Jeffrey oversees the Asia-Pacific region for Reuters Breakingviews from Melbourne, after having previously done so from Hong Kong. He first joined Breakingviews in London as the global financial crisis began and later spent seven years in New York as U.S. Editor. Before becoming a columnist in 2007, Jeffrey covered banking, M&A, media, technology, international trade and healthcare for Reuters and BNA in New York, Washington, Phoenix and across Europe. He has a master's in journalism from Columbia University and a bachelor's in finance from the George Washington University.
Jakob Stausholm is spraying the miner’s shareholders with a hardy $9.1 bln in dividends after his first six months in the job. There’s also plenty to splash out on projects like Serbian lithium. Despite the mopping up required in ESG and beyond, the financial plumbing is sound.
It rejected a $17 bln takeover proposal despite the hefty premium on offer. The airport operator reckons it can land post-pandemic value unaided. Any bid sweetener would require an even rosier view of travel, turning the deal into a stark proxy for fuzzy recovery prospects.
Grocery chain Woolworths is in the final stages of demerging its liquor shops, pubs and poker machines. Independence should help the Endeavour arm, perhaps worth A$13 bln, grow faster. How shareholders respond will help distill attitudes on the tricky social aspects of investing.