Billionaire Issa brothers who bought Asda for £7bn look poised to make a takeover bid for Caffe Nero after buying up £140m of the chain’s debt Mohsin, 49, and Zuber Issa, 48, could be due to make takeover bid for Caffe Nero The billionaire brothers have bought around £140m of the company’s debt Caffe Nero … Read more
Billionaire Issa brothers who bought Asda for £7bn look poised to make a takeover bid for Caffe Nero after buying up £140m of the chain’s debt Mohsin, 49, and Zuber Issa, 48, could be due to make takeover bid for Caffe Nero The billionaire brothers have bought around £140m of the company’s debt Caffe Nero … Read more
Office cleaning firm OCS in takeover talks with US private equity firm linked to ex-Tesco boss Terry Leahy Family firm OCS is working with advisers from Lazard on ‘strategic options’ Clayton Dubilier & Rice may be the private equity firm in talks with OCS owners Clayton employs Sir Terry as an adviser By Ben Harrington … Read more
Around 45,000 investors in the now-defunct peer-to-peer lender RateSetter have had their accounts closed and their money returned after it was taken over by Metro Bank last August. Customers began receiving emails from last Tuesday after the High Street lender in February gave investors two months’ notice that it had bought £384million worth of loans … Read more
Around 45,000 investors in the now-defunct peer-to-peer lender RateSetter have had their accounts closed and their money returned after it was taken over by Metro Bank last August. Customers began receiving emails from last Tuesday after the High Street lender in February gave investors two months’ notice that it had bought £384million worth of loans … Read more
STOCK WATCH: Now who’s favourite in William Hill takeover? By Alex Lawson For The Mail On Sunday Published: 22:31 BST, 10 April 2021 | Updated: 23:01 BST, 10 April 2021 Investors in William Hill are on tenterhooks after another week without a judgment on the scheme of arrangement to complete the £2.9billion sale to US … Read more
Penguin’s £1.6bn takeover of US publishing rival to be probed amid competition concerns By Daily Mail City & Finance Reporter Published: 21:50 GMT, 22 March 2021 | Updated: 21:50 GMT, 22 March 2021 Competition concerns: Pengion Random house paid £1.6bn for Simon & Schuster Penguin Random House’s £1.6billion takeover of a US publishing rival is to … Read more
Telit Communications comes under fire from some shareholders after it rekindles talks with Dbay Advisers about £280m takeover By Ben Harrington, Financial Mail on Sunday Published: 21:50 GMT, 20 March 2021 | Updated: 21:50 GMT, 20 March 2021 Telit Communications has come under fire from some of its shareholders after it rekindled talks with Dbay … Read more
Asda boss Roger Burnley departs after the supermarket’s debt-fuelled £7bn takeover By Mark Shapland For The Daily Mail Published: 22:01 GMT, 18 March 2021 | Updated: 22:13 GMT, 18 March 2021 Asda’s boss has announced plans to step down just weeks after the supermarket’s debt fuelled £6.8billion takeover. Roger Burnley, who took charge in 2018, … Read more
Asda will introduce HAIRDRESSERS and nail bars to stores after billionaire brothers’ £6.8bn takeover bid is completed Mohsin and Zuber Issa plan to revive Asda if their £6.8bn takeover goes ahead Food aisles could be cut by a quarter to introduce cafes, hair salons and nail bars The takeover bid is subject to an investigation … Read more