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...The haircut underscores the distress in the European commercial property market — in which Signa Group companies must now sell assets — and raises fresh questions over the opaque way the sprawling group...
...The UK is one of the highest consumers of ultra-processed foods in the world....
...It is not just stocks hitting fresh highs, but local property prices too....
...After struggling in the wake of the coronavirus pandemic due to supply chain disruptions and rising operating costs, Robertshaw was able to raise nearly $100mn in fresh debt through a new loan last spring...
...The proposed pay changes “excessively” diluted shareholders and contained an “evergreen” provision that automatically issued more shares without fresh investor approval, according to Institutional Shareholder...
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...Smart reads Goldman’s sweet spot If you have $60mn in the bank, you’re the ideal client for Goldman Sachs as the lender doubles down on catering to the ultra wealthy, the Wall Street Journal reports....
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