Candy Crush maker King’s $500m IPO on its way February 18, 2014 The developer of addictive puzzle solving games, King, has confirmed that it's going to market. The company has filed for a $500m initial public offering. It boats 324m monthly unique users, and offers a portfolio of over 180 games. King hopes to list ordinary shares on the New York Stock Exchange with the ticket symbol [...]
Christmas countdown: The best shopping destinations in London, from Tiffany’s on Old Bond St to the Hyper Japan market at Olympia November 11, 2014 London is renowned as one of the great shopping centres of the world, a constantly evolving playground for anyone with money to spend and time to spend it. Whether you’re looking for hip new openings – like those from Bally, Richard James and Hackett – or stalwarts that are guaranteed to come up with [...]
Martin Wheatley undermined China effort – Editor’s Letter October 8, 2014 As the advisers to the Jimmy Choo flotation announce they have enough support to proceed, there is much to be delighted with in the way the new issues market has gone this year. Up to the August break and then pausing until the uncertainty over the Scottish referendum lifted, there has been a constant stream [...]
Fyffes to merge with Chiquita in appealing deal March 10, 2014 TWO OF the world’s largest banana rivals Fyffes and Chiquita unveiled a merger yesterday to create a $1bn (£600m) banana behemoth. US-based Chiquita and Irish-based Fyffes will come together in an all stock deal, creating a new $1.1bn company called ChiquitaFyffes listed on the New York Stock Exchange. The deal, which still requires approval from [...]
The hour-long lunch break: Is it worth taking? December 15, 2014 Even well-known executives aren’t afraid to take some “me time”. Bill Gates and Warren Buffett have been known to take them together. The French often take twice as long as the rest of us (and the Italians longer still), while 20 per cent of Brits claim not to take one at all, according to [...]
Retail investors to be courted in biggest Nordic flotation in years February 18, 2014 ISS, the Danish outsourcing group, intends to attract retail investors to its stock market flotation in Copenhagen, the biggest Nordic flotation in 14 years. “There’s potential to have strong demand,” chief executive Jeff Gravenhorst said yesterday. “The percentage that goes to the retail investor will depend on their appetite.” ISS, which is part-owned by Sweden’s [...]
What the other papers say this morning – 19 March 2014 March 18, 2014 FINANCIAL TIMES Labour pledges power to Scotland The Labour party has pledged more powers for Scotland in an attempt to bolster pro-union support six months before September’s referendum on independence. The prospects for devolution have become a battleground between pro-union campaigners and nationalists who argue that only independence would let Scotland decide its economic destiny. [...]
Suntory time for Jim Beam as Japanese taste for whisky grows January 13, 2014 What with Amec's £1.9bn move for Foster Wheeler and Goldcorp's $2.6bn offer for rival Osisko, today was already shaping up to be the biggest merger Monday in some time. But Japanese investment firm Suntory Holdings just blew everyone out of the water by making a $16bn (£9.74bn) bid for Beam – the NYSE-listed maker of Jim [...]
Man Utd chief: If success-starved Liverpool can still sell shirts we don’t need to worry February 12, 2014 Mirth might be in short supply among Manchester United fans this season but that did not stop executive vice-chairman Ed Woodward making an apparent joke at Liverpool’s expense while announcing financials today. Woodward delivered the pointed quip during an investor conference call while rebutting fears that United’s dreadful recent on-field performance would affect their famous [...]
PokerStars boss David Baazov mulls secondary London listing July 7, 2014 The boss of the world’s biggest-listed online gambling group yesterday flagged his interest in a secondary listing in London or New York. David Baazov, chief executive and chairman of Canadian-quoted Amaya Gaming, said the business was plotting a dual listing in future. He added he was weighing floating shares either on the London Stock Exchange [...]