China’s newest coffee chain is no longer “Luckin” for funding

China’s entrepreneurs have made a habit of taking on the established players and now it would appear that a Chinese entrepreneur is ready to take on Starbucks in the Chinese coffee space.

Krispy Kreme owner, JAB, to acquire Pret A Manger

Personally, I find a strange irony in the recent announcement that JAB Holdings, the owner of Krispy Kreme Doughnuts, is buying Pret A Manger from its private equity owners, Bridgepoint, for just under $2bn.

China carries on with its European buying spree

Chinese outbound deal activity continues apace in 2018. So far this year, announced deals involving Chinese acquirors have totalled over USD 50bn and today has seen another deal announced by a Chinese company that will no doubt attract scepticism from European financial media.

Sainsbury’s is “being good to itself” with its proposed acquisition of Asda

The recent announcement that Sainsbury’s has tabled a USD 10bn offer for Asda, the UK supermarket chain owned by US retailing behemoth Walmart, brought back memories of Morrisons USD 7bn takeover of Safeway over 14 years ago, back in 2004.

Elliot Advisers has had a busy week…

I would imagine many CEOs of listed companies are currently sat hoping an activist investor like Elliot Advisers is not currently considering targeting their business.