• Reuters

    Private equity owner of Sauer Brands explores sale of condiments maker, sources say

    The private equity owner of Sauer Brands is exploring a sale of the 137-year-old maker of condiments and spices that could value it at more than $1 billion, including debt, according to people familiar with the matter. Richmond, Virginia-based Sauer, which was founded in 1887 and is known for its Duke's Mayonnaise brand, is working with investment banks Morgan Stanley and William Blair to gauge interest from potential buyers, the sources said, requesting anonymity as the discussions are confidential. Charlotte-based private equity firm Falfurrias Capital Partners is expecting to command a valuation for Sauer equivalent to more than 10 times the company's 12-month earnings before interest, taxes, depreciation and amortization (EBITDA) of over $120 million, the sources said.

  • Evening Standard

    Inside the Matches collapse: London's fashion week stars sent into turmoil and frenzy

    London’s glittering fashion ecosystem has been left reeling after the recent demise of the once-prized luxury retailer, affecting everyone from factories to buyers and stylists. Victoria Moss talks to insiders caught in the crossfire

  • Thomson Reuters StreetEvents

    Q1 2024 ServiceNow Inc Earnings Call

    Q1 2024 ServiceNow Inc Earnings Call