Glencore’s Teck saga continues with shareholders dithering over rival visions April 29, 2023 Teck's withdrawal of its demerger plans from the jeopardy of a shareholder vote this week is only the latest twist in an industry sage.
Glencore’s Teck takeover saga shows coal is just too hot to handle April 24, 2023 Glencore's struggles to win over Teck's shareholders suggest that coal might be too hot for climate-focused investors to accept.
Saga profit expectations ‘well ahead’ of last year but insurance arm weighs down results June 20, 2023 Saga it expects profits to be “well ahead” of the previous year, driven by a strong performance from its ocean cruise and travel section – but its insurance arm continues to weigh it down. The over 50s specialist saw £150m in booked revenue from its travel segment as of this week, 37 per cent ahead [...]
Fresh twist in Manchester United takeover saga as Sheikh Jassim submits fourth bid May 16, 2023 Qatari bidder Sheikh Jassim Bin Hamad Al Thani has made an increased offer for Manchester United in a dramatic attempt to win the takeover battle with Sir Jim Ratcliffe. Sheikh Jassim, the chairman of Qatar Islamic Bank, is understood to have submitted a new bid which values United at a similar price to Ratcliffe but [...]
Binance/FTX saga: How to choose a crypto exchange November 9, 2022 Nigel Green helps to navigate the safest route for choosing the right cryptocurrency exchange.
Saga bolsters board in push to pandemic recovery August 23, 2022 Over 50s specialist Saga has called in three new directors to bolster its leadership team today as it looks push ahead with its recovery from a pandemic slowdown.
Octopus completes Bulb Energy takeover after year-long saga December 21, 2022 Octopus Energy has completed its takeover of fallen rival Bulb, absorbing its 1.5m customers after year-long saga.
Saga on track for profits as pandemic recovery continues July 5, 2022 Over-50s specialist Saga said it was on track to return to profits today as it continues its recovery from a pandemic slump.
Saga to launch new over-50s media brand to capitalise on UK’s ageing population January 24, 2023 Saga is set to launch a new over-50s media brand, the conglomerate’s chief executive told City A.M., as the company looks to capitalise on the UK’s ageing population. Saga, which sells travel, insurance, and financial services to over-50s, is seeking to exploit a “gap in the market” and build a “superbrand for older people” by [...]
Saga looks to sell off insurance business to help pay down £721m debt January 22, 2023 Saga is reportedly seeking to sell its in-house insurance business in a bid to raise £90m to help pay down its huge £721m debt. The London-listed company, which offers cruises, package holidays, insurance, and financial services to the over-50s, is looking for buyers for its underwriting arm, according to The Sunday Times. Any sale of [...]