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....Asda is considering a move for the discount chain B&M, in what would be the latest attempt by a major supermarket to diversify in the face of growing competition from cheaper rivals. A takeover of the budget retailer would be expected to cost more than £4bn. ... [Read full article on Guardian ]
Sunday 23rd of July 2017 04:11:01 PM
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....Jimmy Choo shares closed up 17% to 228. 25p after City investors responded positively to the takeover deal. ... [Read full article on Guardian ]
Tuesday 25th of July 2017 08:00:16 AM
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.... It only became large enough to join the FTSE 250 last year, after changing its name from Optimal Payments in 2015. The multibillion-pound all-cash bid was announced alongside its own takeover of a Texan processing company, Merchants’ Choice Payment Solutions, which will give Paysafe access to point-of-sale processing. ... [Read full article on Guardian ]
Friday 21st of July 2017 01:46:49 PM
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....Chief executive Gavin Darby is under pressure to improve the firm’s performance after rejecting a £1. 5bn takeover offer from US rival McCormick last year. ... [Read full article on Guardian ]
Thursday 20th of July 2017 08:29:00 AM
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. A headlong rush into a “politically attractive” trade deal with the US risks exposing British companies to hostile takeovers and handing American firms the upper hand, one of Britain’s leading business figures has warned. ... [Read full article on Guardian ]
Saturday 22nd of July 2017 07:52:58 PM
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.... But, even when one person owns 62% of the shares, the chairman should still command the respect of other shareholders. Are the Murdochs getting rattled by the delays to their takeover bid for Sky?. ... [Read full article on Guardian ]
Thursday 20th of July 2017 06:48:36 PM
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....The supermarket said same day deliveries have jumped in popularity, with 18 per cent growth so far this year. It comes as Amazon made further strides into the grocery market, with a takeover of Whole Foods announced last month. ... [Read full article on Daily Express ]
Monday 24th of July 2017 04:17:00 PM
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Latest Finance News related to Takeover

Tesco launches same day delivery across Britain as supermarket takes on Amazon image
....The supermarket said same day deliveries have jumped in popularity, with 18 per cent growth so far this year. It comes as Amazon made further strides into the grocery market, with a takeover of Whole Foods announced last month. ...
Asda considers bid for B&M that would give it access to local stores image
Source : Guardian [Read Article] Sunday 23rd of July 2017 04:11:01 PM
....Asda is considering a move for the discount chain B&M, in what would be the latest attempt by a major supermarket to diversify in the face of growing competition from cheaper rivals. A takeover of the budget retailer would be expected to cost more than £4bn. ...
British business chief warns against swift US trade deal image
Source : Guardian [Read Article] Saturday 22nd of July 2017 07:52:58 PM
. A headlong rush into a “politically attractive” trade deal with the US risks exposing British companies to hostile takeovers and handing American firms the upper hand, one of Britain’s leading business figures has warned. ...
Private equity houses offer £3bn for payments processor Paysafe image
Source : Guardian [Read Article] Friday 21st of July 2017 01:46:49 PM
.... It only became large enough to join the FTSE 250 last year, after changing its name from Optimal Payments in 2015. The multibillion-pound all-cash bid was announced alongside its own takeover of a Texan processing company, Merchants’ Choice Payment Solutions, which will give Paysafe access to point-of-sale processing. ...
The promise of a new era at Sports Direct must also mean new personnel image
Source : Guardian [Read Article] Thursday 20th of July 2017 06:48:36 PM
.... But, even when one person owns 62% of the shares, the chairman should still command the respect of other shareholders. Are the Murdochs getting rattled by the delays to their takeover bid for Sky?. ...
Mr Kipling maker hit by shoppers' switch to own-label products image
Source : Guardian [Read Article] Thursday 20th of July 2017 08:29:00 AM
....Chief executive Gavin Darby is under pressure to improve the firm’s performance after rejecting a £1. 5bn takeover offer from US rival McCormick last year. ...
