Oliver Gill, the hotshot business hack on The Sunday Telegraph, dug out an interesting line on the weekend about Go-Ahead, the beleguered train operator.
Gill's piece claims Go-Ahead might become a takeover target for FirstGroup after its shares collapsed following news it had hidden £25 million of excess profits from the Treasury. Below is a link to Gill's piece:..
It appears The Sunday Telegraph was bang on the money with it's weekend line about Apollo Global Management coming in for WM Morrison.
So who would have thought it: a potential three-way tussle for Morrisons! Below is the link to the Apollo statement:..
The British Sunday newspaper business sections were really talking up the prospects of a bidding war for WM Morrison now that it has agreed to a £6 billion plus offer from a consortium led by SoftBank-backed Fortress and the Koch family. ..
There was a piece on the front page of yesterday's The Sunday Telegraph business section that caught Betaville's attention as it was eerily similar to Friday's UNCOOKED Alert on J Sainsbury...
So, Entain has been forced to confirm it has received a takeover approach from MGM Resorts at £13.83 a share, valuing the business at just over £8 billion. Below is a link:
Payment companies are in the headlines this Sunday but not necessarily for similar reasons...
Well, it didn't take long for The Sunday Telegraph's splash story about Fred Done's £2.9 billion counterbid to be quashed.
Rival papers, such as City AM and The Times, are quoting spokespeaople or "people close to the situation" as saying the bookie has no interest in mounting a bid for the whole company. Below are the link:..
There are plenty of interesting stories in the British Sunday newspaper sections today, including Neil Craven's piece on the billionaire Issa brothers and their purchase of retail stalwart Asda. Below is the link to Neil's jackanory, which seems to be getting plenty of air time on Twitter this morning:..
Investors in funds run by Lansdowne Partners can sleep a little easier.
A corporate communicator for the hedgie got in touch with little old Betaville to claim the The Sunday Telegraph's line about Lansdowne's interest in buying Virgin Atlantic is "wrong".
Mmmmmmmm...I have pasted the statetment from the Lansdowne lackey below so dear reader you can make your own mind up...
If you weren't able to pick up a copy of the Mail on Sunday today you may not have noticed I had a chat with Sir Stelios about the company's board, the airline's precarious financial position and the possiblity of a cash call.
Sir Stelios was on rumbustious form, so I have pasted the link to the piece below if you missed piece:..