Anthony Fauci, Covea/Exor, Uber pay: Read the latest updates to Corona Capital for insights on the pandemic’s corporate and financial fallout.
PartnerRe from the Agnelli family’s Exor investment vehicle for $9 billion in cash. Covea boss Thierry Derez’s willingness to pay a 38% premium to book value amid a global crisis looked rushed. His attempt to chisel the price now just looks weaselly.as the sale to Covea was purely opportunistic
Some expected Sunak to withdraw support from industries which are reopening, like construction and manufacturing. Others wanted him to scale back a subsidy which theis costing taxpayers 14 billion pounds a month. Instead, Sunak says he will allow furloughed employees to work part-time, while asking employers to share an unspecified proportion of the costs from August.
It was inevitable that Branson would have to show some hurt in return for state support. The bigger question is whether he has much else to offer. As Breakingviews pointed out last month, the 69-year-old runs
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Breakingviews - Corona Capital: Fauci, Covea/Exor, Uber pay(Reuters Breakingviews) - Corona Capital is a daily column updated throughout the day by Breakingviews columnists around the world with short, sharp pandemic-related insights.
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Breakingviews - Corona Capital: Movie theaters, Turkish lira(Reuters Breakingviews) - Corona Capital is a daily column updated throughout the day by Breakingviews columnists around the world with short, sharp pandemic-related insights.
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Corona Capital: Branson, Voda, HK property, DufryConcise views on the pandemic’s corporate and financial fallout. The bearded billionaire may be raiding a thin piggy bank; Vodafone bucks the trend and actually keeps its dividend; the world's priciest commercial property district is changing; and travel retail is in trouble.
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Breakingviews - Corona Capital: Branson, Voda, HK property, Dufry(Reuters Breakingviews) - Corona Capital is a daily column updated throughout the day by Breakingviews columnists around the world with short, sharp pandemic-related insights.
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Breakingviews - Corona Capital: Disneyland, UK funerals, Henkel(Reuters Breakingviews) - Corona Capital is a daily column updated throughout the day by Breakingviews columnists around the world with short, sharp pandemic-related insights.
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Corona Capital: Movie theaters, Turkish liraConcise views on the pandemic’s corporate and financial fallout: A report suggests Amazon.com has run the rule over struggling AMC’s shuttered movie theaters; and Turkey has reversed a short-lived ban on foreign banks trading its currency.
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