Governments have to invest in the fourth industrial revolution | Larry Elliott image
.... This is not entirely convincing either, since one of the core principles of investing is that the biggest profits are reserved for those who seize the opportunities first. Other reasons canvassed for the lack of investment are that cutting-edge companies need less physical capital than they did in the past, and more money in the bank unless somebody comes along with a takeover bid. ...
Rupert Murdoch ‘could use Sky data trove for political ends’ image
Source : Guardian [Read Article] Saturday 15th of July 2017 09:00:03 PM
....One of the “largest and most sophisticated datasets in the country” – including the TV viewing, internet and phone records of 13 million households – could be misused for political purposes if Rupert Murdoch is allowed to proceed with his plan to buy out Sky, six members of the House of Lords claim in a letter to the Observer. The government’s decision on whether to allow the takeover of the broadcaster by Murdoch’s 21st Century Fox may come as early as next week, but a cross-party group of peers led by the film-maker David Puttnam – who was involved in drafting the 2003 Telecommunications Act – have joined forces to highlight what they say is a significant oversight with potentially huge ramifications. ...
Could you spot a bogus Airbnb listing among the genuine ones? image
Source : Guardian [Read Article] Saturday 15th of July 2017 06:00:45 AM
....Prompted by this and several similar stories, Airbnb did start putting warnings on all listings in April this year telling users to only make payments through its own platform. It also required users to use two-step verification of emails to help reduce account takeover, which sees fraudsters taking control of legitimate listings which they then change. ...
Ofcom made serious errors over Murdoch Sky bid, say high-profile MPs image
Source : Guardian [Read Article] Friday 14th of July 2017 03:31:40 PM
....Ed Miliband, the former Labour leader, Sir Vince Cable, the Liberal Democrat leadership candidate, Kenneth Clarke, the former Conservative chancellor, and Lord Falconer, the Labour peer and former lord chancellor, claim in a letter to the government that there was a “fundamental failure” in Ofcom’s investigation into the proposed £11. 7bn takeover of Sky by 21st Century Fox. ...
Post-Brexit London is open for business (no matter how grubby) image
Source : Guardian [Read Article] Thursday 13th of July 2017 06:21:05 PM
.... Then there’s the fact that 2017 is supposed to be the pivotal year for AstraZeneca. The results of a critical trial on a potential blockbuster lung cancer treatment are due soon, setting the stage for the company to prove it was right to reject Pfizer’s takeover bid in 2014 and back its long-term standalone prospects. ...
Rupert Murdoch will not offer new Sky deal to culture secretary image
Source : Guardian [Read Article] Thursday 13th of July 2017 03:18:55 PM
....Rupert Murdoch will not look to strike a deal with the culture secretary, Karen Bradley, to make Sky News more independent and fast-track his £11. 7bn takeover of Sky. ...
Sports Direct buys 26% stake in Game Digital image
Source : Guardian [Read Article] Thursday 13th of July 2017 06:59:54 AM
.... ESports will be an official medal sport at the 2022 Asian Games in China. The stake acquisition will fuel speculation that Sports Direct could pounce on Game with a takeover offer. ...
Indie brewers fight back in bitter row over beer brands' craft credentials image
....However, the Society of Independent Brewers (Siba) begs to differ. The usually good-natured trade body for Britain’s craft brewers has turned from mild to bitter, with Carlsberg’s takeover of the London Fields brewery proving the final straw. ...
Carillion has paid a heavy price for too many risky contracts | Nils Pratley image
....3bn) rights issue, just as they weren’t when a similar sum was raised nine years ago. Involving the Brits, who mostly got the shares via Santander’s past takeovers of Abbey National and Alliance & Leicester, apparently would be too tricky to organise. ...
