McCall bullish over Sarries victory October 21, 2012 SARACENS boss Mark McCall is satisfied his side have gained control of Heineken Cup Pool 1 after claiming a second successive victory. The Sarries director of rugby refused to be downbeat despite missing out on a potential bonus point from Saturday’s 30-13 victory over French outfit Racing Metro 92. Charlie Hodgson kicked 15 points while [...]
Thai’s TCC bids for F&N September 12, 2012 A GROUP linked to Thai billionaire Charoen Sirivadhanabhakdi yesterday made a $7.2bn (£4.5bn) cash offer to take over Fraser and Neave, two weeks ahead of a crucial shareholder vote on Heineken NV’s separate offer for F&N’s key beer business. The offer came after Thai Beverage and TCC Assets, the vehicle linked to the billionaire, increased [...]
3i takes on debt management business in the United States August 2, 2012 PRIVATE equity group 3i yesterday established a debt management business in the United States, taking its fast-growing debt arm past £6.5bn in assets under management. The firm has teamed up with US firm WCAS Fraser Sullivan to establish the business, which will manage or advise 25 funds with exposure to the country’s credit market. London-listed [...]
Derwent London boosted by buoyant West End demand August 22, 2012 DERWENT London yesterday reported better-than-expected half year results, buoyed by strong demand from tech and media firms queuing to take up space in the West End. The developer, which owns swathes of property across Victoria, Fitzrovia and Shoreditch, said it achieved a 4.1 per cent rise in net asset value to 1,770p per share in [...]
Heineken’s APB takeover faces 11th hour threat September 10, 2012 DUTCH beer group Heineken was hit yesterday by the threat of a late challenge to its crucial takeover of the maker of Tiger Beer. Shares in the firm fell on reports that Thai drinks company ThaiBev is looking for a loan of 9bn Singaporean dollars (£4.6bn) to fund a purchase of Fraser & Neave (F&N), [...]
Heineken’s APB takeover faces 11th hour threat September 10, 2012 DUTCH beer group Heineken was hit yesterday by the threat of a late challenge to its crucial takeover of the maker of Tiger Beer. Shares in the firm fell on reports that Thai drinks company ThaiBev is looking for a loan of 9bn Singaporean dollars (£4.6bn) to fund a purchase of Fraser & Neave (F&N), [...]
Heineken’s offer for Tiger Beer faces Thai billionaire challenge August 7, 2012 HEINEKEN’S $6bn (£3.8bn) bid to take full control of Tiger Beer maker Asia Pacific Breweries faces a challenge from a group led by Thai billionaire Charoen Sirivadhanabhakdi, which has lodged a higher bid to increase its stake in APB. Kindest Place Groups, a vehicle owned by Charoen’s son-in-law, yesterday made an unsolicited offer of S$55 [...]
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 [...]
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 [...]