Breaking news
Thomas Cook takeover presents ‘much difficulty’ warns Fonsun Tourism Group boss amid talks to rescue firm By William Turvill For The Mail On Sunday Published: 09:43 BST, 25 August 2019 | Updated: 09:43 BST, 25 August 2019 The boss of the Chinese firm hoping to buy Thomas Cook has admitted he is expecting ‘much difficulty’ … Read more
Former Hewlett Packard boss denies trying to avert blame for the disastrous takeover of Autonomy By City & Finance Reporter for the Daily Mail Published: 21:51 BST, 5 June 2019 | Updated: 21:51 BST, 5 June 2019 Former HP boss Meg Whitman was accused of trying to blame the bosses of software firm Autonomy when the … Read more
Stagecoach mulls a takeover of the UK’s largest bus operator Arriva after it goes up for sale City sources said Stagecoach is interested in buying Arriva’s bus business Arriva has been put up for sale by German Transport giant Deutsche Bahn It operates more than 5,000 buses in Britain and has divisions across Europe By … Read more
Corporate raider Melrose has cut nearly 900 jobs at engineer GKN since its controversial takeover Staff numbers fell by 861 to 48,068 under Melrose in 2018 Biggest decline was at its Driveline division, which makes driveshafts for cars It was recently revealed Melrose was shutting a GKN factory near Birmingham By Jamie Nimmo, Financial Mail … Read more
FTSE CLOSE: LK Bennett rescued but 15 stores to close; Bonmarché rejects Philip Day’s takeover offer; Online grocery shopping slows Bonmarche says tycoon Philip Day’s takeover bid of £5.7m undervalues the firm The number of people opting to buy groceries online has slowed The competition watchdog has concerns about Rentokil-Mitie merger Over a third of … Read more
Troubled fashion firm Bonmarche snubs £5.7m takeover bid by billionaire tycoon Philip Day claiming it ‘undervalues’ the 300-store chain Bonmarche has rejected a £5.7m takeover bid tabled by tycoon Philip Day It said it ‘materially undervalues’ the firm, which has a market value of £7.7m Bonmarche also said today that it is embarking on a cost-cutting … Read more