He earned global attention for his role in Anatomy of a Fall, winning the Palm Dog prize for best canine performance at Cannes
entertainment2 hours ago
Having built a stake of 25 per cent in the last few months it probably has a ‘blended’ share price of somewhere between 580p-590p. Yesterday the share price plummeted to as low as 439p following the announcement. On the downside the share price should find support at around 430p but the nearside investment losses demonstrate an inexperience that will unsettle market observers.
Given the uncertainty of Qatar’s next move and alternative scenarios it is expected this could open the door for hedge funds to exert heavy downward pressure on the share price.
The unravelling of the deal also leaves Sainsbury with many questions to answer — in particular considering such a highly leveraged transaction and seeking a deal with an inexperienced investor. It is also the second failed bid for the chain within seven months following the exit of CVC Capital Partners.
He earned global attention for his role in Anatomy of a Fall, winning the Palm Dog prize for best canine performance at Cannes
entertainment2 hours ago
Leveraging sleep science to create luxurious sheets
kt network2 hours ago
An Israeli official said the proposal that Hamas approved was a watered-down version of an Egyptian offer and included elements Israel could not accept
world3 hours ago
The status of the UAE as a global business hub is undeniable
kt network3 hours ago
It was scrubbed with less than two hours left in the countdown as the capsule stood poised for blastoff from Nasa's Kennedy Space Centre
space3 hours ago
The International Accounting Standards Board (IASB) operates as an autonomous body within the private sector tasked with developing the International Financial Reporting Standards (IFRS)
kt network3 hours ago
The decision laid down conditions and controls for plant-production practices on small farms, improving marketing opportunities for local products
uae3 hours ago
Abu Dhabi-based airline will also add Bali, Mykonos, Nice, and more as summer destinations
aviation3 hours ago