Struggling fashion chain French Connection receives £29million takeover bid French Connection is in takeover talks after receiving an approach worth £29m Revealed it received a potential cash offer worth 30p a share from a consortium It marks a 30% hike on the stock’s closing share price of 23.1p on Wednesday By Clare Mccarthy For Mailonline … Read more
Asos to report booming UK sales thanks to return of socialising and its acquisition of Arcadia’s Topshop By Daily Mail City & Finance Reporter Published: 21:50 BST, 11 July 2021 | Updated: 21:50 BST, 11 July 2021 Asos will report booming UK sales this week thanks to the return of socialising and its acquisition of … Read more
Morrisons agrees to £6.3bn takeover: Shock megadeal with billionaire investors is backed by the board The buyers include the US billionaire Koch family and Japanese mogul Masayoshi Son The surprise deal must be ratified by shareholders and could still be trumped by a rival bidder It will mean the London Stock Exchange-listed grocer will now almost … Read more
Morrisons agrees to £6.3bn takeover: Shock megadeal with billionaire investors is backed by the board The buyers include the US billionaire Koch family and Japanese mogul Masayoshi Son The surprise deal must be ratified by shareholders and could still be trumped by a rival bidder It will mean the London Stock Exchange-listed grocer will now almost … Read more
BREAKING: Morrison’s accepts £6.3billion takeover bid from US investment firm just two weeks after supermarket turned down offer from private equity group Morrisons shareholders will receive 254 pence a share under terms of the deal The offer exceeds the £5.52billion proposal from a private equity firm on June 19 The offer represents a premium of 42 … Read more
MPs wade into the Morrisons takeover row, asking regulators whether they may be able to intervene By Daily Mail City & Finance Reporter Published: 22:07 BST, 1 July 2021 | Updated: 22:42 BST, 1 July 2021 MPs have waded into the Morrisons private equity takeover row, asking regulators whether they may be able to intervene. … Read more
Shares in the UK’s biggest supermarkets soared on Monday morning after Morrisons rejected an unsolicited £5.5bn takeover bid from a US private equity giant. Morrisons saw its share price increase by around a third soon after markets opened in London amid projections that a bidding war could be sparked after they turned down the propsal. … Read more
Morrisons rejects £5.5bn takeover approach by private equity firm advised by former Tesco boss Sir Terry Leahy By Neil Craven, Financial Mail on Sunday Published: 21:50 BST, 19 June 2021 | Updated: 21:50 BST, 19 June 2021 Grocery giant Morrisons has rejected a £5.5billion takeover approach by a US private equity firm advised by former … Read more
£1.2bn! Not bad for a second-hand clothes app: Depop bosses to cash in on takeover by US giant Etsy Simon Beckerman, a 47-year-old British-Italian entrepreneur, who was born in Milan and lives in London, founded Depop in 2011 Beckerman is likely to net a tidy profit along with chief executive Maria Raga, other senior employees and … Read more
Gupta faces legal battle over £100m takeover of rival Tata’s speciality steel operations By Daily Mail City & Finance Reporter Published: 23:10 BST, 22 April 2021 | Updated: 23:10 BST, 22 April 2021 Sanjeev Gupta faces a legal battle over his £100million takeover of a rival’s speciality steel operations. The embattled tycoon’s empire bought the … Read more