Moulton buys Jaeger despite UK retail woes April 16, 2012 JON Moulton has admitted his concern over the health of Britain’s high street despite making a £19.5m swoop on Jaeger, the upmarket fashion chain set up nearly 130 years ago. The private equity veteran told City A.M. it is “almost inconceivable” that he will not close some of Jaeger’s 50 stores and 90 concessions after [...]
Moulton buys Jaeger despite UK retail woes April 16, 2012 JON Moulton has admitted his concern over the health of Britain’s high street despite making a £19.5m swoop on Jaeger, the upmarket fashion chain set up nearly 130 years ago. The private equity veteran told City A.M. it is “almost inconceivable” that he will not close some of Jaeger’s 50 stores and 90 concessions after [...]
Moulton snaps up office supplies from DS Smith as part of £200m disposal July 6, 2011 VENTURE capitalist John Moulton is splashing out £40m on parts of DS Smith’s stationery and office supplies business after the firm sold the rest to Spanish firm Unipapel. Moulton’s Better Capital said its purchase of the UK and Irish business will go through once Unipapel buys up the other parts of DS Smith’s Spicers arm [...]
Moulton snaps up office supplies from DS Smith as part of £200m disposal July 6, 2011 VENTURE capitalist John Moulton is splashing out £40m on parts of DS Smith’s stationery and office supplies business after the firm sold the rest to Spanish firm Unipapel. Moulton’s Better Capital said its purchase of the UK and Irish business will go through once Unipapel buys up the other parts of DS Smith’s Spicers arm [...]
DS Smith expects solid growth March 10, 2011 Packaging and office products company DS Smith forecast the year to progress in line with expectations yesterday, but warned that the fourth-quarter could see a further increase in input costs. However, the producer of recycled packaging, whose customers include Procter & Gamble and Nestle, said it was confident about the remainder of the year despite [...]
DS Smith expects solid growth March 10, 2011 Packaging and office products company DS Smith forecast the year to progress in line with expectations yesterday, but warned that the fourth-quarter could see a further increase in input costs. However, the producer of recycled packaging, whose customers include Procter & Gamble and Nestle, said it was confident about the remainder of the year despite [...]
BEST OF THE BROKERS June 26, 2011 Anglo American Goldman Sachs views the mining firm’s exploration efforts in Chile at its Collahuasi copper mine as a positive. The broker rates shares in the firm “buy”, given the potential the site holds for Anglo American. Goldman gives shares in the company a target price of 4,200p per unit. DS Smith UBS views the [...]
DS Smith posts 17.5pc profit lift December 9, 2010 BRITISH packaging and office products firm DS Smith posted a 17.5 per cent rise in first-half pre-tax profit on strong volume and revenue growth at its recycled packaging business, and said it was upbeat about the second half. The company, whose customers include Procter & Gamble and Nestle, also raised its interim dividend by a [...]
Banks in retreat after Portugal downgrade July 6, 2011 The FTSE 100 lost ground on opening today after Moody’s cut Portugal’s credit rating to “junk” sending banking shares down. As the Eurozone crisis deepened investors abandoned risky equities as banks’ exposure to the crisis in the eurozone came under the spotlight. The euro fell sharply after the Moody’s four-notch downgrade to Ba2, with the [...]
Banks in retreat after Portugal downgrade July 6, 2011 The FTSE 100 lost ground on opening today after Moody’s cut Portugal’s credit rating to “junk” sending banking shares down. As the Eurozone crisis deepened investors abandoned risky equities as banks’ exposure to the crisis in the eurozone came under the spotlight. The euro fell sharply after the Moody’s four-notch downgrade to Ba2, with the [...]