November 21, 2024
Operating Assets

Authentic Brands Group to acquire Champion

Authentic Brands Group, which owns more than 50 global brands including Reebok, Ted Baker, Hunter and Forever 21, announced today (5 June) that it has signed a binding agreement to purchase Champion from US clothing company HanesBrands. The deal is valued at $1.2bn (£940m) and could reach $1.5bn (£1.2bn) through an additional contingent cash consideration

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Operating Assets

Logan Paul ‘Suing’ LA Knight For Theft And Property Damage

Logan Paul may have lost his WWE United States Championship to LA Knight at SummerSlam. However, he’s now looking to get a win in the court of law. Paul took to social media on Monday to reveal he was “suing” Knight not only for theft, but also for property damage. The theft claim comes from

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Operating Assets

Vacant land turned into a memorial garden in Possilpark

Since 2017, Hawthorn Housing Co-Operative has received £80,000 worth of funding from the Scottish Procurement Alliance’s (SPA) Community Benefit Fund (CBF) in partnership with Lintel Trust. The money has been used to revitalise the Possilpark community transforming vacant land into a community and memorial garden. (Image: Holyrood PR) The co-operative has further plans to develop a

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Operating Assets

7 Best Online Trading Platforms

Ads by Money. We may be compensated if you click this ad.Ad *Rates are subject to change. All information provided here is accurate as of July 9, 2024. Online trading platforms let you invest in securities like stocks, bonds, ETFs and mutual funds so you can build an investment portfolio that meets your goals. However,

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Operating Assets

Short-Termism Is The Top Threat To Net Zero

In June, I attended an ESG conference along with a hundred bankers. During the event, the bankers answered a digital poll with two questions that revealed what I believe is the biggest obstacle for cleantech investing and the energy transition. The first question: What is currently your preferred investment term? Almost 75% of the bankers

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Operating Assets

East African Cables to sell assets to support operations

East African Cables is targeting to unlock Sh350 million from the sale of its non-operating assets as it seeks to generate fresh cash to support its operations. At the same time, the Nairobi Securities Exchange (NSE) listed company expects the sale of its Tanzania subsidiary to Msufini; a manufacturer of chlorine and sodium hydroxide to

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Operating Assets

Luxury Home or Vacant Lot? Cook County Assessor Misclassifies Hundreds of Properties, Missing $444M in One Year Alone

This story is a collaboration between the Illinois Answers Project and the Chicago Tribune. Denise Gilmore feels like she’s being taxed out of Humboldt Park. She and her husband, Willie, have lived on Pierce Avenue since 2010, but in 14 years their property tax bill has ballooned more than 60% to $3,319 even though they

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Operating Assets

Securities Transaction Tax (STT)- Features, Tax Rate and Applicability

It is quite common for taxpayers to resort to tax-evading measures to save their tax outflow to the Government. It is necessary for the Government to keep a tab on such measures by having provisions in the law or introducing new provisions / modifying the existing ones in order to curb this practice. When people

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Operating Assets

Inflation: The biggest risk to your long-term wealth

Investors often fear many things when making investment decisions. For some, market volatility and the potential for falling investment values top the list of concerns. However, inflation poses the biggest risk to investments and is one of the key metrics that deserves your full attention. It is surprisingly easy to become accustomed to high inflation.

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Operating Assets

PHOENIX Closes Acquisition of Retail Operating Assets from Express Inc.

NEW YORK, June 25, 2024 /PRNewswire/ — PHOENIX, a newly formed DTC platform led by WHP Global in collaboration with an affiliate of Simon Property Group, Brookfield Properties, and Centennial Real Estate, announced today the successful acquisition of the majority of Express Inc.’s retail operating assets. PHOENIX now operates all retail and ecommerce in the United

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