Six bid for biscuit maker Burton’s October 7, 2013 More than six bidders have tabled offers for Britain’s second largest biscuit maker Burton’s. Apax Partners, Capvest, Charterhouse and Pamplona Capital are understood to be among the private equity firms that have expressed an interest in the company, according to Sky News. The sale of Burton’s which also owns Wagon Wheels and makes biscuits for [...]
City Moves for 01 November 2013 | Who’s switching jobs October 31, 2013 Legal & General Property The property business has announced the appointment of Imogen Ebbs as a senior asset manager to support its limited price inflation income property fund. She was most recently at Lloyds Banking Group, where she was an associate director in its property solutions division. Baker Tilly The accountancy firm has recruited Winn Faria [...]
Review: Ballaro, Haverstock Hill January 7, 2014 RESTAURANT WHERE 154 Haverstock Hill, NW3 2AY Tel: 0207 586 1107 FOOD One Star VALUE One Star ATMOSPHERE Two Stars Cost for two with wine: £130 THERE’S a theory that the range of choices available in our modern, Western lives, while producing a wonderful aggregate effect of driving standards up and prices down, can be [...]
Biscuit maker Burton’s looks for jammy deal August 28, 2013 BRITAIN’S second largest biscuit maker has been put up for sale, with an estimated pricetag of £350m – enough to buy 318m packets of its famous Jammie Dodgers. Burton’s Biscuit Company, which also owns Wagon Wheels and makes biscuits for Cadbury’s, plans to issue an information memorandum to prospective buyers next week. “We can confirm [...]
Just Retirement launches £300m market listing October 17, 2013 LIFE INSURER Just Retirement yesterday became the latest UK company to tap buoyant stock markets after announcing plans to raise £300m in an initial public offering (IPO) The company, which goes head to head with recently floated insurer Partnership in offering enhanced annuities, will launch a road show in the UK and America in the [...]
Vodafone isn’t avoiding UK tax on the sale of its stake in Verizon Wireless September 3, 2013 THE screams of rage, as the statists realise they’re not going to get any money from the sale of Vodafone’s stake in Verizon Wireless, have become deafening. We’ve even seen UKUncut insist quite seriously that £84bn of tax is being avoided (£84bn is the total transaction size, not the profit or the tax). But the [...]
We should be glad that foreign firms want to buy British companies August 20, 2013 THE ABSURDLY nationalist argument over whether foreigners should be allowed to own companies in Britain is raising its ugly head again. Vacuum technology firm Edwards has just been sold to Sweden’s Atlas Copco for £1bn, last month UK engineering giant Invensys was the subject of a £3.4bn takeover by France’s Schneider Electric, and Kentz has [...]
Whitbread to hire Cadbury September 4, 2012 WHITBREAD, the owner of Costa Coffee and Premier Inn, yesterday announced it has poached Nicholas Cadbury to be its new finance director from electronics components group Premier Farnell. Cadbury will succeed Christopher Rogers, who has become managing director of Costa. Rogers’ move, which was announced in April, sparked speculation that Whitbread planned to spin off [...]
Citi’s European rainmaker to lead Takeover Panel January 22, 2013 SENIOR Citigroup banker Philip Robert-Tissot was yesterday named as the incoming head of the UK’s Takeover Panel, putting him in a key position to decide the outcome of acquisitions and influence policy in the area. Robert-Tissot, who made no public comment on his appointment which takes effect on 1 April, succeeds Robert Gillespie, a senior [...]
Whitbread in £51m sale and leaseback of Premier Inns December 18, 2012 HOTEL and restaurant group Whitbread has agreed a £51m sale and leaseback deal on seven Premier Inn sites, as it frees up cash to spend on its expansion. The FTSE 100 firm, which also owns Costa, yesterday said it is to sell the buildings to NFU Mutual and Standard Life Assurance, which will lease them [...]