Blackstone eyes Southern Cross

first_img Tags: NULL whatsapp Private equity firm Blackstone is considering a takeover bid of Southern Cross. The British care home operator said last week it was in early-stage talks with other potential buyers after private equity firm Towerbrook Capital announced it was no longer interested in making an offer. Blackstone owned Southern Cross before listing it in 2006 and is reportedly now keen on launching a takeover of the listed operating company and its property company, with a view to combining them. Blackstone and Southern Cross could not be reached for comment yesterday. whatsapp Blackstone eyes Southern Cross More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.com Show Comments ▼ KCS-content Share Sunday 28 November 2010 10:02 pmlast_img read more

Shareholders to decide fate of De La Rue

first_img Shareholders to decide fate of De La Rue whatsapp Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayotBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof whatsapp Show Comments ▼ Tags: NULL KCS-content Tuesday 4 January 2011 8:23 pm Share Oberthur’s overtures to De La Rue’s shareholders have just begunTHE fate of British money-printer De La Rue lies in its shareholders’ hands this week, as Oberthur Technologies tries to sell them on its takeover bid of 905p, worth £895m in total.Oberthur, which is being advised by Lazard & Co and HSBC, upped the stakes yesterday by claiming that De La Rue has lost its biggest client, without which some analysts have said it would be worth only 620p per share.Shareholders will have to decide whether to hold out for more when they could take a safe bet at £9.Oberthur has tried to boost its appeal further by promising not to take jobs abroad if it gets control of the UK firm, which prints sterling banknotes for the Bank of England.In its statement yesterday, it said: “Oberthur intends to maintain the production of all sterling banknotes in the UK.” However, the company would not make a commitment on the production of passports. Unite the union said in December that it was opposed to the French takeover. De La Rue’s biggest shareholders include Capital World Investors, which owns 15 per cent, Prudential, which has 12 per cent, and Capital Research and Management, which owns nine per cent of its stock. The company is advised by JP Morgan Cazenove and Rothschild. last_img read more

Eurozone factory output rebounded in October

first_img Share More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgLA news reporter doesn’t seem to recognize actor Mark Currythegrio.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFort Bragg soldier accused of killing another servicewoman over exthegrio.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgColin Kaepernick to publish book on abolishing the policethegrio.com Wednesday 5 January 2011 8:24 am Industrial orders in the eurozone rebounded from a slump in September to rise 1.4 per cent month-on-month in October, generating a 14.8 per cent year-on-year gain.The monthly rise in orders was largely due to a five per cent jump in demand for durable consumer goods, the European Union’s statistics office Eurostat said.In a separate Eurostat dataset, surging energy costs were shown to have driven up eurozone producer prices in November, a sign that rising inflationary pressures could hurt the region’s manufacturing recovery.October’s rebound in new factory orders is evidence of a heartening recovery in manufacturing gaining traction towards the end of last year.“The underlying strength of industrial orders was evident in the fact that they rose by 2.4 per cent in the three months to October compared to the three months to July. It is useful to look at the underlying trend as industrial orders are notoriously volatile on a monthly basis,” said Howard Archer, chief economist at consultancy IHS Global Insight.Excluding volatile orders for ships, planes and trains, orders rose 0.9 per cent on the month for a 14.4 per cent annual gain.Many eurozone countries saw improvements in industrial new orders: Germany’s were up 1.4 per cent and France rose 2.3 per cent. But peripheral economies showed weakening order books – Spain’s fell 0.3 per cent while Italy’s shed 1.4 per cent.Prices at factory gates in the 16 countries using the euro in November were however 0.3 per cent higher than in October and 4.5 per cent higher year-on-year.The monthly growth of producer prices, which translate into consumer price increases unless absorbed by intermediaries and retailers, was driven mainly by a 0.9 per cent increase in the costs of energy.The rise was broadly as experts had expected. “The ECB will obviously keep a very close eye on whether or not second-round inflationary effects are increasingly emerging, but for the time being at least we expect ECB policymakers to remain relatively relaxed about the overall Eurozone inflationary picture given the limiting impact of still significant output gaps in most countries and high unemployment,” Archer said. whatsapp alison.lock center_img Tags: NULL Eurozone factory output rebounded in October Show Comments ▼ by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’Definition whatsapplast_img read more

