Nestle to flog off insurance unit Gerber Life in $1.55bn deal September 18, 2018 Nestle has agreed a deal to sell its Gerber Life Insurance unit to insurer Western & Southern Financial for $1.55bn (£1.2bn). The food giant, which has seen sales slide as consumers shift towards healthier foods, had been looking at offloading underperforming brands in its portfolio, and plans to buy and launch new products to address the [...]
Nestle to flog off insurance unit Gerber Life in $1.55bn deal September 18, 2018 Nestle has agreed a deal to sell its Gerber Life Insurance unit to insurer Western & Southern Financial for $1.55bn (£1.2bn). The food giant, which has seen sales slide as consumers shift towards healthier foods, had been looking at offloading underperforming brands in its portfolio, and plans to buy and launch new products to address the [...]
21st Century Fox extends deadline for Sky shareholders to vote on £24.5bn offer September 18, 2018 The lengthy takeover battle for Sky could drag on even longer after 21st Century Fox yesterday said it had extended the deadline for its offer to Sky shareholders. Investors will now have until 6 October to vote on Fox's £14 per share bid. It follows rival suitor Comcast also extending the deadline for acceptances on its [...]
21st Century Fox extends deadline for Sky shareholders to vote on £24.5bn offer September 18, 2018 The lengthy takeover battle for Sky could drag on even longer after 21st Century Fox yesterday said it had extended the deadline for its offer to Sky shareholders. Investors will now have until 6 October to vote on Fox's £14 per share bid. It follows rival suitor Comcast also extending the deadline for acceptances on its [...]
Unilever facing growing shareholder revolt over plans to abandon London PLC September 17, 2018 Consumer goods giant Unilever is facing shareholder revolt over plans to move its headquarters from London to the Netherlands, with more City investors saying they will vote against the decision. Brewin Dolphin today became the latest investment manager in the Square Mile to object to the move, which will see the FTSE 100 stalwart leave [...]
Unilever facing growing shareholder revolt over plans to abandon London PLC September 17, 2018 Consumer goods giant Unilever is facing shareholder revolt over plans to move its headquarters from London to the Netherlands, with more City investors saying they will vote against the decision. Brewin Dolphin today became the latest investment manager in the Square Mile to object to the move, which will see the FTSE 100 stalwart leave [...]
Vodafone’s new boss says telco could sell off mobile masts to plug €31bn debt September 17, 2018 The new boss of telecoms giant Vodafone has said the company is mulling over the possibility of flogging off some of its mobile masts in Europe in an effort to reduce some of its large debt. Nick Read, who was announced as Vittorio Colao's replacement earlier this year and will take the reins next month, detailed [...]
Vodafone’s new boss says telco could sell off mobile masts to plug €31bn debt September 17, 2018 The new boss of telecoms giant Vodafone has said the company is mulling over the possibility of flogging off some of its mobile masts in Europe in an effort to reduce some of its large debt. Nick Read, who was announced as Vittorio Colao's replacement earlier this year and will take the reins next month, detailed [...]
Former Pension Protection Fund chair Lawrence Churchill joins newly formed Clara Pensions September 17, 2018 Former chairman of the Pension Protection Fund (PPF) Lawrence Churchill was today appointed as the inaugural chairman of emerging consolidator firm Clara Pensions. The industry figure will bring 40 years experience to the role at the company, which consolidates company's historic defined benefit (DB) pension schemes. Clara says it acts as a "bridge" for members [...]
Former Pension Protection Fund chair Lawrence Churchill joins newly formed Clara Pensions September 17, 2018 Former chairman of the Pension Protection Fund (PPF) Lawrence Churchill was today appointed as the inaugural chairman of emerging consolidator firm Clara Pensions. The industry figure will bring 40 years experience to the role at the company, which consolidates company's historic defined benefit (DB) pension schemes. Clara says it acts as a "bridge" for members [...]
