{
}
Janice Turner will continue as co-chair of the Association of Member Nominated Trustees (AMNT) until the April election, focusing on members' rights and the future of trusteeship. In personnel updates, Andreas Dänzer joins Record as group CIO, Mark Stoeckle becomes CIO at Nikko Asset Management, and Craig Baker transitions to chief investment strategist at Towers Watson.
Deutsche Bank has upgraded Recordati SpA's stock rating from Sell to Hold, maintaining a price target of €52. This change follows a reassessment of the company's valuation after a 12% decline in its stock price, influenced by a private equity stake sale and market dynamics. The analysts now view the risk/reward profile as balanced, with Recordati trading at a forward P/E ratio of 17, slightly below its industry peers.
Angelini Pharma SpA is reportedly in discussions to merge with Recordati SpA, a company owned by CVC Capital Partners Plc. This potential deal aims to create a larger European generic drugmaker, as interest from private equity firms in Recordati has diminished.
Recordati SpA
Companies
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
executive appointments in investment management firms highlight industry shifts and leadership changes
Euro
United States Dollar
Nikko Asset Management Co. Ltd.
BNP Paribas SA
Bridges Fund Management Ltd.
Credit Suisse Strategic Income I
Invesco Ltd.
Alliance Witan Ord
Rebalance Earth CIC
Recordati SpA
Towers Watson Global Equity Focus Fund
DEU
USA
CHE
GBR
Craig Baker
Hiroshi Yoh
Georgia Taylor
Jon Pliner
Janice Turner
Mark Stoeckle
Scott Wolleson
James Hurrell
Show more
10:00 20.03.2025
Deutsche Bank upgrades Recordati stock rating to hold with target at 52 euros
12:26 19.03.2025
angelini pharma explores merger with recordati to expand european presence
14:44 26.11.2024
Trending
Subcategory
Industry Trends
Corporate News
Supply Chain Management
Startups & Entrepreneurship
Global Trade Developments
Government Economic Policies
Industry Mergers & Acquisitions
Retail and Consumer Goods
Financial Scams and Security
Workplace Trends
Venture Capital Investments
Finance Mergers & Acquisitions
Cryptocurrency Trends
Funding Rounds & Investments
Fintech Startups
Emerging Startups
CEO Changes
Market Analysis and Predictions
Consumer Protection Regulations
Corporate Social Responsibility
Countries:
Companies:
Apple Inc.
Google Inc.
NVIDIA Corporation
Delhivery Limited
Ecom Express Ltd.
Alphabet Inc.
OpenAI ERC USD
Ciscom Corp.
ERICSSON - CLASS B
Physicswallah Ltd.
Learning Resources Inc.
MGA Entertainment Inc.
Snap Inc.
Tiktok USD
Semiconductor Manufacturing International Corporation
Hua Hong Semiconductor Ltd.
Spotify Technology S.A.
Dropbox, Inc.
Vimeo, Inc.
Adobe Inc.
Currencies:
United States Dollar
Indian Rupee
Chinese Yuan
Euro
Vietnamese Đồng
New Taiwan Dollar
United Arab Emirates Dirham
Russian Ruble
South Korean Won
Pakistani Rupee
Algerian Dinar
Australian Dollar
Thai Baht
Japanese Yen
Saudi Riyal
People: