Greencore to fight rival bid

first_img whatsapp Greencore to fight rival bid whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailMisterStoryWoman 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 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 to Scottsdale (Take A Look at The Prices)Senior Living | Search Ads GREENCORE is expected to sweeten its merger deal with Northern Foods this week in an attempt to best Boparan’s £342m cash takeover offer. Dublin-based Greencore is considering adding a cash sweetener on top of its all-share merger with Northern, according to people familiar with the companies. Northern’s board has dropped its support for the Greencore deal and instead recommends that shareholders support Boparan’s £342m cash takeover offer, made late on Friday after the Takeover Panel extended its 5pm deadline. Greencore will say in a statement to the market this morning that its board continues to support the Northern merger as a “compelling opportunity” and will make a further announcement in due course. While Northern and Greencore investors are still due to vote on the merger on 31 January, it is likely that the shareholder meetings will be cancelled following Boparan’s intervention.Meanwhile, Northern will send letters to its shareholders this week to stress the benefits of Boparan’s bid, which at 73p per share represents a 61.3 per cent premium on Northern’s closing price before the bid interest was revealed. The bid also has a premium of 52 per cent to the value of Greencore’s all-share bid, which offered Northern Foods shareholders 0.4479 of a Greencore share for each Northern Foods share they owned and was worth 48.2p per share on Friday.Analysts had said Boparan would need to offer a significant premium to improve on the cost synergies promised by Greencore. Boparan struck a deal with Northern pension trustees to pay more than £15m a year to help shrink its £142m pensions deficit. The pensions shortfall had been seen as a stumbling block for rival bidders after Greencore pledged to pay down the deficit. Greencore’s team of bankers – Barclays Capital, Investec, IBI and Goodbody Stockbrokers – are examining funding options for a better merger plan. GREENCORE ADVISERSThe Irish food group hired an army of advisers to work on its merger with Northern, first announced in November, including Barclays Capital, Investec, Slaughter & May and public relations group Powerscourt. Barclays Capital is acting as financial adviser, joint broker and joint sponsor, with Mark Todd and Jon Bathard-Smith heading the team. Joint broker Investec has worked with Greencore for a number of years, with head of investment banking David Currie still heavily involved. Leading the Northern offer team is managing director Chris Baird, who joined from Dresdner Kleinwort in 2009. IBI Corporate Finance and Goodbody Stockbrokers, both based in Ireland, are acting as joint sponsor and joint broker respectively. Magic circle firm Slaughter & May is advising on the legal side, with partners John Panichola and Jonathan Marks leading a six-strong team. Powerscourt has worked with Greencore since 2006, and counts BP, Aer Lingus and Independent News & Media among its clients. The firm was set up by former Sunday Times business editor Rory Godson in 2004. Rothschild, Goldman Sachs and PR agency Hudson Sandler are advising Boparan on its surprising rival bid for Northern Foods. Sunday 23 January 2011 10:48 pm More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comcenter_img Tags: NULL Share KCS-content Show Comments ▼last_img read more

British steel production boost

first_imgSunday 23 January 2011 10:30 pm whatsapp KCS-content British steel production boost 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 TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farmthedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search Ads Steel production in the UK shot up by 24.7 per cent last year, manufacturers’ group EEF said today. Like on like production soared to 9.4m tonnes in 2010 from 7.5m tonnes the previous year, they announced. “The strong improvement reflects the pick up in manufacturing activity experienced both in the UK and in our principal European export markets,” said UK Steel director Ian Roger. “Nevertheless production remained well below pre-recession levels,” he added. center_img whatsapp Tags: NULL Show Comments ▼ 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 ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayotChicken Bao: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof Sharelast_img read more

BEST OF THE BROKERS

first_img Thursday 3 February 2011 7:19 pm IG GROUPInvestec rates the trading and betting firm “buy” with a target price of 625p. The broker believes that a return to volatility and continued growth in the UK and abroad could lead to material upgrades to its forecasts, despite a small downgrade due to a drop in Japanese business. Investec predicts revenues of £332.5m in 2011, with earnings per share of around 33.2p.TRAVIS PERKINSMorgan Stanley has downgraded the builders’ merchant to “equal-weight” with a target price of £12.50 due to increasing concern over UK consumer spending. The broker warns that there are few short-term catalysts for the firm’s sales, and has cut its forecasts by seven to 11 per cent. Morgan Stanley recommends buying Wolseley shares instead, due to its greater geographical diversity.LEGAL & GENERALPanmure Gordon rates the financial services firm “buy” with an increased target price of 130p. It believes the impact of L&G’s capital restructuring in the US will be relatively small compared to the amount of surplus capital the firm has, resulting in the shares initially suffering from some market disappointment. Panmure however sees an improving macro environment for the sector and trading prospects for L&G this year. Share KCS-content by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search AdsBlood Pressure Solution4 Worst Blood Pressure MedsBlood Pressure SolutionBrake For ItThe Most Worthless Cars Ever MadeBrake For ItSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBeBlood Pressure For LifeWhy Doctors May No Longer Prescribe Blood Pressure MedsBlood Pressure For LifeLiver Health1 Bite of This Melts Belly And Arm Fat (Take Before Bed)Liver HealthHero WarsThis game will keep you up all night!Hero Wars BEST OF THE BROKERS center_img Tags: NULL Show Comments ▼ whatsapp More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgKansas coach fired for using N-word toward Black playerthegrio.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgColin Kaepernick to publish book on abolishing the policethegrio.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comLA news reporter doesn’t seem to recognize actor Mark Currythegrio.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comFort Bragg soldier accused of killing another servicewoman over exthegrio.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comPorsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comMark Eaton, former NBA All-Star, dead at 64nypost.comMan on bail for murder arrested after pet tiger escapes Houston homethegrio.comKiller drone ‘hunted down a human target’ without being told tonypost.com whatsapplast_img read more

