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June 2017

How Index Funds Can Ruin Your Takeover

A bid at a generous 50 percent premium has been thwarted by the people who stood to benefit most.Back in April, drugmaker Stada Arzneimittel AG backed an all-cash takeover from private equity groups Bain Capital LP and Cinven Ltd.Stada management has been left making strange statements that the poll represents a vote of confidence and a mandate…
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Election 2015: What does a billion pounds actually buy the nation?

Or 750,000 eight-session courses of mindfulness therapy, based on figures from the Personal Social Services Research Unit.Military spending, at about £37bn a year, is dwarfed by the NHS's £130bn.With £1bn the government could, for a year, fund 27,000 primary or 22,000 secondary school teachers, says Rebecca Allen, director at Education Datalab, a…
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