Heineken’s resolve to buy out APB tested by the Thais August 8, 2012 Heineken’s resolve to buy out Asia Pacific Breweries (APB) is being tested by a group linked to Thailand’s second-richest man as the fight for a bigger slice of the world’s last growing beer markets intensifies. The surprise counter-offer by a company owned by Charoen Sirivadhanabhakdi’s son-in-law to acquire Fraser and Neave’s direct stake in APB [...]
City Moves | Who’s switching Jobs August 13, 2012 Hill Residential The property development group has appointed Tony Woodman to the position of sales director. He will be responsible for overseeing the company’s increased focused on residential development. Woodman joins from Taylor Wimpey, where he was sales and marketing director. He has also held similar roles at George Wimpey and Laing Homes. Rathbone Investment [...]
Ed Miliband’s populist policies will make the UK’s bad position worse October 1, 2012 OUR political climate currently mirrors our economic situation – bleak and shockingly uninspiring. At a recent breakfast for business leaders in London, a veteran newspaper journalist spoke of the challenge faced across the West as one of “unpopular governments and unconvincing oppositions”. The polls in Britain bear this out. A ComRes poll for the Independent [...]
Ed Miliband’s populist policies will make the UK’s bad position worse October 1, 2012 OUR political climate currently mirrors our economic situation – bleak and shockingly uninspiring. At a recent breakfast for business leaders in London, a veteran newspaper journalist spoke of the challenge faced across the West as one of “unpopular governments and unconvincing oppositions”. The polls in Britain bear this out. A ComRes poll for the Independent [...]
People borrowing more from their family during recession July 15, 2012 SAVINGS have been increasingly squeezed over the last year, households are having a tougher time making ends meet and more people have been forced to borrow from their families, according to research published by Scottish Widows today. In a survey of 1,500 adults aged 18 and over, 54 per cent of women and 45 per [...]
‘Tis the season at One New Change November 20, 2012 Working THE Christmas party circuit like a professional this festive season could give your career, social life and even relationship a helping nudge along if done with grace, style and panache. But let’s face it, it’s tough out there. The discerning society high flyer needs to look super sleek, knowing their Moët & Chandon from [...]
Heineken tops Thai offer in $4.1 bn APB bid July 20, 2012 Heineken NV launched S$5.1bn ($4.1bn) counter-bid for Asia Pacific Breweries (APB) on Friday, beating a surprise offer for the maker of Tiger Beer by a Thai billionaire and setting the stage for a two-way battle. The fight for APB comes amid a wave of industry consolidation and steady growth for emerging-market beer sales. The S$3.8bn [...]
Uncover sordid Soho with the National Trust June 25, 2012 If you thought the National Trust was all country cottages and stately homes, think again, for the guardian of British heritage has released an app that promises to do for London’s red light district what the Kindle did for soft porn page-turner 50 Shades of Grey. Audio app Soho Stories allows you, O intrepid explorer, [...]
Meissner hires co-heads for BofAML Europe June 25, 2012 CHRISTIAN Meissner, the global corporate and investment banking head at Bank of America Merrill Lynch, has appointed two of his former charges to become co-heads of the bank’s investment banking arm for Europe, the Middle East and Africa. Meissner is hiring Diego de Giorgi from Goldman Sachs and is promoting Bob Elfring, with whom he [...]
Merrill broking star Fraser set to step down October 5, 2011 SIMON Fraser, one of the broking stars at Bank of America Merrill Lynch, is retiring from the City at the end of the year. The bank has not yet made an official announcement but Fraser’s clients, which include Man, Meggitt and Capital Shopping Centres, have all been informed. The strong broking business at the firm [...]