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...Adrian Lewis, Inchcape’s chief financial officer, said there were several offers for its retail sites and following the deal, Inchcape would largely be a “pure-play” car distribution company....
...On that basis, its $18.25bn acquisition of speciality building products supplier SRS Distribution, including debt, offers good news and bad....
...Meanwhile, its decision to focus marketing efforts on its shoes and sandals has led to a decline in the sales of its traditional boots in the US....
...Its existing portfolio of more than 2,000 titles includes the publishing rights to films such as Aquaman and distribution rights of The Jungle Book....
...Invest in your IT infrastructure and distribution. It’s a nice engine,” said Daunt....
...The supermarket said that proceeds from the sale would be returned to shareholders via buybacks, which along with the exit from the business and the distribution deal would be “mildly accretive to earnings...
...When Silver Lake alerted investors to their cash distribution last week, it said the sale of VMware was a “defining moment” for the tech investor, and called the investment the largest-ever gain in the private...
...Apollo Global Management has shed its financial exposure to failed US trucking company Yellow, selling off a $500mn term loan and dropping plans to extend pricey financing to fund the freight group’s bankruptcy...
...China has powers to block the export of ByteDance’s algorithms that power TikTok and Beijing’s commerce ministry said last year it would “firmly oppose” a forced sale by ByteDance....
...And in recent years, the securitisation market has become a welcoming home to deals backed by everything from music rights to software companies’ private credit loans....
...Big consumer companies such as the US’s Procter & Gamble and Europe’s Unilever also bring to bear excellent distribution networks along with substantial procurement and marketing clout....
...A record 1.2mn EVs were sold in the US in 2023, according to data from Kelley Blue Book, a research company. EVs made up 7.6 per cent of the domestic car market, up from 5.9 per cent in 2022....
...Sales grew by 55 per cent between January 2022 and January 2023....
...They can be used for time in AI data centres to train and run the companies’ large language models (LLMs) that understand and generate natural language, and other content, to perform a wide array of tasks...
...Its price to book value of nearly 3 times trumps that for mortgage-heavy Wall Street banks like JPMorgan, Bank of America and Wells Fargo. But Rocket doesn’t have appreciably higher return on equity....
...Republicans in at least seven states have introduced legislation since the beginning of the year to ban sales or distribution of lab-grown tuna, pork and other animal proteins, which are cultivated from...
...“You remember [people talking about] the death of the book, and now the coolest thing is the book,” said Jesper Brodin, chief executive of Ingka, the main Ikea retailer. “I don’t want to be retro....
...That has depressed distributions to investors and made fundraising more difficult for private equity groups....
...Agencies like Savills and Knight Frank typically do not give their agents a direct cut of sales. Bonuses are discretionary, reflecting the logic that team members across the companies contribute....
...Thirteen businesses have been acquired and integrated since 2011, and the company clearly isn’t resting on its laurels....
...But there is a big difference between app stores and physical supermarkets: the latter must build and run stores and distribution hubs, employ checkout staff and shelf stackers, advertise widely and so on...
...a 30-year debt sale, the largest Italian order book since the start of 2021....
...Shares in Paragon Banking and OSB, a peer with its own book of BTL, slipped during 2023. They then staged a triumphant comeback to the end of year, thanks to the peaking of interest rate expectations....
...Then came the Nike account and a series of ad campaigns that helped transform a sports shoe company into a multibillion-dollar brand. In 1982, when Nike signed with W+K, its annual sales were $694mn....
...Paramount’s shares have risen almost 40 per cent since early November as sale speculation mounted....
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