Poor old Robert Tchenguiz. Yesterday, the property entrepreneur said he had sold his 6pc shareholding in FirstGroup, the bus and rail company he has been pushing to break itself up by spinning off its US businesses...
Posts tagged: J Sainsbury
Robert Tchenguiz, the property entrepreneur and onetime corporate raider, isn't just content with building a substantial shareholding in FTSE 250-listed bus and rail company FirstGroup.
Today, Aim-listed Ubran Exposure revealed Mr Tchenguiz has built up a 9.15pc shareholding in the property development finance company. Below is the link:..
The City of London should be cranking back into fourth gear this week as the summer holidays come to an end. I guess, then, it isn't surprising that there were plenty of compelling tales in the Sunday newspaper business sections today...
I see former The Sunday Times colleague, Simon Duke, is being rather mean to NM Rothschild banker Majid Ishaq in today's business diary in The Times.
Dukey gently mocks Ishaq, the man in charge of advising Asda on its merger with J Sainsbury, for a potential loss of a multi-million pound success fee after it became clear the CMA is likely to block the mega deal. Below is a link to Simon's piece:..
Now it has become clear why J Sainsbury and Walmart's Asda are attempting to come together: Amazon is having a serious sniff around the UK for a potential acquisition target.
Oliver Shah over The Sunday Times has the skinny on what the giant american tech giant has been looking at, so click on the link below if you missed yesterday's scoop from the intrepid hack:..
Betaville assumes the venerable merchant bank NM Rothschild no longer works for long-time client Wm Morrison after emerging as the sole and lead adviser to Asda/Walmart on its £15 billion merger with J Sainsbury...
Oooops...click on the link below to watch Mike Coupe, chief executive of J Sainsbury, sing "were in the money" on ITV ahead of an interview.
So ... it turns out J Sainsbury is in merger talks with Walmart's Asda to create a £15 billion supermarket giant.
But who "broke" story, arguably one of the biggest UK deal scoops of the year?..