Tag Archives: raft

Cobra on sale for 200 million pounds

Business Standard – Indian entrepreneur Lord Karan Bilimoria has put Cobra, the beer company he founded 18 years ago, up for sale for an estimated £200 million, a leading daily here claimed today. The 46-year-old businessman had drafted in advisers […]

Top Woolworths investor says no to GBP50m takeover offer

Times Online – Woolworths’ biggest shareholder has thrown his weight behind management in rejecting Malcolm Walker’s £50m takeover approach, while refusing to deny that he is planning his own bid for the struggling retailer. Iranian property tycoon Ardeshir Naghshineh, who […]

Activist American hedge fund eyes Sky stake in ITV

Times Online- An activist American hedge fund has drawn up detailed plans to buy BSkyB’s 17.9% stake in ITV. Silver Point Capital, an American fund that specialises in distressed assets, has held talks with investment bankers who could assist with […]