Archive for March, 2011

Hands to sell Odeon cinema chain

| March 31, 2011 | 0 Comments

Terra Firma, the private equity firm run by Guy Hands, is in talks with BC Partners as it puts Europe’s largest cinema group for sale with a price tag of between £700m and £1bn View full post on Financial Times – UK Homepage

Filed Under: finance news

Irish banks need €24bn after stress tests

| March 31, 2011 | 0 Comments

Ireland’s government revealed on Thursday that its stricken banks would require a further €24bn in capital, pushing the total cost of the sector’s bailout to about €70bn View full post on Financial Times – UK Homepage

Filed Under: finance news

Grain prices surge as inventories fall further

| March 31, 2011 | 0 Comments

Data from the US Department of Agriculture suggest that supplies will fall to critically low levels before the northern hemisphere harvest amid soaring demand View full post on Financial Times – UK Homepage

Filed Under: finance news

Sokol defends Lubrizol stock dealings

| March 31, 2011 | 0 Comments

David Sokol defends his decision to buy stock in Lubrizol following his surprise resignation from Berkshire Hathaway and the launch of a SEC probe into his actions View full post on Financial Times – UK Homepage

Filed Under: finance news

Vodafone pays $5bn for Essar stake

| March 31, 2011 | 0 Comments

Vodafone is to pay $5bn to buy the Essar conglomerate out of the UK mobile phone group’s Indian business View full post on Financial Times – UK Homepage

Filed Under: finance news

Push to keep peace on UK bank reform

| March 31, 2011 | 0 Comments

The involvement of the Treasury – directly or via UKFI – could fuel accusations of government meddling with the independent commission View full post on Financial Times – UK Homepage

Filed Under: finance news

Taylor Wimpey completes sale of US business

| March 31, 2011 | 0 Comments

Taylor Wimpey has completed the $1bn sale of its North American business, bringing to an end a radical overhaul of the UK’s second-largest housebuilder by volume View full post on Financial Times – UK Homepage

Filed Under: finance news

Buffett heir apparent Sokol resigns

| March 31, 2011 | 0 Comments

David Sokol has unexpectedly resigned from Berkshire Hathaway, the investment company run by Warren Buffett, depriving the sage of Omaha of a top lieutenant View full post on Financial Times – UK Homepage

Filed Under: finance news

Gaddafi foreign minister flees to UK

| March 30, 2011 | 0 Comments

Hopes that psychological blow to regime’s authority could lead to further officials changing sides View full post on Financial Times – UK Homepage

Filed Under: finance news

US rediscovers appetite for M&A

| March 30, 2011 | 0 Comments

Nine of 10 biggest deals this year struck in US, suggesting confidence among American CEOs bouncing back faster than elsewhere View full post on Financial Times – UK Homepage

Filed Under: finance news
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