“Stay at home” stocks tumble as global covid restrictions ease January 24, 2022 “Stay at home” stocks that boomed during the pandemic have slumped since the start of the year in a sign that investors and economies are beginning to shake off habits picked up through covid lockdowns. Shares in Netflix and Peloton were among the biggest fallers last week as bosses cut back growth projections and warned [...]
Vin Murria-backed AdvancedAdvT sweetens bid for M&C Saatchi January 23, 2022 Tech investment vehicle AdvancedAdvT has sweetened its bid for advertising group M&C Saatchi with a partial cash alternative.
Activist investor Trian takes stake in Unilever as pressure builds on Alan Jope January 23, 2022 Activist hedge fund Trian Partners has reportedly taken a stake in Unilever as investors continue to pile pressure on beleaguered boss Alan Jope.
Intel announces new chipmaking ‘mega-site’ in Ohio January 23, 2022 Intel has announced it will pump $20bn into building a new chip manufacturing site.
Ben & Jerry’s political activism could sabotage potential sale by Unilever, say lawyers January 23, 2022 Lawyers have warned Unilever may struggle to offload ice-cream brand Ben & Jerry’s due to its outspoken left-wing political views and activism, according to reports.
Cohn-backed SPAC readies to take European lottery operator public January 23, 2022 A SPAC backed by former Goldman Sachs president and Trump adviser Gary Cohn is readying to take a European lottery group public in a $9.3bn listing.
ESG shoots up private equity agenda despite dealmakers failing to see financial value January 21, 2022 Sustainability has shot up private equity firms’ decision-making agenda despite a majority of dealmakers not considering it to deliver significant financial value.
Terry Smith rounds again on Unilever and labels failed GSK bids a ‘near death experience’ January 20, 2022 Terry Smith has launched a fresh attack on Unilever’s management as he labelled the failed bid for GSK’s consumer arm a “near death experience”.
Shoppers rack up £3.3bn buy-now-pay-later debt in Christmas spending spree January 20, 2022 Shoppers racked up £3.3bn of debt using buy-now-pay-later (BNPL) products in a spending spree over the Christmas period, new data has revealed.
JPMorgan tops list of European M&A advisers with $301.5bn deals January 20, 2022 JPMorgan has topped a list of European M&A advisers in terms deal-value after working across $301.5bn worth of deals in 2021, according to new data.
