Tate & Lyle goes from one lump to two: UK company to split after US private equity firm swoops By Daily Mail City & Finance Reporter Published: 21:50 BST, 12 July 2021 | Updated: 21:50 BST, 12 July 2021 A break-up of Tate & Lyle is under way after a US private equity firm took … Read more
Morrisons bosses in line for a £35million payday if sale to US investment firm goes ahead Supermarket is at the heart of a bidding war as companies try to buy it cheap It emerged that chief executive David Potts stands to make up to £19.6million Trevor Strain would earn a £3.6million payout, which could rise to … Read more
Morrisons bosses in line for a £35million payday if sale to US investment firm goes ahead Supermarket is at the heart of a bidding war as companies try to buy it cheap It emerged that chief executive David Potts stands to make up to £19.6million Trevor Strain would earn a £3.6million payout, which could rise to … Read more
Angelina Jolie in court fight with ex-husband Brad Pitt as she tries to sell her stake in their wine firm By Daily Mail City & Finance Reporter Published: 22:28 BST, 8 July 2021 | Updated: 22:28 BST, 8 July 2021 Angelina Jolie wants to unfreeze the assets so she can sell her stake in Nouvel LLC … Read more
Engineering firm Renishaw calls off its sale after failing to find any suitable buyers By Daily Mail City & Finance Reporter Published: 22:16 BST, 7 July 2021 | Updated: 22:16 BST, 7 July 2021 Engineer Renishaw has called off its sale process after failing to find buyers who fitted the bill. The London-listed company, which … Read more
MoD to take full control of nuclear submarine steel firm amid concerns it could go bust By Daily Mail City & Finance Reporter Published: 22:21 BST, 7 July 2021 | Updated: 22:21 BST, 7 July 2021 A steel company that makes parts for the UK’s nuclear submarine programme is close to being nationalised amid concerns … Read more
Boris Johnson U-turns to confirm national security adviser WILL probe sale of UK microchip maker Newport Wafer Fab to Chinese firm Nexperia – but urges nation not to succumb to ‘anti-China spirit’ saying it would be ‘economically foolhardy’ The PM confirmed Sir Stephen Lovegrove will examine the £63million deal Netherlands-based Nexperia owned by Chinese electronics … Read more
Now China buys up our top microchip maker: Britain’s biggest producer is to be sold to Chinese-owned technology firm despite security fears Nexperia agreed to buy Newport Wafer Fab in a deal said to be worth £63million The South Wales facility manufactures crucial power components for vehicles Ministers were urged to intervene as Nexperia is owned … Read more
Bicycle subscription service Bike Club agrees new funds to ramp up its service after surge in interest from customers By Neil Craven, Financial Mail on Sunday Published: 21:50 BST, 3 July 2021 | Updated: 21:50 BST, 3 July 2021 Bicycle subscription service Bike Club has agreed new funds to ramp up its service after a … Read more
BREAKING: Morrison’s accepts £6.3billion takeover bid from US investment firm just two weeks after supermarket turned down offer from private equity group Morrisons shareholders will receive 254 pence a share under terms of the deal The offer exceeds the £5.52billion proposal from a private equity firm on June 19 The offer represents a premium of 42 … Read more