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Rothmans Porsche
Rothmans International plc was a British tobacco manufacturer. Its brands included Rothmans, John Player & Sons, Player's and Dunhill (cigarette), Dunhill. Its international headquarters were in Hill Street, London and its international operations were run from Denham Place in Denham, Buckinghamshire, Denham Village, Buckinghamshire. The company was listed on the London Stock Exchange and was once a constituent of the FTSE 100 Index, but it was acquired by British American Tobacco in 1999. Its business was strongest in Europe and it specialised in premium brands. History The company was founded by Louis Rothman in 1890 as a small kiosk on Fleet Street in London. In 1900 Rothman opened a small showroom in Pall Mall, London, Pall Mall, from where he launched his famous ''Pall Mall'' cigarette brand. His reputation was such that King Edward VII granted Rothmans a Royal Warrant of Appointment (United Kingdom), royal warrant in 1905. Rothmans was first listed on the London Stock Exc ...
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Public Limited Company
A public limited company (legally abbreviated to PLC or plc) is a type of public company under United Kingdom company law, some Commonwealth of Nations, Commonwealth jurisdictions, and the Republic of Ireland. It is a limited liability company whose shares may be freely sold and traded to the public (although a PLC may also be privately held, often by another PLC), with a minimum share capital of £50,000 and usually with the letters PLC after its name. Similar companies in the United States are called Public company, ''publicly traded companies''. Public limited companies will also have a separate legal identity. A PLC can be either an unlisted or listed company on the stock exchanges. In the United Kingdom, a public limited company usually must include the words "public limited company" or the abbreviation "PLC" or "plc" at the end and as part of the legal company name. Welsh companies may instead choose to end their names with , an abbreviation for '. However, some public l ...
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London Stock Exchange
London Stock Exchange (LSE) is a stock exchange in the City of London, England, United Kingdom. , the total market value of all companies trading on LSE was £3.9 trillion. Its current premises are situated in Paternoster Square close to St Paul's Cathedral in the City of London. Since 2007, it has been part of the London Stock Exchange Group (LSEG, that it also lists ()). The LSE was the most-valued stock exchange in Europe from 2003 when records began till Autumn 2022, when the Paris exchange was briefly larger, until the LSE retook its position as Europe’s largest stock exchange 10 days later. History Coffee House The Royal Exchange had been founded by English financier Thomas Gresham and Sir Richard Clough on the model of the Antwerp Bourse. It was opened by Elizabeth I of England in 1571. During the 17th century, stockbrokers were not allowed in the Royal Exchange due to their rude manners. They had to operate from other establishments in the vicinity, notably Jona ...
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Olympic Games
The modern Olympic Games or Olympics (french: link=no, Jeux olympiques) are the leading international sporting events featuring summer and winter sports competitions in which thousands of athletes from around the world participate in a variety of competitions. The Olympic Games are considered the world's foremost sports competition with more than 200 teams, representing sovereign states and territories, participating. The Olympic Games are normally held every four years, and since 1994, have alternated between the Summer and Winter Olympics every two years during the four-year period. Their creation was inspired by the ancient Olympic Games (), held in Olympia, Greece from the 8th century BC to the 4th century AD. Baron Pierre de Coubertin founded the International Olympic Committee (IOC) in 1894, leading to the first modern Games in Athens in 1896. The IOC is the governing body of the Olympic Movement (which encompasses all entities and individuals involved in the Oly ...
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Alfred Dunhill
Alfred Dunhill (30 September 1872 – 2 January 1959) was an English tobacconist, entrepreneur and inventor. He is the progenitor of Alfred Dunhill, Ltd. a London-based luxury goods company owned by Swiss company Richemont and the Dunhill tobacco products company owned by British American Tobacco (now two independently owned entities). From 1893 Dunhill ran a company selling motoring accessories, and in 1902 opened a shop in Mayfair. He developed a pipe designed for motorists in 1904. He opened a tobacconist's shop in St James's in 1907, offering tailored tobacco blends. Shops were opened in New York and Paris in the 1920s. With his international ambitions, Dunhill helped to create the modern luxury goods market. He retired from business in 1929, and married his mistress in 1945, following the death of his wife. Early life Dunhill was born on 30 September 1872 at 2 Church Path, Hornsey, Middlesex. He was the second son of five children of Henry Dunhill (1842–1901), a ma ...
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Carreras Tobacco Company
The House of Carreras was a tobacco business established in London in the nineteenth century by Don José Carreras Ferrer, a nobleman from Spain. It remained an independent company until merging with Rothmans of Pall Mall in November 1958. In 1972 the name was used as the vehicle for the merger of various European tobacco interests to form Rothmans International. History 19th century The antecedents of the Carreras business began trading in the eighteenth century (the company's products and advertising materials consistently bore the motto 'Established 1788'), and forebears of the founder’s family were Spanish apothecaries. The founder of the business was a Spanish nobleman, Don José Carreras Ferrer, who fought in the Peninsular War under the Duke of Wellington (1808–1814). After serving and receiving the highest military honours, it is believed he was obliged to leave Spain on account of his political views. During the early years of the 19th century, Carreras began ...
