Hints and tips:
...Including net debt, the enterprise value of the deal is roughly £340m, according to FactSet data....
...Offshore driller Ensco has agreed to buy Rowan Cos in an all-stock transaction to create a combined company with an enterprise value of $12bn, the latest round of consolidation in the oil sector as crude...
...Since Fidelity International said in January it had won the first-ever approval to launch onshore investment products in China, a steady stream of rivals have set up their own wholly foreign-owned enterprises...
...The Hang Seng China Enterprises Index — a closely watched gauge of mainland-based Hong Kong blue-chips — had added 16 per cent, although its level of 8,900 leaves it short of the 10,000 that equity specialists...
...jennifer.hughes@ft.com...
...Dalian Wanda Commercial Properties closed up 18.3 per cent at HK$45.9 on Thursday, making the stock the biggest gainer in the Hang Seng China Enterprises index, a gauge of Hong Kong-listed blue-chip mainland...
...The putative deal comes as Mr Wang focuses on expanding his empire, of which property forms the bedrock, into entertainment writes the FT’s Jennifer Hughes in Hong Kong....
...Meanwhile, Baker Hughes and Halliburton, both oilfield services companies, posted solid gains....
...While the presence of big-name investors in a prospectus can encourage others to bet big, cornerstones in Hong Kong have more recently been dominated by other SOEs — in effect, letting China Inc set the...
...Almost three-quarters of the benchmark Hang Seng China Enterprises index, for Chinese companies with local H-share listings, consists of financial stocks, with just 3.5 per cent consumer stocks and no tech...
...Additional Reporting by Jennifer Hughes...
...Ladies and gentlemen, distinguished guests, I am delighted to be here tonight at Hughes Hall in the University of Cambridge....
...The $4.4bn transaction figure refers to the group’s enterprise value and includes an undisclosed level of net debt....
...Alex Hunter, the IPA’s finance director, said: “It is surely nonsensical that agencies – many of whom are [small and medium enterprises] – should act as banker to these major corporations merely so that...
...Excluding expenses related to the Timberland acquisition and a gain on the sale of John Varvatos Enterprises, earnings were $392.6m, or $3.52 per share, for the latest quarter....
...The company, in turn, holds big stakes in Samsung Heavy Industries, Samsung Card and Samsung Electro-Mechanics, among many other group enterprises. Then there are the joint ventures....
...Verizon and we’re taking an important step forward to accelerate solutions that will unlock more opportunities for existing and new HTI and Verizon customers,” said John Stratton, president of Verizon Enterprise...
...Eric Wiseman, VF’s chief executive, said: “We have the capacity to be engaged right now in additional acquisition activities, both financial capacity and organisation resource capacity....
...Like Life magazine, Pan Am was primarily a patriotic enterprise – nationalism as internationalism. The US government even helped to secure its monopoly....
...Social Enterprise of the Year: The UK’s 60,000-plus social enterprises add £24bn to the economy, and their profits go back into the business and the community....
...“It gives [Mr] Ergen a consumer broadband solution that can be bundled with Dish’s video product,” he said, adding that Hughes will bring enterprise and international market share to EchoStar....
...Steve Hughes, UK economist at the British Chambers of Commerce, said: “The current lending situation is much more complicated than simply forcing banks to lend when demand among businesses is muted....
...“Jenny X continues to get good press and to sell, which is fantastic, since that’s our main enterprise.”...
...Before that, from 2006-2008 he covered enterprise software companies at Wedbush....
...But as the deadline approaches, the inevitable cultural differences, disagreements and rivalries that come with a global enterprise on this scale – and that have plagued accounting debates for centuries...
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