BEST OF THE BROKERS

first_img whatsapp Thursday 10 February 2011 7:54 pm More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org Show Comments ▼ whatsapp Share by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodayMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastWanderoamIdentical Twins Marry Identical Twins – But Then The Doctor Says, “STOP”WanderoamSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldBetterBe20 Stunning Female AthletesBetterBecenter_img Tags: NULL KCS-content BEST OF THE BROKERS ARM HOLDINGSRBS rates the technology company “buy” with a target price of 625p. Hewlett Packard’s introduction of the Palm operating system on its PCs later this year could help ARM penetrate the notebook PC market, moving its market share from one per cent in 2011 to 20 per cent by 2015. RBS estimates that ARM’S earnings per share would be boosted by 2.25p for every 10 per cent unit share gain. BARCLAYSMorgan Stanley rates the UK bank “overweight” but has cut its target price from 400p to 380p. The broker believes better visibility on returns in several aspects of the business, including Barclays Corporate and impairment charges, could fuel better returns on equity. Morgan Stanley looks to Barclays’ full-year results on 15 February for an update on this strategy. INTERNATIONAL AIRLINES GROUPInvestec has begun covering the newly-merged airline with a “hold” rating and a target price of 281p. The broker believes that the recent hike in jet fuel prices has more than offset any synergy gains from the British Airways / Iberia tie-in and predicts that the firm will underperform in the short-term. Investec forecasts earnings per share of 15 cents (12.7p) in 2011, nine cents below consensus forecasts. last_img read more

Durable goods orders up in US

first_img Share Durable goods orders up in US KCS-content Show Comments ▼ There was mixed news for US investment in durable goods order figures, released yesterday. Headline durable goods orders were up 2.7 per cent in January, yet the figure excluding volatile transport orders fell by 3.6 per cent on the previous month of December. “This should not worry us as consumer spending seems to be taking over as the main engine of domestic demand,” said ING’s Rob Carnell. whatsapp Thursday 24 February 2011 8:33 pm Read This NextNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautRicky 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 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 Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap whatsapp Tags: NULLlast_img read more

Wall St shrugs off fresh oil price rise

first_img 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 ScottsdaleMoneyPailUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodayUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoBetterBe20 Stunning Female AthletesBetterBeUndoElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldUndoautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comUndoDrivepedia20 Of The Most Underrated Vintage CarsDrivepediaUndo More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comKiller drone ‘hunted down a human target’ without being told tonypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgWhy people are finding dryer sheets in their mailboxesnypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.com KCS-content whatsapp Share US stocks eked out gains yesterday despite another rise in oil prices as investors bet the latest data signaled the economy could absorb expected higher energy costs.Wall Street seesawed as oil fluctuated throughout the day. Brent crude LCOc1 hit a 2 1/2-year high above $117 a barrel in the late morning but later slipped. Brent settled up 93 cents at $116.35.“The initial shock waves (from a spike in oil prices) are gone… (and) we are realizing that the world economy is doing OK, that our economy is OK. It’s balancing each other out,” said Joseph Benanti, managing director at Rosenblatt Securities in New York.The day’s rally was broad with eight out of 10 S&P 500 sectors ending higher. Sectors that are sensitive to energy gained, including industrials up 0.4 per cent and materials up 0.2 per cent. S&P infotechnology sector rose 0.7 per cent.But trading volume was at 7.69 billion shares on the New York Stock Exchange, NYSE Amex and Nasdaq, lower than last year’s daily average of 8.47bn. Volume has recently been solid on days when the market falls and lighter on up days.Economic data was positive, with the Federal Reserve’s Beige Book suggesting economic activity picked up in 2011 and a private survey pointing to strong private-sector hiring.Stocks have taken their cue from oil since the start of turmoil in the Middle East and northern Africa in January. The fear was that rising oil prices could derail the recovery. The Dow Jones industrial average was up 8.78 points, or 0.07 per cent, at 12,066.80. The Standard & Poor’s 500 Index was up 2.11 points, or 0.16 per cent, at 1,308.44. The Nasdaq Composite Index was up 10.66 points, or 0.39 per cent, at 2,748.07.Private employers added more jobs than expected last month, the ADP Employer Services report said, before the closely watched and broader US government report on non-farm payrolls due on Friday. Texas Instruments gained 3.3 per cent to $36.14 after JPMorgan upgraded the semiconductor sector, including Texas Instruments, saying an inventory correction was nearing an end and demand appeared to be improving. Apple shares boosted the Nasdaq after chief executive Steve Jobs surprised investors by personally presenting the new iPad at an event in San Francisco. The stock rose 0.8 per cent at $352.12.Shares in Yahoo rose 3.3 per cent to $16.63. center_img Wednesday 2 March 2011 7:41 pm Wall St shrugs off fresh oil price rise Show Comments ▼ whatsapp Tags: NULLlast_img read more

