[ad_1] By John-Paul Ford Rojas Updated: 16:51 EDT, 27 September 2024 The value of foreign takeover bids for UK companies has risen by 79 per cent to £74billion so far this year, according to figures. Offers targeting UK firms totalled £102billion in the first nine months of 2024, data from the London Stock Exchange Group…
[ad_1] By Samuel Norman Updated: 17:00 EDT, 25 September 2024 Shares in Rentokil rose after a member of Nelson Peltz’s hedge fund was handed a seat on the royal rat catcher’s board. The FTSE 100 pest control firm, which won contracts at Buckingham Palace in the 1960s, said Trian’s head of research Brian Baldwin will…
[ad_1] By Alex Brummer for the Daily Mail Updated: 17:00 EDT, 23 September 2024 Until quite recently, there was an unhelpful habit of UK company boards rapidly buckling when faced with overseas and private equity takeovers. There would be dire warnings from fee-hungry investment banks that failure to accept seemingly generous offers would breach fiduciary…
[ad_1] By Jessica Clark Updated: 16:51 EDT, 14 September 2024 Royal Mail’s owner has been accused of ‘rewarding failure’ as it plans to boost its boss’s bonus amid a controversial takeover by a Czech tycoon. International Distribution Services (IDS) will this month ask shareholders to approve hiking Martin Seidenberg’s maximum award by £300,000. That could…
[ad_1] 2,800 jobs could be axed in switch to less carbon-intensive electric arc furnaces By John Paul-ford Rojas and Emily Hawkins Updated: 18:14 EDT, 7 September 2024 A £500million state rescue deal for Tata Steel’s Port Talbot plant will be confirmed this week. Business Secretary Jonathan Reynolds will give the Government’s backing for an agreement…
[ad_1] De Beers float could be scuppered by weak demand for natural diamonds By John Abiona Updated: 18:26 EDT, 7 September 2024 Plans to float De Beers could be scuppered by weak demand for natural diamonds. Speculation comes just three months after FTSE 100 miner Anglo American announced its diamond business would be ‘divested or…
[ad_1] By Alex Brummer for the Daily Mail Updated: 18:13 EDT, 7 September 2024 Last month, my 96-year-old relative, an Auschwitz survivor, was finally discharged from the bright new Louisa Martindale building at the Sussex County Hospital after a five-week stay. As so often before, her fighting spirit prevailed over a Covid infection, pneumonia and…
[ad_1] Shareholders sent offer document on June 26 but the document was 140 pages By Jessica Clark Updated: 17:00 EDT, 7 September 2024 Another storm of protest is rising over the controversial takeover of Royal Mail by the Czech billionaire Daniel Kretinsky. The delivery firm’s owner International Distribution Services (IDS) has been slammed for ‘deliberately’…
[ad_1] Remember the Royal Mail? It was back on May 15, when the Tories were in Downing Street, that the flaccid board of International Distribution Services (IDS), owner of the Royal Mail, decided to hand the keys of Britain’s 500-year-old postal service to a Czech billionaire Daniel Kretinsky and his shadowy Slovakian backers J&T. The…
[ad_1] I sell vintage signs and other interesting items online. In May this year, a buyer purchased a rare enamel Duckhams motor oil sign with a working thermometer attached for £365. I posted it using Evri’s next-day delivery service and paid £7.78. A few days later, I was told Evri couldn’t deliver to the buyer’s…