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UPDATE 1-Swann's SSP prices London float at lower end of revised range -Telegraph

SSP Group has priced its London float at 210 pence per share, the bottom of its revised range, giving the owner of Upper Crust and Caffe Ritazza a market valuation of just under 1 billion pounds ($1.7 billion), the Telegraph reported on Wednesday. The price range for SSP's IPO-SSPG.L initial public listing was narrowed twice, with the final refined range between 210 to 215 pence per share, the daily said, without naming sources. ( bit.ly/1zpIKWK. ) The company is headed by retail veteran Kate Swann. The paper had earlier on Tuesday reported that the food and beverage company's price range had been narrowed to between 210 pence per share and 230 pence per share, from between 200 pence per share and 240 pence per share. A spokesman for the company declined to comment. SSP operates food and drink outlets in airports and railway stations in 29 countries. ($1 = 0.5877 British Pounds) (Reporting by Esha Vaish in Bangalore, editing by Louise Heavens and Cynthia Osterman )

KKR plans bid with Australia's PEP for SAI Global - media

Global investment company Kohlberg Kravis Roberts & Co LP has joined with Pacific Equity Partners (PEP) to ready a joint bid for compliance company SAI Global, Australian media reported on Thursday. _0"> The two companies are said to be preparing an offer for the standards, assurance and information business, with a bid expected by the July 15 deadline, the Australian Financial Review said. PEP launched a A$1.1 billion ($1.0 billion) non-binding proposal for SAI in May, but the compliance company said other potential buyers had contacted it and decided to publish information about its business for all those interested. Reuters reported in late June that at least two other parties were interested in acquiring PEP. KKR has earmarked expansion in Australia, although a A$2.90 billion takeover offer for Treasury Wine Estates rejected in May. ($1 = 1.0629 Australian Dollars) (Reporting by Colin Packham; Editing by Richard Pullin )

Paris-based Teleperformance to buy tech firm Aegis USA for $610 mln

India's Essar Global Fund Ltd is selling the U.S. operations of Aegis, its outsourcing and technology portfolio unit, to Paris-based rival Teleperformance SA for $610 million as the European company looks to boost its presence in the United States. _0"> The sale includes Aegis' U.S. operations, the Philippines and Costa Rica. Aegis will retain its BPO business across India, Sri Lanka, Malaysia, Australia, South Africa, Peru, Argentina, Saudi Arabia and the UK, according to a statement by Essar. The business to be acquired represents total annual revenue of $400 million and more than 19,000 full-time employees across 16 centres in the three countries, Teleperformance said in a statement. Buying Aegis U.S. will significantly strengthen the Paris-based company's presence in the healthcare, financial services, travel and hospitality verticals in the United States, the company said. The transaction is expected to close in the third quarter. (Reporting by Nivedit

Both candidates in Indonesia election claim victory; Jokowi ahead in more counts

Both candidates claimed victory in Indonesia's presidential election on Wednesday, suggesting there could be a drawn out constitutional battle to decide who will next lead the world's third-largest democracy. Just a few hours after voting closed, Jakarta governor Joko "Jokowi" Widodo said he had won, based on quick counts of more than 90 percent of the votes. A victory for him would be seen as a triumph for a new breed of politician that has emerged in Southeast Asia's biggest economy, and increase the promise of desperately needed reform in government. But ex-general Prabowo Subianto, the rival candidate viewed as representative of the old guard that flourished under decades of autocratic rule, said other, unnamed, quick counts of votes favoured him. Jokowi, on other hand, named tallies by six pollsters, most regarded as reliable and independent. The included three respected, non-partisan agencies - CSIS, Kompas and Saifulmujani - which provided accurate tal

Emirates finalizes $56 billion order for 150 Boeing 777X planes

Dubai airline Emirates [EMIRA.UL] finalized a $56 billion order to buy 150 Boeing ( id="symbol_BA.N_0"> BA.N ) 777X jets on Wednesday, firming up a commitment made last year, just weeks after scrapping an order with rival planemaker Airbus ( id="symbol_AIR.PA AIR.PA ). _0"> The deal includes purchase rights for an additional 50 airplanes which, if exercised, could increase the value to about $75 billion at list prices, Boeing said in a statement. _1"> "With the order for 150 777Xs, Emirates now has 208 Boeing 777s pending delivery, creating and securing jobs across the supply chain," Emirates president Tim Clark said. The agreement comes days before the Farnborough International Airshow, traditionally an event at which billions of dollars of new plane orders are announced. It follows the surprise cancellation in June of a $16-billion order by Emirates to buy 70 of Airbus' A350 aircraft, which delivered a blow to the European planema

FTSE 100 slips to 2-month lows, Admiral slumps

Britain's top share index fell for a third straight session to a two-month low on Wednesday, with car insurer Admiral sinking after a downbeat trading update. Admiral slumped 5.3 percent, making it the top decliner on the blue-chip FTSE 100 index, after saying revenues fell in the first half of the year and there was no firm evidence of a return to growth in UK car insurance premiums. The company said it planned to launch its first ever bond of up to 200 million pounds ($340 million) to diversify its capital base and help prepare to meet Solvency II regulations in 2016. Oriel Securities repeated its "sell" rating on the stock, while Berenberg said a likely fall in margins was not reflected in current consensus earnings forecasts. "The market will be surprised that Admiral sees a need to raise debt. With the company forecasting falling margins and showing falling turnover, we believe these earnings forecasts will have to come down," Berenberg analyst Peter E

American, Southwest signal solid demand ahead of earnings

American Airlines Group Inc and Southwest Airlines Co forecast growth in an important revenue measure for the second quarter, signaling that demand for air travel is solid during the summer. Unit revenue, also known as passenger revenue per available seat mile, is expected to grow between 5.5 percent and 6.5 percent in the second quarter at American, while Southwest forecast a rise of more than 8 percent. Unit revenue is a gauge of how full planes are and of pricing power. Demand "is as strong as ever," said Bob McAdoo, an airline analyst with investment bank Imperial Capital, who said American gave a stronger-than-expected outlook and that Southwest revenue results were up "meaningfully." Recent profit warnings from European airlines such as Air France-KLM and Lufthansa had raised concern about demand trends, pummeling share prices. Last week, Delta Air Lines said unit revenue for June grew less than it had forecast, citing lower business demand for travel to