Upbeat French morale boosts hopes for GDP

first_imgTuesday 8 March 2011 7:37 pm FRENCH business confidence remained strong into February, the Bank of France revealed yesterday. The Bank’s measure of sentiment for manufacturing held at a high index rating of 110, while service sector morale rose by one point.The scores prompted the Bank to anticipate GDP growth of 0.8 per cent for the first quarter of the year.Meanwhile, the French trade gap widened to a deficit of €5.89bn (£5bn) in January, up from €5.06bn in December. KCS-content Share whatsapp whatsapp Upbeat French morale boosts hopes for GDP 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 WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap’Small Axe’: Behind the Music Everyone Grooved On in Steve McQueen’sThe Wrap Show Comments ▼ Tags: NULLlast_img read more

Oil price hits $116 as plants bombed

first_imgWednesday 9 March 2011 8:49 pm Share KCS-content Oil price hits $116 as plants bombed Tags: NULL whatsapp whatsapp THE price of Brent crude surged over $116 a barrel yesterday after Mummar Gadaffi’s forces bombed Libya’s main oil terminal.The attack on the Es Sider terminal was the first against a critical oil facilitity since fighting began, and came as Gaddaffi tried to crush the uprising against him by bombarding the western town of Zawiya and oil towns in the rebel-held east.Televised pictures of the flames prompted a buying spree in the oil market, with Brent crude surging to a session high of $116.18 – near to its highest level in 2 1/2 years. It later fell to $115.51 a barrel.Market jitters remain with traders concerned that oil supplies will be disrupted for a long period, despite OPEC promises to pump extra oil. Show Comments ▼ More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comlast_img read more

ANALYST VIEWS: IS DEBENHAMS HEADING IN THE RIGHT DIRECTION?

first_img 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 WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap’Small Axe’: Behind the Music Everyone Grooved On in Steve McQueen’sThe Wrap Tags: NULL Tuesday 15 March 2011 8:26 pm whatsapp ANALYST VIEWS: IS DEBENHAMS HEADING IN THE RIGHT DIRECTION? Share whatsapp Show Comments ▼ KCS-content HONOR WESTNEDGE | VERDICT RESEARCHDespite rising commodity prices and high levels of promotional activity on the rest of the UK high street, Debenhams has managed to improve its gross margin on the previous year. Through focusing on its own-bought product, the retailer is in a better financial position to face a tough second-half.JONATHAN PRITCHARD | ORIEL SECURITIESGiven the headwinds which face the UK consumer this is a good result for Debenhams. As petrol prices have soared, so consumer confidence has waned. But Debenhams’ ranges and its consistent focus on innovation will haveensured market gains since Christmas.KEITH BOWMAN | HARGREAVES LANSDOWNIn all, the shadow of the group’s debt bearing private equity past has receded, with management continuing to fortify investor confidence and the shares retaining their positive (buy) market consensus opinion. A focus on profit margins as opposed to sales remains central to management strategy. last_img read more

WAGAMAMA SNAPPED UP

first_img Share Thursday 24 March 2011 9:34 pm whatsapp Show Comments ▼ 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 PastMoneyPailShe Was Famous, Now She Works In {State}MoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBePeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodayDrivepedia20 Of The Most Underrated Vintage CarsDrivepediaElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.com 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 WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap’Small Axe’: Behind the Music Everyone Grooved On in Steve McQueen’sThe Wrap WAGAMAMA SNAPPED UP center_img whatsapp KCS-content JAPANESE noodle bar chain Wagamama was yesterday gobbled up by private equity firm Duke Street for £215m, sources told City A.M. Seller Lion Capital had owned the chain since 2005, more than doubling its UK presence. Hutton Collins and lenders GE Capital, Lloyds and Investec provided additional capital to fund the deal. Tags: NULLlast_img read more