By Bloomberg Published Apr 29, 2024 L’Occitane International SA’s billionaire owner Reinold Geiger is close to making an offer to take the skin-care company private, according to people familiar with the matter, in a deal that could value the firm at about $7 billion including debt. Bloomberg Geiger is considering making an offer for the … Read more
By Reuters Published Apr 16, 2024 U.S. retail sales increased more than expected in March amid a surge in receipts at online retailers, further evidence that the economy ended the first quarter on solid ground. Reuters The report from the Commerce Department on Monday, which followed news this month of robust employment gains in March … Read more
By Europa Press Translated by Roberta HERRERA Published Apr 8, 2024 The century-old cosmetics firm Puig announced on Monday its intention to go public, seeking to raise over €2.5 billion through a public offering of shares (IPO). This will include the issuance of new shares targeted at qualified investors and a larger offering of existing … Read more
By Bloomberg Published Apr 1, 2024 Gildan Activewear Inc.’s former chief executive officer said he has a strategy to nearly double the clothing maker’s profits by 2028 if he returns to the job — and that investors will be better off with his plan than selling the company to the highest bidder. Glenn Chamandy – … Read more
Indian equities are poised to lure more foreign inflows after the general elections, with the economy’s promising growth prospects and the Federal Reserve’s rate cuts acting as catalysts. That’s the view from Rajiv Batra of JPMorgan Chase & Co., who says global funds’ positioning in India’s $4.3 trillion stock market remains light and investors will … Read more
Hindustan Unilever. Share Price 2421.55 03:59 PM | 28 Feb 2024 16.25(0.68%) Infosys. Share Price 1671.25 03:59 PM | 28 Feb 2024 7.66(0.46%) Tata Consultancy Services. Share Price 4118.95 03:59 PM | 28 Feb 2024 14.56(0.36%) Bharti Airtel. Share Price 1128.75 03:59 PM | 28 Feb 2024 1.25(0.12%) SBI Life Insurance Company. Share Price 1540.20 … Read more
Saudi Arabia’s capital market is very attractive in the eyes of global investors, and the kingdom’s authorities are pushing for more regulation to enhance the market’s accessibility and stability, with the aim of boosting confidence and to attract further international capital inflows, said panellists at the Saudi Capital Market Forum in Riyadh on Tuesday. “We’re … Read more
Translated by Roberta HERRERA Published Feb 14, 2024 Puig is continuing to pave its way to the stock market. The Spanish luxury giant, owner of Carolina Herrera, Jean Paul Gaultier, Paco Rabanne, Nina Ricci, and Charlotte Tilbury, among other brands, has finalized the consortium of banks that will accompany it in its leap to the … Read more
By Bloomberg Published Feb 7, 2024 Permira has hired a trio of banks to assess options including a sale of German fashion retail club Best Secret, which could be valued at more than €4 billion ($4.3 billion) in any exit, according to people familiar with the matter. Bloomberg The private equity firm has chosen Deutsche … Read more
By Bloomberg Published Feb 2, 2024 Amer Sports Inc. stock rose as much as 6.2% above its US initial public offering price after its first-time share sale priced below a marketed range. Arc’teryx Shares in the maker of Wilson tennis rackets and Salomon ski boots were trading at $13.61 each as of 1:14 p.m. on … Read more
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