Banks’ shares boost sees FTSE rise back over 6,000

first_img KCS-content whatsapp Share Read This Next’Pose’ Creator Steven Canals on Life After His Groundbreaking Show: ‘I’mThe Wrap’The Boys’ Star Aya Cash Took Inspiration From YouTube, TikTok and SteveThe WrapHow HGTV’s ‘Renovation Island’ Changed Bryan and Sarah Baeumler’sThe Wrap’Bridgerton’ Stars Phoebe Dynevor and Nicola Coughlan on Daphne andThe WrapBest Wine Gifts & Wine Accessories at Every PriceGayot’Hitman’s Bodyguard’s Wife’ Earns $17 Million 5-Day Opening as Box OfficeThe WrapFox News’ Mark Levin Says Capitol Riot Suspects ‘Would Be Treated Better’The WrapEverything We Know, or Think We Know, About the Time-Keepers on ‘Loki’The Wrap’The Crown’: What Went Into Finding Princess Diana and Margaret ThatcherThe Wrap THE FTSE jumped back above the psychologically-important 6,000 level yesterday, driven by rises in bank shares.London’s main blue chip index rose by one per cent, up 57.7 points for the day, closing at 6,014.Barclays shares rose 5.5 per cent, and HSBC by 2.4 per cent, as bank shares led the way.A note from Citigroup upgrading HSBC helped the boost, and Societe Generale named the lender one of its preferred stocks in the European sector, upgrading it to “overweight.”Traders shrugged off concerns over sovereign debt threats from the Eurozone after reports that Portugese minister Fernando Teixeira dos Santos said there was no plan for a bailout from the EU and the International Monetary Fund (IMF).The FTSE started the year on the up following an uptick in economic data from the US, and strong manufacturing growth in the UK. Show Comments ▼ Tuesday 11 January 2011 7:44 pm Banks’ shares boost sees FTSE rise back over 6,000 whatsapp Tags: NULLlast_img read more

Kenmare axes JP Morgan

first_img whatsapp Show Comments ▼ whatsapp Kenmare axes JP Morgan MOZAMBIQUE-FOCUSED miner Kenmare Resources ditched JP Morgan Cazenove in favour of Royal Bank of Canada (RBC) as one of its joint brokers yesterday, as it attempts to ramp up the expansion of its titanium mines. Kenmare, which posted a 71 per cent year-on-year rise in titanium, ilmenite and zircon production yesterday, revealed the switch in a separate statement but declined to comment further. JP Morgan had acted as broker for the FTSE 250-listed miner for around four years, helping to place shares and underwrite warrants alongside long-term brokers Canaccord Genuity, Davy Stockbrokers and Mirabaud Securities, which continue to work for the firm. Kenmare Resources is one of a lucrative clutch of recent client wins for RBC Capital Markets, which has been hired to act as broker for several high-profile companies including Resolution, Dana Petroleum and Petra Diamonds in the last 12 months. Kenmare said it hopes to increase production by 50 per cent before 2012 to cash in on rising commodity prices after enjoying runaway demand from China. The Dublin-based firm said its Moma mine produced 496,000 tonnes in the second half of 2010. JP Morgan and RBC Capital Markets both declined to comment when contacted by City A.M.While the loss of a FTSE 250 firm is a blow for JP Morgan Cazenove, Kenmare’s decision to axe the bank will barely dent JP Morgan’s reputation as the most prolific broker in the City. JP Morgan Cazenove acts as broker for 35 of the FTSE 100, according to the latest Hemscott guide, and advises 244 clients. Laurence Hollingworth, once the lead adviser for Kenmare at JPM, has enough to keep him busy in his new role as head of UK investment banking. KCS-content RBC Capital Markets is making a reputation for itself as a collector of big broking contracts, having scooped Resolution, Dana Petroleum and Petra Diamonds in the last 12 months.The bank has close to 100 financiers working for its global mining business, with a client list that includes Barrick Gold, the world’s biggest gold miner, Shore Gold and First Quantum.Directors Matthew Coakes and Richard Horrocks-Taylor will lead the team working with Kenmare. center_img Share Thursday 20 January 2011 7:58 pm by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldSenior Living | Search AdsNew Senior Apartments Coming Nearby Scottsdale (Take a Look at The Prices)Senior Living | Search Ads Tags: NULLlast_img read more

Travelex wins Japanese deal

first_img whatsapp Travelex wins Japanese deal Travelex Global Business Payments, the cross-border payment services provider, has commenced international payments services for Rakuten Bank, part of the Rakuten Group and one of Japan’s leading e-commerce companies, through its GEO international payments platform.Travelex GEO offers customers, like Rakuten Bank, access to an international payment capability which allows payment in 67 currencies via an online platform. Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautCheese Crostini: Delicious Recipes Worth CookingFamily Proof KCS-content Show Comments ▼ Tags: NULL Share whatsapp Monday 31 January 2011 9:02 pmlast_img read more

