Hints and tips:
...By the end of the year OCI had agreed to offload two fertiliser holdings for about $3.6bn apiece, to the Abu Dhabi National Oil Company and Koch Industries of the US....
...Koch Industries made its investment in Victoria in 2020 through its Koch Equity Development unit, which makes private equity and private credit style investments while applying the Wichita, Kansas-based...
...Dave Robertson, a veteran of nearly 40 years at the Wichita, Kansas-based group, is stepping up from the role of chief operating officer to be co-chief executive along with Charles Koch as part of a reshuffle...
...industrial conglomerate best known for selling Post-it notes and Scotch tape, said Aearo is assessing whether to appeal. 3M is the latest in a succession of companies including Johnson & Johnson and the Koch...
...“Bankruptcy courts are for honest companies in financial distress, not billionaire mega-corporations like J&J, 3M and Koch Industries, that seek to close courthouse doors to their victims.”...
...For example, last year Georgia-Pacific paid $2.5bn in dividends to Koch Industries even though it spun off a unit facing thousands of asbestos claims in 2017....
...The first of these cases was filed in 2017 by Georgia Pacific, a subsidiary of privately held Koch Industries which still faces billions of dollars of asbestos claims....
...Could the conservative couple be the next Kochs? And here’s a smart listen: increasing barriers to achieving financial security have led a younger generation of investors to say, “F@$K it”....
...Katie Koch, chief investment officer of public equity at Goldman Sachs Asset Management, is leaving after two decades at the US bank....
...The Korean Wave opens September 24, V&A ‘Make, Break, Remix: The Rise of K-Style’ by Fiona Bae, (Thames & Hudson), will be published in the UK & Ireland on 22 September 2022...
...The authors of a business-friendly Texas law used by corporations such as Johnson & Johnson and Koch Industries to shield themselves from billions of dollars of legal claims have said they feel it has been...
...J&J followed the examples set by Koch Industries’ Georgia-Pacific, the first to deploy the Texas two-step in 2017, Trane Technologies, and a US unit of France-based Saint-Gobain....
...Koch (not to be confused with his Republican mega-donor younger brothers). But since the eldest Koch put the place up for sale in 1999, the trail became harder to follow....
...The investment arm of Koch Industries bought a minority stake in 2018....
...I also spoke with the co-founder of one of the artificial intelligence start-ups helping to automate loan underwriting....
...His mother was a Time Inc executive, and his father a Washington diplomat who worked for the US Agency for International Development....
...J&J is not the first to use it: Koch Industries’ Georgia-Pacific tried it following asbestos claims; its bankruptcy is still pending in the courts....
...Write to the FintechFT team at imani.moise@ft.com and sid.v@ft.com. You can build it, but will they come?...
...Koch Industries’ Georgia-Pacific is using a similar manoeuvre to try to limit its liabilities against asbestos claims....
...The firm has successfully marketed the Texas two-step to Koch Industries’ manufacturer Georgia-Pacific (which battled its own asbestos claims in 2017) as well as the US unit of France-based Saint-Gobain,...
...A dual-class share structure will allow Marshall and his co-founder Robbie Schingler to retain control of the business after it goes public....
...“Africa is a key market for Sputnik V,” said the Russian Direct Investment Fund, a Kremlin-run wealth fund overseeing Sputnik V’s foreign sales....
...‘Perfect scenario’ Those look like V-shaped projections, Andrew Glenn thought to himself....
...Mr Krebs says the crisis has “opened up creative ideas” about how Koch can “flow talent across the business but also “plug in external talent”....
...This is a guest post by Steven Desmyter, Man Group’s co-head of responsible investing who argues that when it comes to the Covid-19 vaccine, it pays not to profit from disaster....
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