Illumina rejects new Roche bid April 2, 2012 ILLUMINA said yesterday its board has unanimously rejected Roche’s increased offer to buy the genetic sequencing company for $51 per share, or $6.7bn (£4.2bn), saying it dramatically undervalued the company. Swiss drugmaker Roche last week raised its offer to buy Illumina from an initial overture of $44.50 per share in an effort to curry support [...]
Illumina rejects new Roche bid April 2, 2012 ILLUMINA said yesterday its board has unanimously rejected Roche’s increased offer to buy the genetic sequencing company for $51 per share, or $6.7bn (£4.2bn), saying it dramatically undervalued the company. Swiss drugmaker Roche last week raised its offer to buy Illumina from an initial overture of $44.50 per share in an effort to curry support [...]
Ex-Dixons boss lands £36m for joining Apple May 27, 2012 JOHN BROWETT, the former boss of Dixons, is to receive a $56m (£36m) golden hello from Apple for taking charge of the tech giant’s network of stores around the world. Browett, who has been at the helm of the struggling British electronics group since 2007, moved to California last month after he was poached by [...]
CITY MOVES | WHO’S SWITCHING JOBS March 14, 2012 KPMG Forensic KPMG has announced the appointment of James Siswick as director of its financial services forensic team. He will help drive the expansion of the firm’s financial crime business, with anti-money laundering and sanctions as his key areas of interest. Siswick joins after fourteen years at Deloitte, where he most recently worked as director [...]
CITY MOVES | WHO’S SWITCHING JOBS March 14, 2012 KPMG Forensic KPMG has announced the appointment of James Siswick as director of its financial services forensic team. He will help drive the expansion of the firm’s financial crime business, with anti-money laundering and sanctions as his key areas of interest. Siswick joins after fourteen years at Deloitte, where he most recently worked as director [...]
Vivek Singh goes to Soho with Cinnamon April 23, 2012 RESTAURANT CINNAMON SOHO 5 Kingly Street, W1B 5PF FOOD *** SERVICE **** ATMOSPHERE *** Cost per person without wine: £40 VIVEK Singh is one of London’s most serious restaurateurs: The Cinnamon Club in Westminster was the first of its type: a deeply elegant, quirky dining room and food to match. The Cinnamon Kitchen followed: a [...]
Strange but good: a slice of Asia in Alicante May 13, 2012 My friend Jo and I did not feel we were en route anywhere nice one recent Friday morning. We were on an EasyJet flight to Alicante, surrounded by stags roaring for more Stella and Jack Daniels. Once in Alicante, a people carrier drove us through a parched landscape that looked a little worse for wear, [...]
A new challenge for Browett January 31, 2012 WE learnt yesterday that Apple had poached John Browett, former chief executive of Dixons, to head their worldwide retail operations. A look at YouGov’s BrandIndex, which tracks public perception of brands, suggests that this could be a good move for both Apple and Browett. Apple have secured themselves a man who kept Dixons as the [...]
CHAMPIONS LEAGUE TIPPING February 14, 2012 A real mouthwatering tie in prospect here with two sides that have underachieved in recent years but are still two of the biggest clubs in European football. AC Milan cruised through the group stages this time around and really held their own in two games against the mighty Barcelona. Last season’s Serie A champions are [...]
CHAMPIONS LEAGUE TIPPING February 20, 2012 THE pick of Tuesday night’s Champions League action sees an under pressure Chelsea side travel to one of the toughest grounds in European football, the Stadio San Paolo. Andre Villas-Boas was supposed to be the new Jose Mourinho but as yet, he’s been unable to get his Chelsea team anywhere near the heights that their [...]