Libya in turmoil as hundreds die

first_img Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap whatsapp KCS-content VIOLENT protests in Libya threatened to spiral out of control yesterday, with hundreds reported dead and Colonel Gaddafi’s 42-year reign under serious threat.Gaddafi’s son Saif al-Islam attempted to calm protesters, promising “reform and democracy” and blaming foreign instigators and radicals for the outbreaks of violence. He said: “They have started a campaign to bring Libya to a point reached by Egypt and Tunisia.“Security forces have pre-empted this and arrested some of the people involved. A few people have died and violence against the police has escalated. We will have a new Libya, one we have dreamed of. We can have reforms without destroying our country.” He told protesters the country could descend into civil war if the violence continues, claiming swathes of the country remain loyal to his father.Thousands of protesters clashed with supporters of Gaddafi in Tripoli’s Green Square, with helicopter gunships and snipers said to have been deployed. Protesters have also taken control of military bases and tanks.At least 50 people were killed and 100 seriously wounded in the space of just a few hours last night. A further 84 people were killed on Saturday and 20 in overnight clashes, with some commentators claiming more than 300 people have died since the violence began. Saif al-Islam claimed foreign media organisations have exaggerated the numbers.Protesters in the streets of the Libyan capital were throwing stones at billboards of Colonel Gaddafi while police used tear gas to try to disperse them.The opposition is demanding a constitutional monarchy that gives citizens a greater role in a directly elected government. It also wants the release of political prisoners.Foreign secretary William Hague yesterday urged Libya to begin dialogue with anti-government protesters and implement reforms.Hague told Saif al-Islam Gaddafi that the Libyan government’s actions were unacceptable and would trigger global condemnation.Unrest also hit Yemen, Tunisia, Morocco, Oman, Kuwait, Algeria and Djibouti over the weekend. Sunday 20 February 2011 11:47 pm Show Comments ▼ Sharecenter_img Tags: NULL Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodayUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoBrake For ItThe Most Worthless Cars Ever MadeBrake For ItUndoBetterBe20 Stunning Female AthletesBetterBeUndoZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldUndoautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comUndo Libya in turmoil as hundreds die whatsapplast_img read more

Production restarts at Longbridge

first_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesMoneyPailShe Was An Actress, Now She Works In ScottsdaleMoneyPailDrivepedia20 Of The Most Underrated Vintage CarsDrivepediaZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen HeraldBetterBeDrones Capture Images No One Was Suppose to SeeBetterBeElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.com whatsapp More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comConnecticut man dies after crashing Harley into live bearnypost.com Show Comments ▼ whatsapp Tags: NULLcenter_img KCS-content Production restarts at Longbridge The former MG Rover plant at Longbridge is to produce its first big order of cars in almost six years this week. Chinese owner SAIC Motor Group will see its first batch of MG6 cars roll off the production line on Wednesday, though most of the work will have taken place in China and only the finishing touches done at the site in Birmingham. Sunday 10 April 2011 10:40 pm Sharelast_img read more

Peel must up bid to secure film business

first_img KCS-content Peel must up bid to secure film business Sunday 10 April 2011 11:09 pm Show Comments ▼ Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’Sportsnaut’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Small Axe’: Behind the Music Everyone Grooved On in Steve McQueen’sThe Wrap Peel Holdings, the majority shareholder in Pinewood Shepperton, will be forced to pay substantially more than its initial 190p per share approach for the film studio, according to a source close to the deal.On Friday, Pinewood disclosed that it had received an offer of 190p per share from Peel Holdings, which owns 29.7 per cent of the film studio, to take full control of the company that is best known as the home of the James Bond and Harry Potter films.But a source predicted the early negotiations between Peel and Pinewood will result in a “reasonable” takeover bid of between 220p and 225p per share, based on the deal struck by SVG Capital, which last month sold its remaining three per cent stake in Pinewood to Peel.“This is a credible approach and one that is highly likely to lead to a firm offer,” the source told City A.M. “It is not a done deal, but the days of Pinewood Shepperton as an independent company are numbered.”Crystal Amber Fund, which owns 28.9 per cent of Pinewood Shepperton, welcomed Peel’s approach.Richard Bernstein, investment adviser to Crystal Amber, said: “We have always said we believe there is significant untapped potential [in Pinewood Shepperton], and we wish to see the unlocking of that value.”Pinewood said in a statement: “This approach may or may not lead to an offer being made for the company.” Sharecenter_img whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBeDrones Capture Images No One Was Suppose to SeeBetterBeTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farmthedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comLoan Insurance WealthCatherine Bell’s New Girlfriend Might Look Familiar To YouLoan Insurance WealthAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’Definition Tags: NULL whatsapp last_img read more

Paddy Power Betfair confirms FanDuel talks

first_img Regions: US Paddy Power Betfair has confirmed reports that it has opened discussions over the potential acquisition of daily fantasy sports (DFS) company FanDuel Paddy Power Betfair confirms FanDuel talks Tags: Fantasy Sports Mobile Online Gambling 17th May 2018 | By contenteditor DFS Email Address Paddy Power Betfair has confirmed reports that it has opened discussions over the potential acquisition of daily fantasy sports (DFS) company FanDuel. This week, reports linked Paddy Power Betfair with a move for the DFS operator in the wake of the US Supreme Court voting to overturn a federal ban on sports betting in the US. FanDuel had previously spoken about its plans to launch a sports betting service should the Supreme Court overturn the federal 1992 Professional and Amateur Sports Protection Act (PASPA), which blocked most US states from offering regulated sports betting. Paddy Power Betfair said that should it reach an agreement with FanDuel, it could merge its own US business and the DFS brand to “create a combined business to target the prospective US sports betting market” In a statement, Paddy Power Betfair added: “Discussions are ongoing and there is no certainty as to whether agreement will be reached, or as to the terms or timing of any transaction. “A further announcement will be made as appropriate.”Related article: Paddy Power Betfair eyes FanDuel acquisition Subscribe to the iGaming newsletter AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Topics: Finance Sports betting Strategy DFSlast_img read more