Private equity giant CVC scores £365m deal to take a 14% stake in rugby’s Six Nations By Daily Mail City & Finance Reporter Published: 22:03 GMT, 11 March 2021 | Updated: 22:03 GMT, 11 March 2021 Private equity giant CVC has struck a deal to take a stake in the Six Nations. The 14 per … Read more
Next snaps up a 25% stake in upmarket fashion brand Reiss for £33m and will lend it £10m to help it recover from the pandemic By Tom Witherow For The Daily Mail Published: 21:52 GMT, 10 March 2021 | Updated: 21:52 GMT, 10 March 2021 Next has bought a 25 per cent stake in upmarket … Read more
Financial technology company Square said Thursday that it has reached an agreement to acquire majority ownership of Tidal, the music streaming service partly owned by Jay-Z. Square – which was founded by Twitter CEO Jack Dorsey in 2009 – will pay $297 million in cash and stock for Tidal. The deal will also see Jay-Z … Read more
US hedge fund snaps up £5bn of home loans: Northern Rock and B&B stake finally sold by UK government By Lucy White For The Daily Mail Published: 21:53 GMT, 26 February 2021 | Updated: 21:53 GMT, 26 February 2021 Britain’s ‘bad bank’ created in the aftermath of the financial crisis has finally sold its remaining … Read more
Hargreaves Lansdown shares slide after co-founder Peter Hargreaves offloads another £300m of his stake in the firm The share sale takes Hargreaves’s total ownership in the firm to less than 20% Co-founder Stephen Lansdown has also downsized his stake in Hargreaves Twelve months ago, Peter Hargreaves sold shares worth about £550m By Harry Wise For … Read more
Openreach boss would back selling a minority stake in the business – if they found the right investor By Matt Oliver For The Daily Mail Published: 22:11 GMT, 22 December 2020 | Updated: 22:25 GMT, 22 December 2020 The boss of BT’s network arm would back selling a minority stake in the business – if … Read more
Guy Hands snaps up stake in Roxi as he returns to music scene for first time since catastrophic 2007 EMI takeover By Daily Mail City & Finance Reporter Published: 21:51 GMT, 7 December 2020 | Updated: 22:13 GMT, 7 December 2020 Veteran investor Guy Hands has joined Kylie Minogue and Robbie Williams as a shareholder … Read more
Vladimir Putin’s daughter’s wedding photos have been leaked as a report claims his son-in-law bought a $380million stake in Russian petrochemical firm for $100 after marrying her. Kirill Shamalov, 38, bought the stake in petrochemicals giant Sibur at a massively reduced rate months after marrying Putin’s younger daughter Katerina, 34, according to the investigation by iStories. … Read more
Revealed: Investors who have taken a stake in Carole and Michael Middleton’s firm Party Pieces are a lingerie tycoon and a sports businessman Lingerie tycoon Steven Bentwood, 62, has taken a hefty stake in Party Pieces He became chief executive of the Carole and Michael Middleton’s online firm Businessman Darryl Eales, 60, who owns Wigan … Read more
Revealed: Investors who have taken a stake in Carole and Michael Middleton’s firm Party Pieces are a lingerie tycoon and a sports businessman Lingerie tycoon Steven Bentwood, 62, has taken a hefty stake in Party Pieces He became chief executive of the Carole and Michael Middleton’s online firm Businessman Darryl Eales, 60, who owns Wigan … Read more