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Pandora soars after report that PE funds may buy it

Bloomberg Pandora shares soared in Copenhagen on a report that private equity funds are considering buying the beleaguered Danish jewellery maker. The stock added as much as 11 percent, the most since May 2016, after Italian daily Il Sole 24 Ore said KKR and Bain Capital are among private-equity funds that could be studying a dossier on Pandora. Sole, which ...

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A-listers out as Burberry designer makes his debut

Bloomberg For his first collection at Burberry Group Plc, creative director Riccardo Tisci traded star-studded front rows for another sort of hype: the streetwear-inspired “drop.” Tisci opted for an austere presentation in his debut for the British luxury brand, a dramatic change for the former Givenchy designer, whose celebrity clients included Kim Kardashian and Madonna. No A-listers, no parties, just ...

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Abu Dhabi to sell 25% of Spain’s Cepsa in decade’s largest deal

Bloomberg Abu Dhabi is pushing ahead with an initial public offering for Spanish oil company Cia Espanola de Petroleos SAU, in what could be the largest such deal in a decade. The emirate’s Mubadala Investment Co. will offer a stake of at least 25 percent in Cepsa in the fourth quarter, the state-owned investor said on Monday in a statement. ...

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