Private equity has been swarming all over the London stock market and yesterday Equinti moved one step closer to being swallowed. The little known outsourcing firm – it provides payment services for companies like Easyjet (up 1.1 per cent, or 11p, to 997.8p) – has agreed a £673million deal with New York-based Sirius Capital. It … Read more
MIDAS SHARE TIPS UPDATE: Business park firm Sirius Real Estate proves doubters wrong By Joanne Hart, Financial Mail on Sunday Published: 21:51 GMT, 30 January 2021 | Updated: 21:51 GMT, 30 January 2021 Just like the UK, Germany is in lockdown. Businesses are hurting and a furlough scheme has been extended to the end of … Read more
Sirius Minerals faces legal bid from shareholder group after Anglo’s ‘daylight robbery’ rescue deal By Francesca Washtell For The Daily Mail Published: 21:50 GMT, 7 December 2020 | Updated: 22:12 GMT, 7 December 2020 An influential shareholder organisation is assembling a legal case against Sirius Minerals after thousands of ordinary investors saw their savings and … Read more
Howard Stern in negotiations with Sirius XM on $120M annual deal … as his current contract expires at year’s end Shock jock’s current contract expires at the end of the year He’s estimated to bring in around $80M to $100M annually Sirius XM Jim Meyer is focused on inking the signing before his departure By … Read more
Sirius Minerals boss pocketed £1.3m after agreeing takeover that cost many shareholders their life savings Former chief executive Chris Fraser received £1.3m in bonuses Former finance boss Thomas Staley pocketed a total of nearly £900,000 Fraser and Staley are now running Anglo’s new ‘crop nutrients’ division By Jamie Nimmo For The Financial Mail On Sunday Published: … Read more
The recently posted offer document by £30billion mining giant Anglo-American for the purchase of Sirius Minerals reads like any other. The buyer underlines the generosity of its bid noting the big 34.1 per cent premium to the price on the day of the announced deal, and an even bigger uplift of 61.7 per cent if the … Read more
As crunch time approaches for Sirius Minerals, the fertiliser company boring a massive tunnel underneath the North York Moors, investors have been eagerly snapping up its shares. Sirius is trying to thrash out a financing agreement worth more than £2.5billion with an unnamed major financial institution, which should secure the construction of its Yorkshire polyhalite … Read more