UNCOOKED ALERT: Phoenix said to ... - Part 2

Dominic "Dom" Walsh, veteran leisure hack on The Times business section, appears to be hearing similar things to little old Betaville on the M&G takeover situation.

This morning Dom reports that Macquarie is rumoured to be talking to multiple insurance companies, such as Phoenix, about mounting a joint bid for M&G, the FTSE 100-listed asset manager.

Fancy that!