Category - Corporate Finance

• CVC float to hand private equity tycoon £130m
• Aboitiz optimistic on growth prospects for ’24, says exec
• Conservati­ves object to ammunition sale
• SIB’S net profit grows 22.5% in Q1
• Feels ‘above the law’
• Kroger, Albertsons plan to sell additional stores
• Hipgnosis in takeover tussle as UK music investor says it would accept rival bid
• Consumers to EEC: Stop remitting dividends to govt, cushion consumers
• Mercuriadi­s in threat over Hipgnosis songs
• A portrait of arrogance
• Virgin Money takeover moves ‘a step closer’
• Sapura Energy to divest SapuraOMV stake
• Change in China as PwC gets burned in Beijing’s great property bust
• Isla Lipana vows to cooperate with gov’t on MFT probe
• AEV seeks to grow non-power businesses
• City advisers in line for £80m from Virgin Money deal
• RHB Research retains ‘buy’ stance on Axiata with target price of RM3.40
• ILT’s annual revenue is highest ever, profit down
• Houston window and door maker Quanex buys Tyman for £780m
• Suppliers warn against Foodstuffs merger
• Quanex to buy Tyman in £788m deal
• State revenue surpasses 1Q target by 6%
• Parents, teachers unhappy over merger of schools
• Alpine Energy committee chairperso­n dropped
• MBK Partners acquires Geo-Young from Blackstone
• Epic eyes 10% revenue growth this year
• Sony in talks to team with Apollo to bid for Paramount
• Goolsarran maintains that audit report on US$7.4b in Exxon’s expenses lacks structure
• FTC fines PX Mart Co for failing merger condition
• COA: PCGG building 'disposed' last year for P800 million
• Megawide’s core net income hits P269m as revenues rise 26%
• Wipro, Infosys Q4 signals gloom
• RIL Q4 net dips 1.8% on higher expenses; oil revenue surges
• WestProp revenue in 38% jump
• Turnstar anticipate­s a surge in profit
• Axiata unit expects 8% revenue rise from merger
• Rallis India Q4 loss narrows to ₹21 crore
• ESL confronts Sugar Industry Group over unpaid debts
• CCP approves share acquisitio­n in Pakistani food firm
• ‘India a beacon of excellence within our APAC operations’