BSkyB nearing deal for its Sky Europe takeover July 21, 2014 BSkyB is reportedly finalising plans to take over its sister companies in Italy and Germany in a deal that could be sealed in coming weeks. The agreement would bolster parent company 21st Century Fox’s $80bn (£47bn) bid, revealed last week, to take over US media conglomerate Time Warner. Fox chairman and chief executive Rupert Murdoch [...]
Career boost? Make use of Secret Santa December 10, 2014 You don’t have to splash too much cash to impress your superiors this Christmas. With the Christmas party season reaching its climax this week, Brits are set to spend over £38m on Secret Santa gifts for their colleagues. And according to our recent poll of workers in the capital, Londoners are among the most [...]
Sky Europe fails to find support for takeover bid July 29, 2014 BSkyB could find itself struggling to persuade Sky Deutschland’s investors to tender their shares as part of its £4.9bn Sky Europe takeover deal, according to the German broadcaster’s largest independent shareholder. Crispin Odey, who controls an eight per cent stake in Sky Deutschland through his hedge fund Odey Asset Management, said he would not accept [...]
Teenager to bid for the top job at Nisa Retail September 21, 2014 HARRIS Aslam, an 18-year-old businessman who runs three convenience stores in Scotland, yesterday launched a bid to be the next chief executive of independent shop supplier Nisa Retail. Aslam currently sits as a non-executive director on Nisa’s board, as well as a youth board director of home improvements retailer B&Q. Nisa’s current chief executive, Neil [...]
Rising defence concerns may boost Chemring September 17, 2014 AEROSPACE and defence technology company Chemring saw its revenues fall in the third quarter, but maintained its financial outlook for the year, as governments reconsider military spending cuts as global instability rises. Chemring, which makes a variety of defence products from ejector seats to plane countermeasure flares against missiles, saw its revenue fall to £77.5m [...]
Sky’s European merger to start in coming days July 23, 2014 BSKYB is expected to announce a multi-billion pound deal tomorrow to take over its sister companies in Italy and Germany, creating a new pay-TV empire in Europe. The so-called Sky Europe deal will see BSkyB, Sky Deutschland and Sky Italia combined to create one of Europe’s largest pay-TV operators, with over 19m subscribers across the [...]
Mapped: Which Phones 4u stores are being shut down? September 23, 2014 PricewaterhouseCoopers has revealed the addresses of the 360-plus Phones 4u stores that are being shut down, and the number of staff being made redundant as the business is wound down. At this stage 1,679 people will lose their jobs, with a further 720 people staying on to help with the wind down. Some [...]
Federer thrashing is final nail in coffin for weary Murray’s hopes November 13, 2014 BRITAIN’S Andy Murray was left to rue a sour end to 2014 after his slender hopes of reaching the ATP World Tour Finals ended in humiliation at the hands of Roger Federer last night in London. Murray was crushed 6-0, 6-1 by world No2 Federer in one of the most one-sided losses of his career, [...]
Finsbury Park becomes one of London’s largest transport hubs as engineering works at King’s Cross continue to overrun December 27, 2014 Avoid Finsbury Park #railway & #underground it's crazy here, stuck in a corridor over 1hr, disorganised chaos #London pic.twitter.com/wLyL1qnSnv — Jim Ewing (@jimewing) December 27, 2014 Finsbury Park station was shut by Network Rail due to "dangerous overcrowding" this afternoon as London was hit by a second day of rail chaos as engineering works around [...]
Best of the Brokers for 06 August 2014 August 5, 2014 To appear in Best of the Brokers, email your research to notes@cityam.com BSKYB Numis keeps its “buy’ rating for BSkyB and raised its target price by 41p to 982p following last week’s strong full-year results and the purchase of Sky Deutschland and Sky Italia from 21st Century Fox. BSkyB forecasts synergy benefits at £200m by [...]