Investors

Campari €1.2bn Share, Bond Placement To Fund Courvoisier Deal

Italian spirits group Campari has raised €1.2 billion ($1.3 billion) by selling new shares as well as debt that can convert into equity to f...

Japan Brewer Asahi Sets Price For $1.2bn Secondary Offering

Major shareholders in Japanese brewer Asahi Group Holdings will sell 177 billion yen ($1.19 billion) in shares in a secondary offering to overseas investor...

Russia's Magnit Completes $736m Buyback From Foreign Shareholders

Russian retailer Magnit has purchased an additional block of shares from foreign shareholders, completing a buyback worth around $736 million.

Russian Retailer Magnit To Buy Back 7.8% Of Shares In Additional Tender

Russian retailer Magnit said that foreign shareholders had tendered shares representing about 7.8% of the company in an additional, discounted buyback offe...

Unclear How Quickly Diageo Can Fix Problems In Latin America, CEO Says

Diageo chief executive Debra Crew said that it was difficult to predict when the company could clear the inventory issues in Latin America that led to a su...

Dollar General Shares Pop On Vasos' Return As CEO

Shares of Dollar General jumped 8% as investors and analysts drew confidence from the return of former CEO Todd Vasos to the top job to help steer the reta...

LVMH Sales Growth Loses Fizz As Post-Pandemic Splurge Wanes

Luxury goods bellwether LVMH reported a 9% rise in third quarter revenue, marking slower growth as a strong wave of post-pandemic spending eases due t...

Instacart Stock Subdued As Debut Enthusiasm Loses Steam

Instacart shares fell 5% on Wednesday, as the grocery delivery app joined other recent stock market entrants in failing to keep up with their strong gains...