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Brooks Brothers owner eyes $13 trillion market with IPO

Bloomberg Jamie Salter always had big ambitions. Though he started Authentic Brands Group Inc with lesser-known consumer names, he spent much of the last decade vacuuming up ailing but widely recognised brands like Barneys New York, Sports Illustrated and Brooks Brothers. Now, he’ll do so in the public eye. Authentic filed paperwork for an initial public offering this week, and ...

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Covid-19: Two senior Cathay executives quit

Bloomberg Two senior executives at Cathay Pacific Airways Ltd have resigned, as the Hong Kong-based carrier continues to battle its way through the coronavirus pandemic with severely reduced flight capacity. Cathay Director Customer Simon Large, who was responsible for managing brand, corporate and marketing communications, as well as loyalty programs, will leave on July 31, according to a company memo ...

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Hungary makes Budapest Airport bid as PM Orban seeks control

Bloomberg The Hungarian government has made a non-binding offer to buy Budapest Airport Zrt, according to people familiar with the matter, as PM Viktor Orban seeks to gain control of what had been one of the fastest growing hubs in the region before the coronavirus pandemic. The offer, which was received by the owners of the airport this week, was ...

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