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Victoria's Secret investor looks to back out of deal

2020-04-23 13:49:00| Daily apparel & textile news and comment - from just-style.com

Sycamore Partners, the private equity firm due to take a majority stake in L Brands' lingerie unit Victoria's Secret, is looking to back out of the deal - news that saw the company's shares sink 15% yesterday (22 April).

Tags: back deal secret investor

 

Barclays Sets 2050 Net Zero Carbon Goal after Investor Pressure

2020-03-31 19:00:00| OGI

Barclays, one of the biggest lenders in Europe to the fossil fuel industry, on March 30 set itself a target to reach "net zero" for its own carbon emissions and the activities it finances by 2050.

Tags: net sets goal pressure

 
 

Occidental Ends Proxy Fight with Activist Investor Carl Icahn

2020-03-25 22:30:00| OGI

In a separate release, Occidental Petroleum also announced another round of deep spending cuts despite already reducing its budget and decreasing its shareholder dividend earlier this month.

Tags: ends fight investor carl

 

The Downside of Crowdfunding That Every Real Estate Investor Should Know

2020-03-10 17:12:00| National Real Estate Investor

Many syndicated investments are structured as LPs or LLCs, limiting potential tax benefits.

Tags: real should know estate

 

Twitter appoints board members from Elliott, new investor Silver Lake

2020-03-09 14:44:00| Telecompaper Headlines

(Telecompaper) Twitter has appointed two new board members, one from activist shareholder Elliott Management, and the other from new investor Silver Lake. The company also announced the formation of a special committee to look into its leadership structure and CEO succession plan, plus a new share buyback programme worth USD 2 billion, helped by money from Silver Lake.

Tags: members board silver lake

 

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