Bovis sets aside another £3.5m to fix faults with homes image
Source : BBC [Read Article] Thursday 6th of July 2017 07:38:57 AM
....However, it said demand for new homes remained strong, and the average selling price of its homes rose 9% to £277,000. Earlier this year, Bovis was a takeover target for two rivals - Galliford Try and Redrow. ...
Worldpay shareholders should decline its meek merger deal | Nils Pratley image
.... His first attempt to sell the FTSE 100 card processing company deserves to be declined by his own shareholders. On Tuesday, when Worldpay revealed it had received takeover approaches, City analysts speculated the bidding could go as high as 500p a share. ...
Vauxhall takeover by PSA given go-ahead image
Source : BBC [Read Article] Wednesday 5th of July 2017 03:53:20 PM
. The European Commission has given the go-ahead to the takeover of Vauxhall and Opel brands by France's PSA Group, maker of Peugeot and Citroen cars. ...
Worldpay buyout by Vantiv reignites debate over foreign takeovers image
Source : Guardian [Read Article] Wednesday 5th of July 2017 03:04:35 PM
....Worldpay, which handles 40% of all card payments at tills in Britain, has agreed to a £7. 7bn potential takeover by US rival in a move that has rekindled the debate about foreign takeovers. ...
Sir Owen Green obituary image
Source : Guardian [Read Article] Wednesday 5th of July 2017 02:14:17 PM
. One morning early in 1985, on the stroke of nine o’clock, Sir Owen Green, chairman of the industrial behemoth BTR, strode into the elegant central London offices of Dunlop, the tyre and rubber company, and delivered a takeover bid directly into the hands of its newly appointed chairman, Sir Michael Edwardes. ...
FTSE 100 lower despite Worldpay share surge image
Source : BBC [Read Article] Tuesday 4th of July 2017 03:55:15 PM
....Shares in payment processor Worldpay jumped by 27. 7% after it said it had received takeover approaches. ...
Worldpay shares soar further on takeover approaches image
Source : BBC [Read Article] Tuesday 4th of July 2017 02:31:39 PM
. Shares in the payments processing firm Worldpay have jumped 28% after the company said it had attracted takeover interest. ...
£8bn battle looms for credit card processor Worldpay as rivals circle image
. Worldpay, the UK’s largest electronic payment processing group, is the subject of a takeover tussle less than two years after floating on the stock market. ...
Sainsbury's sales sizzle as shoppers snap up paddling pools image
Source : Guardian [Read Article] Tuesday 4th of July 2017 06:53:35 AM
....Coupe said that Sainsbury’s general merchandise and clothing ranges, including Argos, outperformed the market, as its fast track delivery and collect-from-store services recorded a “stellar performance” during the quarter, particularly during the warm weather when customers wanted items such as paddling pools and electric fans on the day. Total sales rose 1% despite the closure of dozens of Argos and Habitat outlets in Homebase stores after the takeover of the DIY chain buy Australian firm Bunnings. ...
Carlsberg buys London Fields Brewery image
Source : Guardian [Read Article] Monday 3rd of July 2017 05:39:11 PM
....But the deal was struck in unique circumstances, with the brewery having been on the market for £1m since last year after founder Jules De Vere Whiteway-Wilkinson was charged with several counts of tax fraud, allegations which he denies. Carlsberg did not disclose the value of the takeover. ...
Nisa denies staff annual bonuses despite hitting performance targets image
. Nisa, the convenience chain that is in takeover talks with Sainsbury’s, has angered several hundred head office staff by denying them annual bonuses despite hitting performance targets. ...
Murdochs or the Enlightenment? Only one will take Britain forward | Will Hutton image
....So if the family can now assure the CMA in an “undertaking in lieu” that it will accept – for a while – obligations to keep Sky News operating impartially, thus addressing those concerns, the CMA can do no other than “advise” the bid go ahead. The only public interest it must enforce is over abuse of market power; the cultural and societal impact of the takeover are beyond its remit. ...
