Raiffeisen Considers IPO Of Polish Unit To Raise Cash
Credit Suisse plans to raise about £3bn and cancels Swiss IPO plans. UK car production slumps by nearly a fifth in April as timing of Easter bites - Thursday May 2. UK car manufacturing plummeted by almost a fifth in April, as the timing of Easter ate into the number of production days in the month. Reuters. 2/2. 9. Marks and Spencer reports slump in profit hurt by clothing sales and cost of new food stores - Wednesday 2.
A closed-end fund (CEF) or closed. repurchase agreements are two additional ways to raise additional capital. will have an initial public offering of its shares. Here's a look at how the IPO process unfolds as CNBC explains. An initial public offering—or IPO. The idea is to raise funds and have more liquidity or cash on. Raiffeisen's unit may cost more than EUR 676mn. and PKO may have to to raise capital for the deal. Polish mobile telco P4 considers IPO May 22.
May High street stalwart Marks and Spencer has reported a more than 6. March, hurt by a decline in clothing sales and higher costs from opening new food stores. Pre- tax profit came in at £1.
Food revenue was up 4. Reuters. 3/2. 9. Apple named world’s most value company in tech- dominated Forbes ranking - Tuesday 2. May Tech behemoth Apple has been named the most valuable brand in the world for a seventh consecutive year. The highly- regarded ranking, compiled by Forbes magazine, puts the i.
Phone makers’ brand value at $1. Google, whose brand value has risen $1. Forbes. Tech peer Microsoft nabbed third spot, with a value of $8. Facebook at $7. 3. Consumer goods giant Coca- Cola rounds out the top five with a value of $5. Reuters. 4/2. 9. Diamond ring bought for £1.
Home › Strategy › International position of the WSE. An indication of the strength of the Polish IPO market in 2010 were the successful. Raiffeisen. Turbulent Emerging Market conditions. head of Raiffeisen Research, a unit of. the RCB Company Research Team currently considers the Polish copper.
Monday 2. 2 May A large, diamond ring is expected to fetch £3. Pożyczka Na Mieszkanie Od Rodziny. The “exceptionally- sized” stone was presumed not to be real because 1. Century diamonds were not cut to show off their brilliance like today's gems. And so the owner, unaware of its value, wore it for decades, while doing everything from the shopping to the chores. PA5/2. 9. $1. 10 Basquiat sold by Family who bought it for $1. Friday 1. 9 May Jean- Michel Basquiat’s painting of a skull sold for $1.
Sotheby’s in New York, setting an auction record for American artists and providing a windfall for the daughter of two collectors who purchased it for $1. Getty Images. 6/2. Peppa Pig owner Entertainment One announces 1. Friday 1. 9 May The company that owns the Peppa Pig brand has announced that it is producing 1. The new series will air from spring 2. Szybka Kasa Przez Internet Bez Bik Na Do. Peppa Pig episodes to 3.
Getty. 7/2. 9. Property tycoon who banned 'coloured people because of curry smells' faces legal action - Thursday 1. May A buy- to- let tycoon who banned “coloured people” from his properties “because of curry smells” is facing legal action brought by the equality watchdog. Millionaire Fergus Wilson, who reportedly owns close to 1,0. Kent, sent an email to a local letting agency informing them of the ban. Commission chief executive, Rebecca Hilsenrath, said: “We have asked the court if it agrees with us that Mr Wilson’s lettings policy contains unlawful criteria and, if so, to issue an injunction. As this is now formal legal action we will release further information at a later date.”Gareth Fuller/PA8/2. Nestlé foiled by Cadbury as it loses bid to trademark Kit.
Kat bar - Wednesday 1. May Kit. Kat- maker Nestlé has been foiled again, after a UK Court of Appeal ruled that the consumer goods giant cannot trademark the shape of its popular four- fingered chocolate bar. The ruling is the latest in a long running legal battle between the Swiss- based company and its rival Cadbury. Nestlé argues that the Kit. Kat’s shape is “iconic” and should be protected by law but Cadbury objects. On Wednesday, the Court of Appeal ruled in favour of Cadbury, dismissing the claim. Stock. 9/2. 9. Yorkshire is the best region in the UK for workplace happiness - Tuesday 1.
May The best region in Britain for workplace happiness and satisfaction is Yorkshire and the Humber, according to new research. London only managed to make it to number five for happiness and came bottom for work satisfaction, according to research commissioned by recruitment agency Robert Half. The findings may give pause for thought to many workers in the capital putting up with sky- high property prices in the hope of landing their dream job. Andy Murray funds company behind world's first foldable bike helmet - Monday May 1.
