MARKET REPORT: Private equity firm Sirius Capital swoops on Equinti

Private equity has been swarming all over the London stock market and yesterday Equinti moved one step closer to being swallowed. The little known outsourcing firm – it provides payment services for companies like Easyjet (up 1.1 per cent, or 11p, to 997.8p) – has agreed a £673million deal with New York-based Sirius Capital. It … Read more

MIDAS SHARE TIPS UPDATE: Sirius proves doubters wrong

MIDAS SHARE TIPS UPDATE: Business park firm Sirius Real Estate proves doubters wrong By Joanne Hart, Financial Mail on Sunday Published: 21:51 GMT, 30 January 2021 | Updated: 21:51 GMT, 30 January 2021 Just like the UK, Germany is in lockdown. Businesses are hurting and a furlough scheme has been extended to the end of … Read more

Sirius Minerals faces legal bid from shareholder group after rescue

Sirius Minerals faces legal bid from shareholder group after Anglo’s ‘daylight robbery’ rescue deal By Francesca Washtell For The Daily Mail Published: 21:50 GMT, 7 December 2020 | Updated: 22:12 GMT, 7 December 2020 An influential shareholder organisation is assembling a legal case against Sirius Minerals after thousands of ordinary investors saw their savings and … Read more

Howard Stern in negotiations with Sirius XM on $120M annual deal

Howard Stern in negotiations with Sirius XM on $120M annual deal … as his current contract expires at year’s end Shock jock’s current contract expires at the end of the year He’s estimated to bring in around $80M to $100M annually  Sirius XM Jim Meyer is focused on inking the signing before his departure  By … Read more

Sirius Minerals boss pocketed £1.3m as investors lost fortune

Sirius Minerals boss pocketed £1.3m after agreeing takeover that cost many shareholders their life savings  Former chief executive Chris Fraser received £1.3m in bonuses Former finance boss Thomas Staley pocketed a total of nearly £900,000 Fraser and Staley are now running Anglo’s new ‘crop nutrients’ division By Jamie Nimmo For The Financial Mail On Sunday Published: … Read more

Small investors could be blocked from voting on Sirius takeover offer

Fears are mounting that thousands of ordinary shareholders will be denied any say on the Sirius Minerals takeover because of complicated City rules. Investors in Yorkshire potash miner Sirius will vote on a £405million offer from FTSE 100-listed Anglo American on March 3. Some shareholders are angry with Anglo’s 5.5p per share bid because they … Read more

Odey threatens to vote NO to Sirius deal: what next for shareholders?

Hedge fund tycoon fights Sirius rescue deal: As Crispin Odey threatens to vote NO to Anglo American’s takeover, what happens next for shareholders? By Francesca Washtell For The Daily Mail Published: 07:57 GMT, 20 February 2020 | Updated: 07:57 GMT, 20 February 2020 The hedge fund run by millionaire tycoon Crispin Odey has vowed to … Read more

Hedge fund tycoon Crispin Odey bets on Sirius Minerals bidding war

Hedge fund tycoon Crispin Odey bets on Sirius bidding war as shareholders approve £405m Anglo American takeover By Francesca Washtell For The Daily Mail Published: 21:51 GMT, 4 March 2020 | Updated: 22:06 GMT, 4 March 2020 The hedge fund managed by millionaire Crispin Odey is talking up the prospect of a bidding war breaking … Read more

Potash miner saved despite backlash:  Anglo American seals Sirius deal

Potash miner saved despite backlash: Anglo American seals £405m Sirius Minerals deal By Francesca Washtell For The Daily Mail Published: 23:15 GMT, 3 March 2020 | Updated: 23:15 GMT, 3 March 2020 An ambitious project to build a potash mine in the North York Moors has been saved from collapse despite a backlash from furious … Read more

Sirius faces do-or-die investor vote over Anglo American takeover

Sirius faces do-or-die investor vote over controversial £405m Anglo American takeover By Francesca Washtell For The Daily Mail Published: 21:50 GMT, 2 March 2020 | Updated: 21:50 GMT, 2 March 2020 Crunch time: Sirius chief executive Chris Fraser Shares in Sirius Minerals plunged ahead of a crunch vote on a controversial takeover that will determine … Read more