'Tourism is our lifejacket': debt-stricken Greece gets record number of visitors image
.... As the Tsipras government’s first major privatisation, the €1. 2bn deal initially triggered widespread condemnation, with veteran leftists in the two-party coalition privately decrying the “colonial” takeover. ...
Ofcom has concerns about Murdoch power in UK if Sky bid allowed image
Source : Guardian [Read Article] Thursday 29th of June 2017 06:55:06 PM
. Ofcom has published two in-depth reports on 21st Century Fox’s proposed takeover of Sky which demonstrate why it has concerns about the Murdochs’ influence on UK news and politics if the deal goes through. ...
Sky-Fox takeover deal likely to face competition probe image
Source : BBC [Read Article] Thursday 29th of June 2017 04:12:56 PM
. The culture secretary has said she is "minded to" refer Rupert Murdoch's 21st Century Fox takeover of Sky to the competition watchdog. ...
The Tories must rein in Rupert Murdoch and block the Sky deal | Tom Watson image
....That can’t be allowed to happen this time. The Competition and Markets Authority must conduct a thorough review of the proposed Fox takeover, taking all the time it needs to assess its likely impact on the provision of news and entertainment in the UK. ...
Walgreens Boots Alliance scraps plans to buy Rite Aid image
Source : BBC [Read Article] Thursday 29th of June 2017 03:11:33 PM
....2bn (£4bn). Walgreens' planned takeover of Rite Aid was first announced in October 2015. ...
Rupert Murdoch's Sky bid is now very likely to succeed image
Source : Guardian [Read Article] Thursday 29th of June 2017 03:01:16 PM
....One outside risk to 21st Century Fox’s ambitions has been removed completely. Media regulator Ofcom looked at the sexual harassment scandals at Fox News in the US and decided they are not a problem, takeover-wise. ...
Labour MPs warn ministers against ‘grubby deal with Murdochs’ over Sky image
....Labour politicians told ministers “not to do a grubby deal with the Murdochs” in order to push through 21st Century Fox’s £11. 7bn takeover of Sky after Ofcom warned there were serious concerns that any takeover would hand the family increased influence over news and politics in the UK . ...
Sky's the limit? How broadcaster has fared over three decades image
Source : Guardian [Read Article] Thursday 29th of June 2017 11:05:49 AM
....AprilThe European regulator gives Fox’s £11. 7bn proposed takeover of Sky “unconditional approval”, clearing it of any potential competition issues. ...
FCA knows its scrutiny of the investment sector has only just started | Nils Pratley image
....Hurrah, the Co-operative Bank is saved. In truth, a successful recapitalisation never seemed in serious doubt, even when buyers didn’t show up with decent takeover offers. ...
The Guardian view on Murdoch’s Sky plan: a blow to media plurality | Editorial image
....Elected politicians traditionally shied away from picking fights with wealthy media moguls, wary of those who could spill barrelfuls of ink in defence of their arguments. There was a tendency for governments to raise little more than an eyebrow when media takeovers were proposed. ...
Co-op Bank abandons sale talks as it edges towards rescue deal image
Source : Guardian [Read Article] Monday 26th of June 2017 05:25:23 PM
....The extra financing from hedge funds comes four months after the bank had put itself up for sale, weakened by low interest rates and its costly turnaround programme. On Monday the bank announced it had ended any formal takeover talks to focus on the discussions with its existing investors. ...
HBOS fraud victims go unpaid as Lloyds battles Noel Edmonds image
Source : Guardian [Read Article] Monday 26th of June 2017 05:07:52 PM
....The City regulator, the Financial Conduct Authority, is investigating the “extent and nature of the knowledge of these matters within HBOS”. Lloyds has also appointed a retired high court judge to look at whether it investigated the problems in Reading promptly at the time of the takeover and whether it then reported its findings to the authorities. ...
