DE BEERS will thrive when it separates from Anglo American, its owner for the past 12 years, the diamond company’s chief executive Al Cook insisted. Insiders believe that De Beers’ plans for the future could include a £4 billion (€3.7 billion) Stock Exchange float or possible outright purchase by a foreign sovereign wealth fund.
PERSIMMON, which has a market value of £4.7 billion (€5.5 billion) and is the UK’s third most-important property developer after Taylor Wimpey and Barratt Homes, is said to be considering a takeover of its competitor Cala.
Owned by Legal & General, the Cala deal would cost around £1 billion (€1.17 billion). CRITERIA CAIXA, CaixaBank’s investment company, and the Real Automobile Club de Catalunya (RACC) are returning to the Barcelona Chamber of Commerce.
They left owing to the business association’s former pro-independence stance and following board changes both will now pay at least €75,000 to occupy Cambra seats. Most Read on Euro Weekly News ONLINE fast fashion retailer Boohoo has given up on plans to pay a £1 million (€1.75 million) bonus to each of its three top executives.
Shareholders have rebelled after sales fell to £1.8 billion (€2.12 billion) and the company racked up a £95 million (€111.
7 million) debt for the financial year that ended in February 2024. PRONOVIAS, famed for its lavish wedding dresses, announced losses of €93.1 million in 2023 following a 9 per cent reduction in sales and setbacks stemming fro.
