Heineken agrees deal to take control of APB August 3, 2012 Global brewer Heineken agreed a $4bn-plus (£2.6bn) deal today to take control of Asia Pacific Breweries (APB) by agreeing to buy a stake in the Singapore-based brewer from partner Fraser and Neave (F&N) said sources with knowledge of the situation. Heineken had given F&N a deadline of today to agree to a sale, and a [...]
Following arguments that bank regulators have failed, is self-regulation the answer? July 22, 2012 YES Peter Meinertzhagen The main problem with regulation by statutory bodies is that nothing gets done. Witness the inquiry into the fixing of Libor rates. If the governor of the Bank of England could still raise his eyebrows, as in the days of self-regulation, Barclays would have had to act or face the consequences. During [...]
Heineken’s bid for APB moves one step closer September 19, 2012 HEINEKEN’S drawn-out acquisition of the maker of Tiger Beer cleared a major hurdle towards completion yesterday, as the Dutch beer firm announced a truce with its major rival for the deal. ThaiBev said it would vote in favour of Heineken’s purchase of the 40 per cent of Asia Pacific Breweries (APB) owned by drinks firm [...]
Heineken’s bid for APB moves one step closer September 19, 2012 HEINEKEN’S drawn-out acquisition of the maker of Tiger Beer cleared a major hurdle towards completion yesterday, as the Dutch beer firm announced a truce with its major rival for the deal. ThaiBev said it would vote in favour of Heineken’s purchase of the 40 per cent of Asia Pacific Breweries (APB) owned by drinks firm [...]
Hart not best in world yet, says ‘66 hero Banks October 9, 2012 ENGLAND’S only World Cup winning goalkeeper Gordon Banks believes Joe Hart is not yet the world’s finest and has conceded that the lack of a genuine back up to him is a sincere concern. Since succeeding David James as England’s first-choice goalkeeper following the disastrous 2010 World Cup campaign, Hart has developed to the previously [...]
Discount chains lead sales jump August 14, 2012 GROCERS enjoyed a sunny summer with sales growth almost across the board, but led by discount supermarkets, said analyst Kantar Worldpanel yesterday. Grocery sales at the UK’s main stores grew 3.9 per cent as a whole in the 12 weeks to 5 August, compared to a year earlier, reaching nearly £24bn in total. Though discounters [...]
Bolt and Blake ease ahead to set up explosive 200m rematch August 8, 2012 JAMAICAN Usain Bolt and his apprentice Yohan Blake are poised for another explosive clash tonight in the London 2012 men’s 200m final after both Jamaicans strolled through yesterday’s semi-finals. Blake, 22, set the pace by winning his heat in 20.01 seconds, despite slowing to a saunter in the final 50m. But Bolt, who beat his [...]
Who’s switching jobs September 12, 2012 Axa UK Yves Masson has been appointed to the position of chief executive of personal direct and partnerships at the UK division of the insurance and asset management group. He has worked at Axa since 1985, and was most recently chief executive of Axa Direct Assurance. Masson has also previously served as chief executive of [...]
Who’s switching jobs September 12, 2012 Axa UK Yves Masson has been appointed to the position of chief executive of personal direct and partnerships at the UK division of the insurance and asset management group. He has worked at Axa since 1985, and was most recently chief executive of Axa Direct Assurance. Masson has also previously served as chief executive of [...]
N+1 and Singer merge July 24, 2012 SMALL and mid cap company advisers Singer Capital Markets and N+1 Brewin yesterday announced plans to merge the two companies into a new business called N+1 Singer, in a tie-up first revealed in City A.M. earlier this year. The deal between the two houses will put the company in the top five corporate advisory and [...]