Page 2 - Will Samuel News Today

Last modified on Wed 19 May 2021 09.44 EDT The private-equity firm KKR has agreed to buy the UK infrastructure investor John Laing, which has stakes in Alder Hey children’s hospital in Liverpool and a retirement homebuilding project with McCarthy & Stone, in a deal valued at about £2bn. The takeover values the London-listed firm at 403p a share, which represents a 27% premium on the closing price of John Laing stock on 5 May, the day before it confirmed it was in talks with KKR. John La...

Forecasts by the Bank of England of a ‘V’ shaped recovery were met with predictable scepticism as the pandemic made its reappearance early this year. If the latest projections are believed, that is precisely what is going to happen, with output set to soar away by 7.25 per cent this year leaving jobs relatively unscathed. The growth upgrade from the 5 per cent estimate in February is largely based on the assumption that as the economy is unlocked, some 10 per cent of the pent-up savings s...

Business Digest: Winstone Wallboards reaches another milestone 26 Apr, 2021 02:00 AM 12 minutes to read Got business news? Email businessBOP@nzme.co.nz Photo / Getty Images Bay of Plenty Times Taurangas $400 million plasterboard facility has reached another milestone with the final building consent issued. Tauranga City Council has approved a building consent worth more than $105m for the "building envelope", roofing, services and equipment of the new Winstone Wallboards facil...

David Unwin/Stuff Linda Stewart took the reins of the Central Economic Development Agency from its original chief executive Will Samuel in 2017, a year after the Manawatū agency was formed. Central Economic Development Agency chief executive Linda Stewart has resigned to pursue new opportunities. Stewart was a key figure in the development of the Manawatū agency, who took the reins from the original chief executive Will Samuel in 2017 – a year after it was first formed in the amalgamation ...

Former Vanguard chief executive Bill McNabb is set to join the board of Tilney Smith and Williamson. McNabb was appointed as Vanguard's chief executive in 2008, then as chairman in 2010. He served as chief executive for nine years before retiring. He carried on as chairman for a further year, stepping down in 2018.

Tilney Smith & Williamson bags ex-Vanguard boss for board Vanguard AUM grew to $5.3trn under Bill McNabb’s tenure Tilney Smith & Williamson has hired Vanguard’s former chairman and chief executive as a non-executive director. Bill McNabb became CEO of Vanguard, the world’s largest mutual fund manager, in 2008 before retiring from the role in 2017 and continuing as chairman until 2018. During his tenure, assets under management grew almost five-fold to $5.3trn (£3.9trn). Since leaving Van...