News & Press
It’s become an international brand giant with 373 stores in 12 countries and employing 75,000 staff, and this could just be the tip of the iceberg for Primark if the board of Associated British Foods Plc (LON: ABF) capitalize on its growth and decide to Spinoff the crown jewel segment.
According to The Edge, Primark is the epicenter of growth at ABF, but its actual value is not achieved in the company’s current share price due to the weak fundamentals of the other businesses. Therefore Primark’s separation (either through its full or partial Spinoff or sale of other businesses like Sugar and Agriculture) will lead to value creation opportunities for investors.
At least three of America’s biggest defense companies stand to make fortunes for investors after US President Donald Trump ratcheted up war rhetoric and sanctions on the Iranian regime following the Saudi Aramco oil drone strikes last month.
President Trump has even more reason to be furious with Iran after his threat that the US was “locked and loaded.” It has become personal after hackers linked to Iran’s government targeted the President’s 2020 US presidential election bid. Though the President has yet to acknowledge the hack, it is set to further enrage him after the escalation of sanctions on the Gulf state.
It has all the hallmarks of the kind of special situation that encourages any activist investor worth their salt to get out of bed in the morning. The potential of a merger between the under-pressure American-based tire companies Goodyear (NASDAQ: GT) and Cooper (NYSE: CTB) should have sharks circling to take a bite out of them, says The Edge.
A merger of both Goodyear and Cooper may be a big deal for investors who love the well-known brands with decent track records. The rationalization of production facilities by both entities will save $100m over the next three years. Moreover, affordable tire offerings by Cooper, along with high performance Goodyear tires, provide the right mix of product for customers.
He’s hated by the majority of New York sports fans and for good reason, but James Dolan knows exactly what he has in store for loyal followers of the Knicks and the Rangers. Most die-hards will do anything for their favorite teams, and that is exactly what Trump-supporting impresario Dolan is banking on with his plans to offer fans the chance to own them.
By floating MSG Sports on the stock market through Spinning off the beleaguered basketball and hockey teams (the Knicks and Rangers, respectively) into a company separate from his entertainment properties, Dolan is doing what he does best – making money in a bid to unlock further capital for his futuristic, dome-shaped arenas called MSG Spheres.
In an exclusive interview with The Edge, 40-year-old Per Johansson (CIO and founder of Sweden’s Bodenholm Capital AB) keeps a piece of advice in mind that Charlie Munger of Berkshire Hathaway gave him 10 years ago when he is picking staff, and tells why Bodenholm is active in Spinoffs and spends a good proportion of their time researching them.
Since starting Bodenholm Capital in 2015, Per has become the envy of the industry with his passion for nurturing talent and offering outstanding results. When it comes to identifying great companies, Per has a strategy that he relies on every time.
Almost three years ago, as President-elect Donald Trump was courting technology chiefs before taking over the White House, Amazon founder and CEO Jeff Bezos was more than happy to accept an invitation to Trump Tower to talk tech.
But now, given the richest man on the planet has made a very powerful enemy in the President, Bezos could come down to earth with a bump as his plans to land the coveted Pentagon cloud-computing contract could go up in smoke.
If you’re planning to pop the champagne corks as Uber becomes the third-largest IPO on record in what’s being coined the “stampede of unicorns,” it might be worthwhile disregarding the bombastic puffery and taking a step back from the herd.
From the late 1990’s to 2002, dot-com hysteria spelled boom and then game-over after the failure of numerous tech stocks with excessive stock equity valuations crashed, leaving millions of investors seriously out-of-pocket.
As 2020 comes into the picture, The Edge (who provide expertise in Spinoffs and special situations as well as sourcing underperforming companies for activist involvement) believes investors could well be facing yet another round of companies gearing up for failure.
American activist Cruiser Capital has a message for CEO’s and board directors across the country: shareholders are king. Straight-talking Chief Investment Officer Keith Rosenbloom insists boards have forgotten who they are there to represent.
And he says the entire system is “broken” due to a lack of “ownership mentality.”
The serving Chairman and newly appointed CEO of the aluminum giant Arconic, which is facing a class action suit following the deaths of 72 victims in the London Grenfell fire in 2017, is cashing in and could make as much as $20 million in just a year as he takes a smoke-and-mirrors approach to the company’s future.
John Plant, who agreed to a “perpetual” gagging order when he took the helm last month, bought nearly $4 million worth of shares in addition to his $1.6 million base salary in a one-week buying-spree, according to analysts at The Edge, who have been following developments amid his plans for a Spinoff designed to push up the share price.
It’s got the scorch of a blistering Dallas plot: debt, politics, sex, and media-moguls-at-war, which all has the potential to spark a fresh break-up where shareholders are the ultimate winners.
Forget Barbarians at the Gate and welcome to the world of AT&T; the Texas-based American multinational conglomerate, which through its acquisition of Warner Media is now embroiled in scandal that continues to cause fury on Pennsylvania Avenue.