Euro area Economic Confidence rose for the second straight months in may, beating estimates. The highest level in four months. Boosted bywas strengthening Consumer Sentiment and improvements in the retail and construction sector. Greeces gdp contracted by 4. 5 since the prettiest quarter. Economic data for the country shows that quarterly exports fell since the previous quarter. Economic data showed markets are closed in the u. S. And the u. K. Today for the and spring bank respectively. The dax is still higher, up. 3 . The cac 40 is pretty much unchanged. There are some stocks were watching driven by m a news. Bayer is gaining after the sunday times reported they may put forward a new improved offer for monsanto as early as this week. Stocks one of the best reporting. Lets switch of the board and see what is happening in fx markets. It is a delicate a day of Dollar Strength, poise for the biggest monthly jump since september 12 14 on Janet Yellens comments. At the bond look markets be
Coauthor of the new book. Thank you for joining us. You wrote this book with another , sir alex ferguson, the legendary former manager of manchester united. One of the most revered names in football, soccer. What do you to this project as a journalist turned tech investor . I always followed united, not as a raving fan, but i follow them through the years. Working in Silicon Valley, working hard to build support, i was very curious about organizations that had succeeded for a very long time and performed at an extremely high level and particularly those organizations that had been run by one individual, and there are just not that many of them. You have been passed with picking undervalued assets and making them possible. He grew up in scotland, and i grew up in wales. Both of us having outside mentality and also a fair amount of a big work ethic. He is credited with transforming this faltering club into a 3 million public company. What was key to his success, what are the lessons for
Sir michael, thank you so much for joining us. Sir michael it is a pleasure. Emily you wrote this book with another sir, sir alex ferguson, the legendary former manager of manchester united. He is one of the revered names in football, or as we call it, soccer. What drew you to this project as a journalist turned tech investor . Sir michael i always followed united. Not as a raving fan. But as a young boy, i started to follow them and i followed them through the years. But then, working in Silicon Valley, working hard to help build sequoia, i was very curious about organizations that had succeeded for a very long time, and performed at an extremely high level. And particularly those organizations that had been run by one individual. And there just are not that many of them. Emily you both, in your careers, have been tasked with taking undervalued assets and making them profitable. Sir michael he grew up in scotland, and i grew up in wales. Both of us sort of have an outsiders mentality.
Executive board member says the central bank could lose credibility if inflation goals slip. Welcome to countdown. Has just gone 7 00 here in london. In the last hour, it has been reported that france has destroyed the Islamic States command center in raqqa in Northern Syria. Police have a number of raids across france and in neighboring belgium. French president Francois Hollande the u. S. And russia for a new alliance to destroy the Islamic State. We are joined by hans nichols and guy johnson. Some breaking news about french airstrikes and what they have reportedly managed to achieve. Guy a second night of strikes from the french. It appears they are targeting, again, the Northern Syria town of wrapped up. Town of raqqa. It was done once again working with the americans, who are providing targeting information. It appears 10 jets took part in the raid. It appears that Francois Hollande is going to step up this fight against is, and it appears he is once again working with his allies.
Hellman & Friedman “At Home” in Retail Resurgence
Related Stories
May 24, 2021
May 20, 2021
May 20, 2021
At Home Group’s (NYSE: HOME) proposed $2.4 billion take private looks like a zeitgeist transaction on paper.
Hellman & Friedman‘s intent to pay a 17 percent premium for the home decor retailer reflects surging pandemic revenues. A second look at broader themes facing retailers could reveal other tailwinds for the store chain.
The transaction also exemplifies another growing trend. Covid-related backlogs and valuation swings can provide short term tailwinds for firms, but buyers are also looking for targets that match larger investment themes when selecting potential portfolio companies. Here too, At Home Group could represent a banner transaction.