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Ackman's Pershing Square Sees Big Payoff From Allergan Deal
2014-11-26 18:46:10| Biotech - Topix.net
Hedge fund mogul William Ackman told investors they could see a $6 billion payday when he closes the chapter on Allergan Inc., his firm's biggest bet of 2014. One week after Allergan agreed to sell itself to rival Actavis Plc., Ackman wrote in his quarterly investment letter that his Pershing Square Capital Management, the Botox-maker's biggest investor, still owns 26.6 million shares.
Business group attacks A 25m pay deal
2014-11-26 17:43:08| Oil & Gas - Topix.net
A pay deal proposed for the new head of gas explorer BG Group has been branded "excessive and inflammatory" by one of the UK's leading business lobby groups. The Institute of Directors said a A 25m deal for Helge Lund would damage the reputation of UK business if approved at a shareholders' meeting next month.
LVMH shareholders approve Hermes share deal
2014-11-26 14:08:00| Daily apparel & textile news and comment - from just-style.com
Shareholders of French luxury goods companies LVMH have approved plans to redistribute the shares it holds in Herms International to end a long-running legal dispute between the two firms.
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U.S. sugar refiner woes mount as Mexico deal seen choking supply
2014-11-26 06:23:44| Sugar Industry News
NEW YORK, Nov 18 (Reuters) - At first blush, the powerful U.S. sugar industry seemed to clinch a big win last month when U.S. trade authorities struck a deal to restrict rising imports from Mexican rivals.
Tags: mexico
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CAA releases guidance to help UK airports deal with disruptions
2014-11-26 01:00:00| Airport Technology
The UK Civil Aviation Authority (CAA) has released a practice guidance to minimise the impact of disruption on passengers and help the airports to handle it better.
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