Dragon adds fire to fight for Blacks Leisure stores January 5, 2012 DRAGONS’ Den star and serial entrepreneur Peter Jones has thrown his hat in the ring for the troubled outdoor goods retailer Blacks Leisure, which was put up for sale last month. Jones, who is on the panel of the BBC reality TV show, has emerged as one of the four trade bidders to have tabled [...]
Bidders eye up Deutsche’s arms for sale January 5, 2012 BIDDERS for much of the asset management arm of Deutsche Bank are set to make initial offers by the end of this week. They will make indicative bids – which are not binding – giving Germany’s flagship lender a chance to consider the level of interest and the cash on the table. The bank, which declined [...]
Private equity fees boomed to pre-recession levels in 2011 January 5, 2012 BANKS reaped more in private equity fees last year than at any point since 2007, Dealogic figures revealed yesterday. The most lucrative client was Kohlberg Kravis Roberts, which paid $587m (£379m) of the $12.4bn paid globally – up 14 per cent from the $10.8bn paid in 2010, and accounting for 18 per cent of total [...]
MF Global UK clients set to get back cash this month – KPMG January 5, 2012 THE ADMINISTRATOR of MF Global UK plans to start returning to clients the $1.2bn (£774m) of cash and assets frozen at the collapsed broker as early as this month, in a move that will placate customers ahead of their showdown with KPMG next week. Richard Heis, KPMG’s joint special administrator of MF Global UK, said: [...]
Gerrard can spark Carroll renaissance January 5, 2012 Liverpool great Steve McManaman tips £35m striker to flourish alongside fit-again captain MISFIRING £35m England striker Andy Carroll has been backed to rediscover his goalscoring touch now that Liverpool captain Steven Gerrard is fit to resume his role as the team’s inspiration. Carroll has netted just three in 21 appearances this season, plummeted down the [...]
Botham: England should stick with winning method January 5, 2012 ENGLAND should resist the temptation to tinker with their winning formula if they are to add to their legacy by winning in the subcontinent this winter, according to their former skipper and greatest ever all-rounder Sir Ian Botham. Andrew Strauss’s world No1 ranked Test team are certain to encounter flat, batting-friendly pitches and stifling weather [...]
City denied Toures for United clash January 5, 2012 MANCHESTER CITY will be without Yaya and Kolo Toure for Sunday’s mouth-watering FA Cup third round tie against Manchester United after Ivory Coast manager Francois Zahoui rejected the club’s plea to delay their link-up with the national squad. Fifa rules dictate players can be called up two weeks before the start of the Africa Cup [...]
Ready, set, go for London 2012 ticket resale window January 5, 2012 LONDON 2012 ticketholders will be provided with the first opportunity to offload any unwanted purchases when the official online exchange opens today. The portal will allow fans who hold tickets for events they no longer wish or cannot afford to attend the chance to sell them on to other members of the public at face [...]
Mixed Christmas presents for Scottish January 5, 2012 TOMORROW we play our first home game of 2012 against Plymouth Albion at the Richmond Athletic Ground (3pm kick off), and it will be great to get back to the Athletic Ground following a mixed festive period for the squad. I was very pleased with our victory away at Moseley on Boxing Day. Parts of [...]
Wales cry foul after London Irish centre Shingler receives first Scotland call-up January 5, 2012 LONDON IRISH centre Steven Shingler has become embroiled in an international tug of war just hours after being named as one of six uncapped players in Scotland head coach Andy Robinson’s 36-man Six Nations squad yesterday. Shingler, who qualifies for Scotland through his Dumfries-born mother, played for Wales Under-20s against France Under-20s in the 2011 [...]