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...Leahy, who joined CD&R in 2011 and chairs its UK supermarket chain Wm Morrison, told the Financial Times: “We need to add to our team because there are lots more opportunities . . . and you don’t want to...
...The most prominent project Burnett has been working on is Ionic Originals, sonically pristine, one-of-a-kind, physical recordings, through his company NeoFidelity....
...The letter had broad support from retail and consumer goods groups such as Aldi, M&S and Wm Morrison....
...DON’T EVEN TRY IT, COLUMBO....
...Private-equity owned UK supermarket chain Wm Morrison has agreed a £2.5bn deal to sell its petrol forecourt business to sister company Motor Fuel Group, in a move that will help Morrisons shore up its balance...
...But supermarkets don’t command much in terms of consumer loyalty. Regulators ensure that people have a broad choice in terms of convenient outlets....
...True, the biggest of the bunch is Wm Morrison, a company for which it would be virtual insanity to list elsewhere. After that, you get a far more global bunch....
...This might be why Rebecca Burnett, wife of the co-chief executive Stuart Burnett, has decided to buy £100,000 worth of shares....
...At real estate and warehousing company Prologis, human resources head Nathaalie Carey has found demand for green workers is “outpacing supply, as companies navigate their net zero goals and green transitions...
...Smaller Chinese groups, including Shanghai-based Aiways and WM Motor have been hit by funding crises in recent months....
...These companies’ capex costs aren’t supposed to come from the government, by the way, because they’re investor-owned monopolies with guaranteed profits....
...Wm Morrisons chief executive David Potts is standing down after nine years at the helm of one of the UK’s largest supermarket chains....
...WM Motor, another EV start-up based in Shanghai founded by a former chair of Volvo China, told creditors last week that it had started restructuring proceedings in early October....
...“Why didn’t the board stop this . . . at an earlier stage? Why weren’t they asking the right questions?” said Roger Barker at the Institute of Directors....
...We see material WM overlap especially in UHNW with both UBS and CSG at 55% of AuM in UHNW we estimate as well as overlap in Asia and Swiss onshore business....
...“Curtailment is the future of mining,” said Burnett. “If it doesn’t make financial sense to mine, you might as well sell [energy] back to somebody.”...
...Wm Morrison, a beloved British grocer that had been listed since the 1960s, became a target due to its unencumbered property portfolio....
...The tribunal ruled that the payments to WMS were unjustified, though it has granted the landlord permission to appeal....
...Morrisons said in a statement that customers “don’t really care about market share statistics”....
...Kirkland “doesn’t feel like a law firm, it feels like a hedge fund . . ....
...The company’s success isn’t obviously down to the incumbents’ errors. It seems almost inevitable that they shed some market share....
...They didn’t say; US Securities and Exchange Commission rules forbid them from doing so. What deal types would they target: companies in the consumer space, but also media, and maybe hospitality....
...“We just couldn’t stretch the financing any further,” said a person involved in Fortress’s bid. By the time CD&R triumphed in October, Morrison’s price had reached £10bn....
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...There’s great work too from Gemma Lawrence as the truculent Sam and David Burnett as Leo, both bruised by their failed relationships with Kath. Apart from anything else, this is a study in grief....
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