This Heineken / Punch takeover deal appears to be almost done and dusted but I did discover over lunch the other day (that's old school "journalism" for you, I guess) some more detail about the consortium Alan McIntosh was trying to put together to buy the business...
Posts tagged: the times
Sportingbet owner GVC said to be gearing up for next major takeover deal; spokesperson denies interest in £5 billion Playtech merger - part 2
I see one of my favourite ex-Telegraph colleagues, Harry Wilson of The Times, has also noted GVC appears to be preparing for its next major deal by putting debt financing in place.
In case you missed it, here is a link to Harry Wilson's excellent market report column in today's The Times:..
Reuben Brothers approached about backing Emerald Investment Partners' rival Punch bid - sources - part 2
Combing through my copy of The Times this morning I noticed Dom Walsh's story on Punch Taverns corroberated little old Betaville's piece from a few weeks ago about how Alan McIntosh's Emerald consortium had approached the billionaire Reuben brothers to back his consortium bid for the pub company.
Here is a link to the piece in The Times:..
Clearly today's newspapers are dominated by you know who.
However, there was one story in The Daily Telegraph's business section that caught my eye: Ashley Armstrong's piece on how Ranjit Boparan, the entrepreneur known as "The Chicken King", has received a takeover approach for Party Ring, the maker of Fox's Biscuits, from a mystery suitor...
Dom Walsh, one of the best leisure reporters knocking about the UK national newspaper scence, had an intriguing line in his diary column in today's The Times about how Alan McIntosh's consortium hasn't given up on Punch is in talks with C&C Group, maker of Magners, to launch a joint rival bid for the pub company...
I see market reports in both the Financial Times and The Times have dedicated a significant amount of column inchs this morning to the mounting speculation about a potential takeover bid for ITV. Here are links to those respective columns:
It looks like I was barking up the right tree when I re-introduced my "top of the market?" series late last week.
Today, the The Times splashed its business section with a piece about how City analysts fear a major stockmarket sell off in 2017.
In case your interested, I have pasted a link below to the piece, which was written by my former colleague Katherine Griffiths, one of the hardest working hacks I had the pleasure to work with:..
M&A round-up: FT says flurry of big deals fires M&A activity to second highest level since 2007 crisis but, er, The Times says M&A deals fall by half amid global trade fears
It's that time of the year where the data providers go into a a bit of PR frenzy to convince M&A hacks to write stories to use their data for end-of-year round up pieces. It's also that time of the year when M&A hacks unlucky enough to find themselves still in the newsroom are scratching about for a half decent story idea after their boss has yelled at them for copy to fill large, blank spaces on their pages...
Apologies if this a bit late in the day but I think its worthwhile flagging up a rather good scoop written by one of my old colleagues from my time at The Daily Telegraph.
Katherine Griffiths, now Banking Editor at The Times, landed the splash in this morning with her exclusive tale about how the regulators are looking to find a buyer for Manchester Building Society, reminding the world of the British building society crises in 2008/9...
It's taken two years but British American Tobacco has finally got round to confirming a piece I wrote in the The Times a couple years ago about the giant cigarette group hiring Deutsche Bank alongside UBS with a view to making a $47 billion bid for Reynolds American.
The Serious Fraud Office is once again coming under fire.
This time the business section of The Times splashed on an intriguing tale from Katherine Griffiths - a former colleague from my time at The Daily Telegraph and now Banking Editor at The Times - about how the SFO has, so far, failed to go after the "higher ups" involved in the whole Libor fixing affair.
Here is a link a to Katherine's excellent piece, which is well worth a read:..
I see the most of the British newspaper market reports ran the easyJet bid tale for a second day in a row.
However, the likes of Bryce Elder of the Financial Times and Martin Waller of The Times put a somewhat cynical spin on the jackanory, alluding to the gossip as a "silly season" story that typically come about during the dog days of August...
Regular readers will remember my piece from a couple of weeks ago about The Times follow up to my original story from last year about who attended a British Bankers Association board meeting on April 2016, 2008 and what was discussed. In case you don't, here are the links:
Oh look - I see another one of little old Betaville's stories has been confirmed this morning with the announcement that Radley has been sold to Bregal Freshstream, a new (ish) private equity firm.
In case you don't recall, little old Betaville was the first global media outlet to "exclusively reveal" that Bregal Freshstream, which is backed by a wealthy Dutch family, was participating in the Radley auction...
Today's business splash in The Times is rather intriguing.
Harry Wilson - City editor at The Times and a former colleague from time at The Daily Telegraph - reveals that Eric Daniels, former chief executive of Lloyds Banking Group, was told about Libor rigging at a BBA meeting in 2008...