Tag: takeover

Doorstep lender Provident Monetary receives £1.3bn takeover bid | Enterprise

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Provident Monetary, the doorstep lender that fees rates of interest of 535%, has acquired a shock £1.3bn takeover bid from a smaller rival led by its former chief government. The unsolicited bid for the “Provvy” from Non-Customary Finance…

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Flybe shareholders urged to just accept Virgin Atlantic’s £2.2m takeover provide | Enterprise

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Flybe has advisable shareholders settle for a cut-price £2.2m takeover provide from a consortium led by Virgin Atlantic, after the regional airline struggled with rising gasoline prices, forex volatility and political uncertainty. Virgin, part-owned by the billionaire Sir…

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Sears liquidation looms after $4.4bn takeover deal faulters | Enterprise

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Sears, as soon as the world’s largest retailer, seems to be heading into liquidation after failing to achieve a $4.4bn takeover cope with the financier Edward Lampert. The 126-year-old firm has been struggling for years and filed for…

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Marlboro maker in takeover talks with hashish agency Cronos | Enterprise

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Altria, the maker of Malboro cigarettes, is in talks a few potential takeover of the Canadian hashish producer Cronos because it seeks to diversify its enterprise past conventional people who smoke. Cronos shares have been up greater than…

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Brexit jitters put paid to £2.9bn takeover bid for Intu purchasing centre group | Enterprise

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A £2.9bn takeover bid for the purchasing centre group Intu, which owns the Trafford Centre in Manchester and Metrocentre in Gateshead, has been deserted amid Brexit-related issues. A bidding consortium made up of the Intu shareholder Peel Group,…

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Virgin Atlantic in talks over attainable takeover of Flybe | Enterprise

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Virgin Atlantic has confirmed it’s in talks over a attainable takeover of the struggling regional airline Flybe, which put itself up on the market final week. The long-haul airline based by Sir Richard Branson is believed to see…

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Protests immediate Phoenix cinema to drop Curzon takeover | Tradition

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One of many UK’s oldest unbiased cinemas has ditched plans handy over management to a industrial operator following a backlash from 1000’s of supporters, together with movie administrators and musicians. The Phoenix cinema in East Finchley, north London,…

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