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...This played a role in the holding company’s decision to diversify into other sectors....
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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...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....
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...Vale faces a £3bn lawsuit in the Netherlands from 77,000 claimants over the 2015 Mariana dam collapse in Brazil, opening a new front in legal action against the mining group and its project partner BHP over...
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...Private equity group Silver Lake, an investor in Manchester City’s parent group, raised its largest fund to date....
...It is working to expand group-wide international capacity, with North America one of its focus areas. But the country’s airline shares do not reflect this brighter outlook....
...Browns is owned by Sri Lankan holding company LOLC Holdings, whose portfolio spans cars, pharmaceuticals, mining, agriculture and financial services....
...Days later, the group voted against Quinn’s re-election at the bank’s annual general meeting, according to people familiar with the situation....
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Wealthy customers are pouring more money than ever into customisation, pushing carmakers to invest in supply chains and dedicated teams
...The new rule is causing a headache for them as there is no effective way to revive sales here,” said Lee Hang-koo at the Jeonbuk Institute of Automotive Convergence Technology, a South Korean research group...
...Frankly, a special administration might offer a cleaner proposition to invest new funds, with a slice of the group’s £18.3bn debt pile removed....
...Large private equity groups like having listed stock. It gives them a higher profile, access to capital and — over the long term — offers founders and employees the chance to sell their holdings....
...Analysts said investors remained wary of the substantial debtloads the casino groups took on to fund operations during the Covid-19 pandemic....
...Last year, Oasis, which largely owns stocks in Japan, became the biggest shareholder in The Restaurant Group before the Wagamama owner agreed a £506mn sale to private equity group Apollo....
...Linda Jackson said the French carmaker was “holding on” in the market, but added that “it’s becoming more and more difficult to operate and we have a reduced presence there”....
...In a sign of improving investor sentiment towards Chinese-linked stocks, the Hangzhou-based premium car brand, carved out of China’s privately held Geely group, raised $441mn in New York from the sale of...
...The fintech group said on Tuesday that Bhatia, who previously led the digital bank for HSBC’s retail banking and wealth management business in the UK and Europe, would take over from interim chief executive...
...Q1, Eni Q1, Ford Motor Company Q1, General Dynamics Q1, Hasbro Q1, Heathrow Q1, Heineken Q1 trading update, Hilton Worldwide Holdings Q1, IBM Q1, Interpublic Q1, Lloyds Banking Group Q1 interim management...
...The Abu Dhabi group said it was also in talks with Naturgy’s biggest shareholder, a holding company of Spain’s La Caixa foundation, over “potential co-operation in relation to Naturgy”....
...The FT revealed last year that Lloyds held a guarantee in the holding companies controlling Very Group that was linked to the distressed debt behind the Telegraph newspaper group, which was then also owned...
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