Tue, 12th Feb 2013 11:17
The international consortium bidding for Severn Trent could walk away from the deal following a number of rejections by the utility group over recent weeks, The Times says, citing sources close to the matter. "If the Severn Trent board does not engage, no further proposals will be made," sources tol
Read moreThe largest investor in ENRC has fallen in behind a 3.3bn pound takeover bid for the beleaguered FTSE 100 miner, all but ensuring its success despite protests from independent directors. Kazakhmys, a rival resources group with operations in Kazakhstan, has signalled privately that it will vote its 2
Read moreThe Telegraph says that Waitrose head Mark Price is refusing to meet with Ocado chief Tim Steiner after the online grocery group agreed to help rival Morrison develop an online shopping website. According to The Times, British parcel delivery group UK Mail is close to signing a deal with the Depart
Read moreThe Independent says that Royal Bank of Scotland is to raise a further half a billion pound by offloading a further holding in its listed insurance division, Direct Line. The bank announced late last night that it would be selling a 15.3 per cent stake in the insurer, leaving it with a 49.9 per cent
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