Prudential tumbles as it turns to Hong Kong in £2.1bn equity drive

Life insurer Prudential tumbles as it turns to Hong Kong investors in £2.1bn equity drive By Lucy White For The Daily Mail Published: 17:16 EDT, 20 September 2021 | Updated: 17:16 EDT, 20 September 2021 Shares in Prudential fell after the life insurer announced plans to raise £2.1billion from investors in Hong Kong. The stock, … Read more

Boss of US private equity firm is hired to head up UK Government Investments

Boss of US private equity firm hoping to snap up Morrisons is hired to head up UK Government Investments By City & Finance Reporter for the Daily Mail Published: 17:09 EDT, 2 August 2021 | Updated: 17:09 EDT, 2 August 2021 The partner in a major private equity firm has been appointed by the Treasury … Read more

Tate & Lyle to be split after US private equity firm swoops

Tate & Lyle goes from one lump to two: UK company to split after US private equity firm swoops By Daily Mail City & Finance Reporter Published: 21:50 BST, 12 July 2021 | Updated: 21:50 BST, 12 July 2021 A break-up of Tate & Lyle is under way after a US private equity firm took … Read more

As Smiths Group faces break-up, probe private equity buyouts, ministers told

Ministers under pressure to order inquiry into private equity plundering of British firms as Smiths Group becomes latest to be targeted by foreign predator TA Associates have made a £2billion approach for Smiths Group’s medical division, which makes for hospital ventilators and has around 100 staff in the UK A successful sale would see the company, … Read more

US private equity giant KKR plots raid on UK companies

‘Barbarians at the Gate’ private equity giant KKR prepares to join in the UK pandemic plundering By Matt Oliver For The Daily Mail Published: 22:22 BST, 6 July 2021 | Updated: 22:22 BST, 6 July 2021 Private equity giant KKR is plotting a raid on the UK in a move that will fuel concerns about … Read more

Sainsbury’s prepares to repel private equity raiders as profits soar

Sainsbury’s prepares to repel private equity raiders after predicting bumper profits of £660m By City & Finance Reporter for the Daily Mail Published: 22:24 BST, 6 July 2021 | Updated: 22:24 BST, 6 July 2021 Sainsbury’s bolstered its defences against potential takeover bids as the supermarket giant predicted bumper annual profits of £660million. The figure … Read more

MPs wade into the Morrisons private equity takeover row

MPs wade into the Morrisons takeover row, asking regulators whether they may be able to intervene By Daily Mail City & Finance Reporter Published: 22:07 BST, 1 July 2021 | Updated: 22:07 BST, 1 July 2021 MPs have waded into the Morrisons private equity takeover row, asking regulators whether they may be able to intervene. … Read more

Morrisons shares rocket by a third after it rejected £5.5bn takeover bid from private equity giant

Shares in the UK’s biggest supermarkets soared on Monday morning after Morrisons rejected an unsolicited £5.5bn takeover bid from a US private equity giant. Morrisons saw its share price increase by around a third soon after markets opened in London amid projections that a bidding war could be sparked after they turned down the propsal.     … Read more

Morrisons shares rocket by a third after it rejected £5.5bn takeover bid from private equity giant

Shares in the UK’s biggest supermarkets soared on Monday morning after Morrisons rejected an unsolicited £5.5bn takeover bid from a US private equity giant. Morrisons saw its share price increase by around a third soon after markets opened in London amid projections that a bidding war could be sparked after they turned down the propsal.     … Read more

Morrisons rejects £5.5bn takeover approach by private equity firm

Morrisons rejects £5.5bn takeover approach by private equity firm advised by former Tesco boss Sir Terry Leahy By Neil Craven, Financial Mail on Sunday Published: 21:50 BST, 19 June 2021 | Updated: 21:50 BST, 19 June 2021 Grocery giant Morrisons has rejected a £5.5billion takeover approach by a US private equity firm advised by former … Read more