Moulton snaps up office supplies from DS Smith as part of £200m disposal July 6, 2011 VENTURE capitalist John Moulton is splashing out £40m on parts of DS Smith’s stationery and office supplies business after the firm sold the rest to Spanish firm Unipapel. Moulton’s Better Capital said its purchase of the UK and Irish business will go through once Unipapel buys up the other parts of DS Smith’s Spicers arm [...]
US buy boosts Balfour orders July 6, 2011 BALFOUR Beatty, Britain’s largest infrastructure contractor, said it will make further selective acquisitions after recently snapping up a US peer, a move that it said will lift its order book. Balfour, which operates in 80 countries and offers a range of infrastructure services, said in a short trading statement yesterday that the outlook for infrastructure [...]
Aston Martin mulls HK float July 6, 2011 ASTON Martin, the iconic car maker famous for supplying James Bond with his wheels, is mulling a share issue in Hong Kong, according to chief executive Ulrich Bez. He said there were no immediate plans to float and that advisers have not yet been appointed. He also said the firm is ready to launch a sales [...]
Kraft adviser to quit Lazard July 6, 2011 A KEY financial adviser to US food giant Kraft in its takeover of British chocolate maker Cadbury is to step down from his position at investment bank Lazard. Peter Kiernan, a managing director in the bank’s mergers and acquisitions team in London, is understood to be tendering his resignation. He is expected to leave later [...]
Be selfish and quit, Lewis July 6, 2011 Formula One great Rubens Barrichello urges Hamilton to jump ship to Red Bull WILLIAMS driver Rubens Barrichello has urged Britain’s Lewis Hamilton to make the “selfish” career decision to turn his back on McLaren and join Red Bull if he wants a guaranteed shot at the world title next season. Hamilton’s frustrating season reached a [...]
But Hamilton tells motorsport great and good to keep their noses out July 6, 2011 MCLAREN’S Lewis Hamilton has hit out at feverish speculation over his future, telling a host of motorsport’s biggest names to keep their opinions to themselves. Williams veteran Rubens Barrichello believes Hamilton should seek a more competitive team, while former champions Nigel Mansell and Jacques Villeneuve have urged him to stick with the outfit that groomed [...]
Cook answers his critics in England romp July 6, 2011 ENGLAND skipper Alastair Cook led from the front with what he described as a career best one-day knock as his side crushed Sri Lanka by 10 wickets at Trent Bridge to level the series with one match to play. James Anderson did the damage with the new ball taking early three wickets and with Jade [...]
Cavendish dodges chaos to snatch 16th Tour win July 6, 2011 BRITISH sprint specialist Mark Cavendish produced a superb finish to snatch victory in a tumultuous fifth stage of the Tour de France. The HTC-Highroad rider (inset) pipped Belgian Philippe Gilbert, of Omega Pharma-Lotto, and Spaniard Jose Joaquin Rojas, of Movistar, in a frantic climax in Brittany. Norwegian Thor Hushovd, of Garmin, retained the yellow jersey [...]
Dalglish snares Adam and mulls upping Downing bid July 6, 2011 LIVERPOOL have reignited their summer transfer activity by agreeing a deal with Blackpool for long-term target Charlie Adam. The Scotland midfielder, 25, will sign subject to a medical for a fee thought to be around £8m and follows last month’s £16m deal for Sunderland’s Jordan Henderson. Manager Kenny Dalglish is mulling whether to up their [...]
Third time lucky for Pyeongchang July 6, 2011 WINTER SPORTS: Pyeongchang has been chosen to host the 2018 Winter Olympics. It was third time lucky for the South Korean candidate which lost to Vancouver and Sochi respectively for the right to host the 2010 and 2014 Winter Games.