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Controlling Interest
A controlling interest is an ownership interest in a corporation with enough voting stock shares to prevail in any stockholders' motion. A majority of voting shares (over 50%) is always a controlling interest. When a party holds less than the majority of the voting shares, other present circumstances can be considered to determine whether that party is still considered to hold a controlling ownership interest. In the United States, Delaware corporations have a 2/3 vote requirement for a motion to pass. In theory, this could mean that a controlling interest would have to be over two-thirds of the voting shares. A 2019 study published in the Virginia Law Review said dual-class stock structures, common to newly public technology companies, creates governance risks and costs, including the potential loss of economic value for non-voting shares held by public investors. See also * Consolidation (business) * Holding company * Minority interest In accounting, minority interest (or non ...
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Mergers And Acquisitions
Mergers and acquisitions (M&A) are business transactions in which the ownership of companies, other business organizations, or their operating units are transferred to or consolidated with another company or business organization. As an aspect of strategic management, M&A can allow enterprises to grow or downsize, and change the nature of their business or competitive position. Technically, a is a legal consolidation of two business entities into one, whereas an occurs when one entity takes ownership of another entity's share capital, equity interests or assets. A deal may be euphemistically called a ''merger of equals'' if both CEOs agree that joining together is in the best interest of both of their companies. From a legal and financial point of view, both mergers and acquisitions generally result in the consolidation of assets and liabilities under one entity, and the distinction between the two is not always clear. In most countries, mergers and acquisitions must co ...
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Rembrandt Group
The Rembrandt Group, officially known as Rembrandt Trust (Proprietary) Limited, is a South African tobacco and industrial conglomerate founded by Afrikaner tycoon Dr Anton Rupert who oversaw its eventual transition to the industrial and luxury branded goods sectors. Rembrandt was split into Remgro (an investment company with financial, mining and industrial interests) and Richemont (a Swiss-based luxury goods group). History Dr Rupert originally established the tobacco company "Voorbrand" in the 1940s. He soon renamed it Rembrandt Ltd. The first Rembrandt cigarettes were manufactured in an old flour mill in Paarl. Four years later Rupert introduced the world to the first king-sized cigarette filter. It was a wild success and it was on the back of this and a R1,5 million loan from Sanlam that Rembrandt's vast overseas empire was built. In 1968, it incorporated Remgro as an investment holding company with interests in financial, mining and industrial interests. In 1972, Rembrandt's ...
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Royal Warrant Of Appointment (United Kingdom)
Royal warrants of appointment have been issued since the 15th century to those who supply goods or services to a royal court or certain royal personages. The warrant enables the supplier to advertise the fact that they supply to the royal family, thereby lending prestige to the brand and/or supplier. In the United Kingdom, grants are currently made by the two most senior members of the British royal family to companies or tradespeople who supply goods and services to individuals in the family. Suppliers continue to charge for their goods and services – a royal warrant of appointment does not imply that they provide goods and services free of charge. The warrant is typically advertised on billboards or company hoardings in British English, letter-heads and products by displaying the coat of arms or the heraldic badge of the royal personage as appropriate. Underneath the coat of arms will usually appear the phrase "By Appointment to..." followed by the title and name of the roy ...
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King Edward VII
Edward VII (Albert Edward; 9 November 1841 – 6 May 1910) was King of the United Kingdom of Great Britain and Ireland and Emperor of India, from 22 January 1901 until his death in 1910. The second child and eldest son of Queen Victoria and Prince Albert of Saxe-Coburg and Gotha, and nicknamed "Bertie", Edward was related to royalty throughout Europe. He was Prince of Wales and heir apparent to the British throne for almost 60 years. During the long reign of his mother, he was largely excluded from political influence and came to personify the fashionable, leisured elite. He travelled throughout Britain performing ceremonial public duties and represented Britain on visits abroad. His tours of North America in 1860 and of the Indian subcontinent in 1875 proved popular successes, but despite public approval, his reputation as a playboy prince soured his relationship with his mother. As king, Edward played a role in the modernisation of the British Home Fleet and the reorgan ...
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Cigarette
A cigarette is a narrow cylinder containing a combustible material, typically tobacco, that is rolled into thin paper for smoking. The cigarette is ignited at one end, causing it to smolder; the resulting smoke is orally inhaled via the opposite end. Cigarette smoking is the most common method of tobacco consumption. The term ''cigarette'', as commonly used, refers to a tobacco cigarette, but the word is sometimes used to refer to other substances, such as a cannabis cigarette or an herbal cigarette. A cigarette is distinguished from a cigar by its usually smaller size, use of processed leaf, and paper wrapping, which is typically white. Since the 1920s, scientists and doctors have been able to link smoking with respiratory illness. Researchers have identified negative health effects from smoking cigarettes such as cancer, chronic obstructive pulmonary disease (COPD), heart disease, and other health problems relating to nearly every organ of the body. Nicotine, the psycho ...
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Pall Mall, London
Pall Mall is a street in the St James's area of the City of Westminster, Central London. It connects St James's Street to Trafalgar Square and is a section of the regional A4 road. The street's name is derived from pall-mall, a ball game played there during the 17th century, which in turn is derived from the Italian ''pallamaglio'', literally ball-mallet. The area was built up during the reign of Charles II with fashionable London residences. It is known for high-class shopping in the 18th century until the present, and gentlemen's clubs in the 19th. The Reform, Athenaeum and Travellers Clubs have survived to the 21st century. The War Office was based on Pall Mall during the second half of the 19th century, and the Royal Automobile Club's headquarters have been on the street since 1908. Geography The street is around long and runs east in the St James's area, from St James's Street across Waterloo Place, to the Haymarket and continues as Pall Mall East ...
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