless, “the signs of progress are clear”....
...But the sardonic edge is softened in his Christmas album with Hubbert, the second LP the pair have released this year (after Here Lies the Body)....
...RCS had opted to sell the building and lease back part of the offices as part of a wider restructuring, which included the sale of 14 of its magazines and a rights offering....
...The bulk of the jets would be delivered in 2025 and 2026, Wizz said, following on from the delivery of the 110 Airbus A321neo aircraft ordered in 2015....
...Its revenues are only around half that of M&S clothing and home division....
...Companies from British Gas and Engie of France to Ovo, one of the larger “independent” energy suppliers, have been investing in the services side of their businesses as a way of generating greater value...
...A round up of some of the week’s most significant corporate events and news stories....
...Airbus’s order intake in the first half totalled €37.2bn, down from €39.1 billion the same period last year, while the order book was valued at €981m at the end of June, compared to €1.06bn at the end of...
...Wintershall produced net sales of €2.8bn in 2016, with operating earnings of €500m....
...Citi noted the decline in earnings before interest and taxes margin for Qantas international, Jetstar and said the company’s A$373m share buyback was ahead of its expectations of A$350m....
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