Murdoch's Sky takeover bid: culture secretary's verdict due this week image
....The culture secretary, Karen Bradley, will this week deliver her verdict on whether to greenlight 21st Century Fox’s proposed £11. 7bn takeover of the satellite broadcaster, or refer the deal to the competition authorities for further scrutiny. ...
Nisa members air discontent at prospect of Sainsbury's takeover image
Source : Guardian [Read Article] Friday 23rd of June 2017 06:07:36 PM
. Independent shopkeepers in the Nisa convenience chain are mobilising in an attempt to block a potential £130m takeover by Sainsbury’s. ...
Tesco staff 'shocked' as call centre closure puts 1,100 jobs at risk image
Source : Guardian [Read Article] Wednesday 21st of June 2017 02:05:28 PM
....But the latest changes are part of a cost-cutting drive designed to improve the efficiency of Tesco before its £3. 7bn takeover of Booker, the cash and carry company behind the Londis and Budgens convenience store chains. ...
Fox’s £11.7bn bid for Sky ‘should be referred to competition authorities’ image
....Labour’s deputy leader, Tom Watson, has called on the culture secretary to refer Rupert Murdoch’s proposed £11. 7bn takeover of Sky to the competition authorities for further scrutiny. ...
Whole Foods, then a whole industry? Amazon sinks teeth into supermarkets image
.... In the UK, Tesco was down 5% and Sainsbury’s 4%. Morrisons rose 1%, presumably because it already has a supply agreement with Amazon in the UK and thus could become a takeover target if the US giant also wants to buy a UK chain. ...
Sainsbury's poised to buy Nisa in response to Tesco swoop on Booker image
Source : Guardian [Read Article] Saturday 17th of June 2017 12:35:00 PM
.... It is understood that following talks with potential suitors, which included the Co-op and Morrisons, Nisa is poised to recommend Sainsbury’s to its members as its preferred bidder. Tesco’s takeover of Booker, the wholesaler behind the Londis and Budgens chains, has set a cat among the pigeons in a market where around 80% of the UK’s 41,000-plus convenience stores are still independent or belong to buying groups such as Nisa or Costcutter - known as the “symbol groups” in the industry. ...
Santander and RBS haunted by ghost of financial crisis image
Source : Guardian [Read Article] Wednesday 7th of June 2017 06:00:26 PM
.... Popular is the sixth biggest bank in Spain and has been weighed down by the legacy of bad lending decisions made in the run-up to the financial crisis. Santander – a household name in the UK after its takeover of Abbey National, Alliance & Leicester and Bradford & Bingley – paid just €1 to take over Popular but tapped its shareholders for €7bn (£6bn) to cover the bad debts facing the lender. ...
Advertisers should follow Vodafone's lead after Facebook and Google failures | Nils Pratley image
.... Then came Shawbrook’s confidence-rattling revelation of lending “irregularities” in one division. In the circumstances, you might have expected the board to embrace the takeover approach from Pollen Street, already a 38% owner, plus fellow private equity house BC Partners. ...
Rangers fraud trial: Craig Whyte found not guilty image
Source : BBC [Read Article] Tuesday 6th of June 2017 12:26:41 PM
....Mr Findlay said his client had met the conditions of the sale by paying the debt and investing in the club. He blamed Sir David's advisers, saying they "let him down very badly" in the deal and did not ask where the takeover money was coming from. ...
Compensation at last for Britons burned by Spain’s property crash image
....Guadalupe Sánchez, a lawyer at GM Legal Experts in Alicante, whose firm has handled thousands of cases, accuses the banks of stalling on the agreements, alleging that the longer they delayed the more people would fall outside the 15-year timeframe. She says the banks that took over the savings banks that collapsed in the crash don’t know how much potential debt they incurred during the takeover. ...
WPP needs a big name to follow Sir Martin Sorrell image
Source : Guardian [Read Article] Sunday 4th of June 2017 06:00:16 AM
.... Panmure has a plan, which will dominate its AGM on Thursday. The broker is bracing itself for a takeover from an investment vehicle led by Bob Diamond, the former Barclays boss who was forced out in the wake of the Libor-rigging scandal. ...