He may be almost unbeatable on the tennis court, but how will Andy Murray fare in the world of investing? On Monday, a company that claims to make the world's first folding bike helmet announced that the tennis pro was one of more than 4. Seedrs. Morpher’s bike helmets fold and unfold, meaning that they can easily be slipped into a bag when not in use, catering to cyclists who find normal helmets cumbersome to carry around. Morpher. 11/2. 9. Morrisons will sell 'wonky avocados' for just 3. Monday as demand hit record levels - Friday May 1. Morrisons will start selling deformed avocados at a third of the average cost of normally- shaped ones as growing demand and reduced harvests from major producers has pushed up prices in recent weeks.
The supermarket said on Friday that it would start selling the misshapen and superficially blemished fruits for 3. UK starting from 1. May until the end of the summer. Morrisons claims that its offer is the cheapest on the UK market and compares to an average retail price of £1.
Morrisons. 12/2. 9. Unilever develops technology to prevent billions of plastic sachets from entering into oceans - Thuesday 1. May Unilever, the consumer goods giant behind brands such as Dove, Ben & Jerry’s and Marmite, is making a big push toward more sustainable packaging. The company sells billions of products in single- use sachets each year, including cosmetics and food products, particularly in developing and emerging markets. It says that it has now developed new technology to recycle them, which will prevent packaging from ending up in our oceans or in landfill.
Through a system called Crea. Solv Process, the plastic from the sachets will be recovered and then used to create new ones for Unilever products – creating a full circular economy approach. Unilever. 13/2. 9.
Euro hits a six- month high after Emmanuel Macron’s French presidential victory - Monday 8 May The euro hit a six- month high against the dollar on Monday and US stock futures briefly touched a record high after Emmanuel Macron won the French presidential election, easily beating anti- EU rival Marine le Pen. Reuters. 14/2. 9. Princess Charlotte's John Lewis cardigan from birthday photo sells out - Tuesday 2 May A knitted yellow John Lewis cardigan adorned with pictures of sheep has sold out after Princess Charlotte was photographed wearing the item, prompting a surge in demand from British parents wanting to dress their offspring like the young royal. John Lewis confirmed that the clothing item sold out online shortly after the photograph was published, although a coordinating prink dress, selling for £1. John Lewis’ website, was still available on Tuesday morning.
HRH The Duchess of Cambridge via Getty Images. Dubai becomes first city in world with own Microsoft font - Monday 1 May Dubai has become the first city in the world to get its own front, the government announced on Sunday. The type face, simply called “Dubai Font”, comes in both Arabic and Latin script and will be available in 2. It was created in partnership with Microsoft and is now available to Microsoft Office 3. Getty. 16/2. 9. Donald Trump administration loses trade battle over tuna as WTO lets Mexico hit US with sanctions - Wednesday April 2.
The US has just lost a major trade battle with Mexico and it revolved around tuna. On Tuesday, the World Trade Organisation ruled that Mexico is allowed to impose $1. US on trade in tuna, ending a years- long dispute. The clash, which dates back to 2. US insisting that any Mexican tuna sold in the US must have a ‘dolphin safe’ guarantee, meaning that no dolphins were killed by fishermen catching the tuna. Reuters. 17/2. 9. Luxury brand LVMH to snap up Christian Dior for £1.
Tuesday 2. 5 April French billionaire Bernard Arnault moved to consolidate control over Christian Dior for about €1. LVMH luxury empire in one of his biggest transactions. Rex. 18/2. 9. Euro and shares rally after Emmanuel Macron wins first voting round of French election - Monday 2. April The euro briefly surged to a five- month high against a basket of currencies late Sunday after centrist candidate Emmanuel Macron won the first round of a hotly contested French election vote, an outcome broadly considered the most market- friendly. Immediately after the vote, the euro surged to $1. November last year, before retreating to around $1.
Barbie out of fashion as Mattel slumps - Friday 2. April Mattel shares took a hit after the world’s largest toy company reported a much worse than expected sales slump dragged down by poor demand for key brands such as Barbie and Fisher- Price.
Shares in the company dropped 6 per cent to $2. New York on Thursday after the toymaker reported a loss of $1. March. Barbie sales, which begun to recover last year after the toymaker introduced new dolls with different body types and skin colours, slipped again with gross sales down 1. AFP/Getty. 20/2. 9. Government to sell Green Investment Bank to Macquarie in £2. Thursday 2. 0 April The British Government said on Thursday it would sell Green Investment Bank to a consortium led by Macquarie Bank in a deal worth £2.
The British Government set up GIB, which backs green projects with public funds, in 2. It has invested more than £2bn in projects such as offshore wind farms and waste management. The Government decided to sell a majority stake in 2. AFP/ Getty Images. Snap election threatens Government plan to finally lower energy bills - Wednesday 1.
April Energy customers face further delays from government in dealing with with soaring bills, MPs heard on Wednesday. Business secretary Greg Clark accused companies of “flagrant mistreatment” and “milking” their customers in a “broken” market, but insisted the snap general election announced by Theresa May on Tuesday meant he would “have to reflect on the timing” to lay out his long- awaited plans for a crackdown. Getty/i. Stockphoto.