N+1 and Singer merge July 24, 2012 SMALL and mid cap company advisers Singer Capital Markets and N+1 Brewin yesterday announced plans to merge the two companies into a new business called N+1 Singer, in a tie-up first revealed in City A.M. earlier this year. The deal between the two houses will put the company in the top five corporate advisory and [...]
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 [...]
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 [...]
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 [...]
Business world wins praise in the honours list June 17, 2012 CARPHONE Warehouse founder Charles Dunstone was the sole business leader awarded a knighthood in the Queen’s birthday honours for 2012, announced over the weekend, in a year that saw industry and economic leaders garner just 12 per cent of accolades, down more than a full percentage point from 2011. However, Sir John Parker, chairman of [...]
Given takes up her new role at SuperGroup April 10, 2012 RETAIL veteran Susanne Given took up the newly created role of chief operating officer at SuperGroup yesterday as the fashion house looks to strengthen its management team and boost its presence overseas. The owner of the Superdry fashion label has had a turbulent stock market performance since its successful flotation in 2010. It has been [...]
Bank of America Merrill Lynch fights back in talent stakes April 25, 2012 BANK of America Merrill Lynch (BAML) took the first step towards replenishing talent for its European investment bank yesterday, poaching one of the City’s most senior bankers to be president of Europe and Emerging Markets, and recruiting one of its former charges to co-head its UK corporate broking team. After a period during which the [...]
Jefferies Hoare Govett wins Sirius Minerals April 2, 2012 HOARE Govett, the former RBS broker sold to US investment bank Jefferies, has won a new mandate with Sirius Minerals, the firm looking for potash in Yorkshire. The renamed Jefferies Hoare Govett has been picked as joint broker alongside Macquarie and Liberum. Chris Fraser, managing director and chief executive of Sirius, said: “With its US [...]
Jefferies Hoare Govett wins Sirius Minerals April 2, 2012 HOARE Govett, the former RBS broker sold to US investment bank Jefferies, has won a new mandate with Sirius Minerals, the firm looking for potash in Yorkshire. The renamed Jefferies Hoare Govett has been picked as joint broker alongside Macquarie and Liberum. Chris Fraser, managing director and chief executive of Sirius, said: “With its US [...]
Protesters on the brink as legal bid fails February 22, 2012 PROTESTERS from Occupy London appear set for an angry confrontation with bailiffs after they lost a last-ditch legal bid to preserve their camp outside St Paul’s Cathedral. Yesterday three judges dismissed the activists’ applications for the right to appeal against an earlier eviction order, paving the way for the City of London Corporation to clear [...]