Scunthorpe steelworkers enjoy the rewards of act of faith in new owner image
....The rapid recovery has been founded on cost cuts and efficiency measures that, according to hints that hang heavy in the air here, were long overdue. The takeover saved 4,000 jobs and, according to some estimates, up to four times that many in sectors reliant on the steel industry. ...
Selling up or selling out? image
Source : BBC [Read Article] Wednesday 31st of May 2017 11:18:14 PM
....Mondelez, which now owns Green & Black's, says it is committed to the brand's founding philosophy of delivering "great tasting, ethically-sourced chocolate" and has invested significantly in its growth. Natalie Berg, an analyst at Planet Retail, says takeovers of craft brands can work, as long as the acquiring firm takes a hands-off approach. ...
Watchdog probes Tesco-Booker deal image
Source : BBC [Read Article] Tuesday 30th of May 2017 11:54:19 AM
....The competition watchdog has begun an investigation into Tesco's planned £3. 7bn takeover of wholesaler Booker. ...
Dulux owner wins court victory in shareholder battle image
Source : BBC [Read Article] Monday 29th of May 2017 09:01:01 PM
. Dulux paint owner Akzo Nobel has scored a court victory in its battle to fight off an unwanted takeover offer from US rival PPG Industries. ...
The Crusader: Insurance sleuthing finds forgotten cash image
Source : Daily Express [Read Article] Monday 29th of May 2017 01:00:00 PM
.... . But quite how fluid the world of insurance, with its mergers and takeovers, turned out to be still surprised them. ...
EE and Vodafone are UK’s worst mobile providers, says Which? image
Source : Guardian [Read Article] Saturday 27th of May 2017 06:01:20 AM
....Despite its fast 4G service, Which? found that just 20% of EE customers would recommend the company’s services to a friend or family member. The company that was a subject of £12bn takeover by rival BT in 2016, scored poorly for both customer service and value for money. ...
SFO delays decision again on charging Barclays over 2008 fundraising image
.... A high court judge has adjourned the case – which was due to start last Monday and would require former RBS chief executive Fred Goodwin to give evidence - until 7 June to allow settlement attempts. Later in the year, Lloyds Banking Group faces accusations from shareholders that they were not told that HBOS was dependent on emergency funding from the Federal Reserve and the Bank of England at the time of its takeover by Lloyds in 2008. ...
Is M&S being radical enough as it slips out of fashion? | Nils Pratley image
Source : Guardian [Read Article] Wednesday 24th of May 2017 01:40:53 PM
....The risks and rewards, then, are finely balanced. But the French bidder will know how the takeover game is played in the UK: in a tight fight, the surest way to succeed is to put a knock-out offer on the table. ...
Andrea Radrizzani: Italian businessman completes Leeds United takeover image
. Italian businessman Andrea Radrizzani has completed his takeover of Leeds United, ending Massimo Cellino's three-year spell as the club's owner. ...
If London subsidises the rest of the UK, where does that leave Scotland? | Nils Pratley image
.... Like the Co-op Bank, it proclaims its social purpose. And it has experience of takeovers, having absorbed many laggards from within the building society sector over the years. ...
RBS offers £200m to avert court case brought by 9,000 investors image
Source : Guardian [Read Article] Monday 22nd of May 2017 07:15:06 AM
.... At that hearing eight years ago, the Scotsman also made clear he thought it was too simple to blame him for the bank’s collapse, which came a year after the record-breaking tak over of Dutch bank ABN Amro. Goodwin was stripped of his knighthood in 2012 – barely 10 years after being named Forbes business man of the year after the takeover of NatWest. ...
