Hints and tips:
...“At Berkshire, we particularly favour the rare enterprise that can deploy additional capital at high returns in the future,” he said on Saturday....
...On Monday, the Pittsburgh icon US Steel announced it had reached a deal to sell itself to Japan’s Nippon Steel at a total enterprise value of $15bn....
...A federal appeals court said the bankruptcy process could not be used by an enterprise that was not facing “financial distress”....
...Strip that away and that would give the deal an enterprise value of about $16.6bn. That still puts the company on an EV/ebitda multiple of over 58 times....
...W.J....
...That would be more than 15 per cent higher than the current enterprise value....
...Incidentally, a plethora of media outlets (inc....
...Recall how J Sainsbury’s £7bn bid for Asda was kiboshed by antitrust regulators in 2019....
...CD&R’s offer places an £8.7bn enterprise value on Morrisons. This underprices its vision for the company. CD&R must provide a firm intention to bid again, or walk away, by July 17....
...Maybe we just don’t need J Crew any more....
...Among the menu of aggressive covenant terms was a clause that allows the owners to move assets into a subsidiary out of the reach of bondholders — a feature made famous by retailer J Crew....
...Lex says that the rationale for either of the companies, which compete in the enterprise software and cloud space, is “nebulous”....
...UK competition authorities recently scuppered a takeover by rival J Sainsbury. On Wednesday, Walmart said it may pursue a flotation....
...It is the first time the US retail giant has directly acknowledged the speculation about Asda’s future, following the decision of the UK’s competition regulator to block its takeover by J Sainsbury....
...to simultaneously return value to shareholders through our regular quarterly dividend and share repurchases, while at the same time continuing to deploy capital that will further strengthen our robust enterprise...
...At the Flying J truck stop, driver Alvin Perry, taking a break before continuing his journey to North Carolina, says he has been poached four times in two years....
...According to Bloomberg, if Sainsbury's enterprise value to trailing sales multiple is applied to Asda's 2016 revenue, the most recent it has reported, then Asda is worth just over £5bn....
...We can guess at the financial shape of the shopkeepers’ redoubt from a mooted enterprise value of about £15bn. Sainsbury’s EV was £7.4bn at Friday’s close, according to S&P Global....
...It hasn’t been fully tested by foreign players and there is still room for them to come in,” said Rupinder Malik, a partner at J Sagar Associates in New Delhi....
...“Among all corporates, SMEs [small and medium sized enterprises] would be hit most. As a result, manufacturing and investment in the manufacturing sector would grow slower.”...
...That gives the target an enterprise value of about $8bn, taking into account the total debt of $471m and cash of $283m the company had on its balance sheet as of December 31....
...said: “It raises serious questions about whether Congress should not only create a uniform data breach notification standard, but also whether Congress needs to rethink data protection policies, so that enterprises...
...Enterprise Holdings “It appears that technology has gotten ahead of the advertising industry’s checks and balances” 5....
...The billionaire investor poured several billion dollars into an old-economy American icon: Pilot Flying J, the largest US truck stop operator. As usual the deal isn’t straightforward....
...Mr Gorsky is betting that he can revive growth at J&J’s drugmaking unit by snapping up Actelion’s market-leading medicines for pulmonary arterial hypertension....
International Edition