Core Viewpoint - Syensqo SA has decided to exercise its make-whole redemption option to redeem €500 million of its senior bonds, indicating a strategic move to manage its financial resources effectively [1][2][3]. Group 1: Redemption Details - The company will redeem all outstanding €500 million bonds with a fixed interest rate of 2.750% due on December 2, 2027, on March 31, 2026 [1][2]. - The redemption amount will include the make-whole redemption amount plus accrued interest, calculated by the Calculation Agent and communicated to bondholders [2]. Group 2: Financial Strategy - The Chief Financial Officer of Syensqo stated that exercising the make-whole option allows for efficient allocation of cash resources, contributing to deleveraging and strengthening the company's investment-grade profile [3]. Group 3: Company Overview - Syensqo is a science company focused on developing innovative solutions that enhance various aspects of life, with a workforce of over 13,000 associates across 30 countries [4]. - The company's innovations aim to contribute to safer, cleaner, and more sustainable products across multiple sectors, including healthcare, consumer goods, and transportation [5].

Core Viewpoint - The Company has announced the purchase of its ordinary shares on the London Stock Exchange, following the authority granted by shareholders at the Annual General Meeting in May 2025 [1] Group 1 - The Company purchased ordinary shares at a price of 20340/399 pence each through Goldman Sachs International [1] - The purchase was executed on 26 February 2026, based on instructions issued by the Company on 17 February 2026 [1] - The announcement regarding the purchase was made on 17 February 2026 [1]

Famous ‘Big Short’ investor Michael Burry has issued a stark warning regarding the structural integrity of Chinese technology stocks, cautioning that most investors do not actually own the companies they believe they are betting on.The ‘Cayman Shell’ VulnerabilityIn a series of recent posts on X and his Substack, Burry—who famously predicted the 2008 housing market crash—detailed a critical legal flaw in the Hong Kong market.He noted that for nearly all major Chinese firms, excluding outliers like BYD or Ha ...

Core Viewpoint - Guardian Metal Resources plc has filed a registration statement for a proposed initial public offering in the United States, indicating its intention to expand its market presence and raise capital for its tungsten exploration projects in Nevada [1]. Company Summary - Guardian Metal Resources plc is a US-focused exploration-stage critical minerals company [1]. - The company has a portfolio of tungsten exploration projects located in Nevada, US [1]. - The proposed IPO will involve the sale of American Depositary Shares (ADSs) offered solely by Guardian Metal [1]. Industry Context - The filing of the registration statement with the U.S. Securities and Exchange Commission (SEC) is a significant step for companies in the critical minerals sector, particularly as demand for such resources continues to grow [1].

Skip to main content Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv Our Standards: The Thomson Reuters Trust Principles., opens new tab Purchase Licensing Rights Read Next Melrose annual revenue up 8% on defence demand Business February 27, 20267:17 AM UTCUpdated ago By Reuters Branding is seen outside the headquarters of GKN in Redditch, Britain, March 12, 2018. REUTERS/Hannah McKay Purchase Licensing Rights, opens new tab Feb 27 (Reuters) - GKN Aerospace own ...

Core Viewpoint - Paramount Skydance is positioned to win the takeover battle for Warner Bros Discovery (WBD) after Netflix withdrew its bid, which was initially valued at $27.75 per share, totaling nearly $83 billion including debt [1][2]. Group 1: Bidding Process - Netflix was invited to increase its bid after Paramount's final offer of $31 per share for the entire WBD business, valuing it at $111 billion including debt [2]. - Warner's board indicated that while it still recommended Netflix's offer, it now viewed Paramount's proposal as "superior," marking a shift in support [3]. - Following this, Netflix announced its withdrawal from the bidding process, stating the deal was "no longer financially attractive" [4]. Group 2: Implications of the Takeover - CEO David Zaslav expressed that Paramount's offer "will create tremendous value," highlighting excitement about the potential merger of Paramount Skydance and WBD [5]. - If the takeover is successful, Paramount would gain control over significant news channels, including CNN and CBS News, raising concerns about media concentration linked to political influences [7]. - A merger would combine two of Hollywood's five legacy studios, enhancing Paramount's content library with popular franchises like Harry Potter, Superman, and Barbie, alongside its existing titles such as Top Gun and The Godfather [8].

Market Overview - Global funds have purchased nearly $2.1 billion of local shares in February, indicating the strongest inflows since June [1] - The rebound follows a record exodus last year, as investors shifted focus to AI-driven markets in the US, China, and South Korea [1] Economic Indicators - The inflow rebound suggests easing pressures on Indian equities, aided by a recent trade deal with the US that alleviated uncertainty for the $5.2 trillion market [2] - Projections indicate a nominal growth rate of about 10% for the economy in fiscal 2027, with corporate earnings expected to grow by approximately 15% [3] Performance Comparison - Despite a positive momentum, Indian equities have underperformed compared to the MSCI Asia Pacific Index, which surged by 25% in 2025 [6] - MSCI India members are trading about 4% below their five-year average price-to-earnings ratio, presenting a potential opportunity for investors [6] Earnings Growth - Sales for FTSE India Index companies increased by 10% year-on-year in the December quarter, while net income rose by 13% [7] - Consensus estimates suggest a 16% earnings growth for over 250 companies in fiscal 2027, supported by a recovery in nominal GDP growth, cyclical recovery in private capex, and sustained consumption momentum [8][7] Sector Preferences - Financial companies are favored by global investors, with recent additions in metals and capital goods sectors [9] - Some investors remain cautious about interpreting the inflows as the beginning of a structural bull run, especially following a significant selloff in India's software and tech sectors, which lost over $50 billion in market value due to AI concerns [9] Investment Sentiment - Foreign funds' buying is partly tactical, influenced by softer US yields and the relative appeal of emerging markets [10] - Global positioning towards India is described as tentative but clear, with a movement back toward neutral weight as valuations become more reasonable and earnings revisions stabilize [10]

Group 1 - The reinsurer experienced a decline in fourth-quarter net profit, which fell to $717 million from $1.05 billion reported in the previous year [1]

Group 1 - The US banking industry has resumed its lending pace to nondepository financial institutions after a slowdown in the third quarter of 2025 [2]

The report card is finally in for Australia’s major companies and the profit results are better than expected.Particularly notable was BHP’s monster profit and those of the four big banks, which all managed to beat market expectations.The result with just a few stragglers left to report is that the ASX 200 added 23.3 points or 0.3% to 9,168.60 points on Friday, with that record close pumping up the index by an impressive 3.7% for the month of February.Consumer stocks one weak pointThere were a few areas of ...