RBS shareholders take battle over cash call to high court image
Source : Guardian [Read Article] Sunday 21st of May 2017 01:03:31 PM
.... Taxpayers still own more than 70% of the bank. Goodwin had been named Forbes business man of the year in 2002 after masterminding the takeover of NatWest but in 2012 was stripped of the knighthood he was awarded in 2004. ...
Facebook fined £94m for 'misleading' EU over WhatsApp takeover image
Source : Guardian [Read Article] Thursday 18th of May 2017 08:56:52 AM
. Facebook has been fined €110m (£94m) by the EU for providing misleading information about its 2014 takeover of WhatsApp. ...
Lloyds claims taxpayers have made £900m profit from bailout image
Source : Guardian [Read Article] Wednesday 17th of May 2017 07:37:15 AM
.... Thanks to the hard work of everyone at Lloyds, we’ve turned the group around,” he said. While the takeover of HBOS is often blamed for the enlarged bank’s problems, Lloyds’ finance director, George Culmer, said the mis-selling of payment protection insurance was also a major issue that required action “right across the bank”. ...
Lloyds reaches landmark as government sells final shares image
Source : Guardian [Read Article] Tuesday 16th of May 2017 04:45:44 PM
.... Once operating in 30 countries, it now remains in just six – leaving it open to concern that it is vulnerable to any economic slowdown in the UK caused by Brexit. Lloyds has a 25% share of UK current accounts, 22% of retail deposits and 21% of mortgages, and as a result of the takeover of credit card company MBNA it will have a 26% share of credit card lending. ...
Will Theresa May defend workers' rights? Don't hold your breath | Nils Pratley image
.... Quoted companies do not communicate with their shareholders in sealed envelopes. They are obliged to publish their financial results and material relating to takeovers and the like via announcements to the stock exchange. ...
Final taxpayer shares in Lloyds Banking Group to be sold off image
Source : Guardian [Read Article] Sunday 14th of May 2017 02:28:48 PM
.... Lloyds has set aside £100m to compensate 64 victims including the TV presenter Noel Edmonds but is facing questions about whether it will be enough. September 2008 A £12bn takeover of HBOS by Lloyds TSB comes just days after the collapse of Lehman Brothers sent shockwaves through financial markets. ...
Just Eat faces competition inquiry over Hungryhouse takeover image
Source : Guardian [Read Article] Wednesday 10th of May 2017 07:38:30 AM
. Just Eat’s proposed takeover of Hungryhouse is facing an in-depth investigation by the competition watchdog over fears restaurants could end up with a worse deal. ...
Akzo Nobel faces Elliott legal bid to oust chairman image
Source : BBC [Read Article] Tuesday 9th of May 2017 07:36:22 AM
....An activist investor in Akzo Nobel is making a legal bid to force the removal of the Dulux paint owner's chairman. Elliott Advisors says Antony Burgmans should be ousted because of the Dutch firm's refusal to enter takeover talks with US rival PPG Industries. ...
China's Alipay takes on Apple in US expansion image
Source : BBC [Read Article] Tuesday 9th of May 2017 07:30:05 AM
.... MoneyGram has about 350,000 outlets in nearly 200 countries. That takeover is under review, and needs regulatory approval from the US Committee on Foreign Investment. ...
'Block Fox bid for Sky', says ex-guest claiming harassment image
.... He is not accused of harassment. Ofcom is examining the proposed takeover of Sky by 21st Century Fox in the light of media plurality and broadcasting standards. ...
Dulux owner Akzo Nobel has shown its colours by rebuffing takeover bids | Nils Pratley image
....So congratulations are due to AkzoNobel, the Dutch firm that bought ICI in 2007 and has owned paint-maker Dulux ever since. It has dismissed US rival PPG’s latest takeover pitch, which is worth €26. ...
Private equity bids $2.5bn for Sydney Morning Herald owner image
. The owner of Australian newspapers including the Sydney Morning Herald is in takeover talks with a North American private equity consortium. ...

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