United’s keeper puzzle January 27, 2011 Van der Sar retirement forces Ferguson to line up a suitable successor MANCHESTER UNITED manager Sir Alex Ferguson is facing a summer of upheaval after goalkeeper Edwin van der Sar confirmed he is to retire at the end of the season. The 40-year-old, who is quitting to spend more time with his family, is one [...]
Shareholders tell Mouchel to invite bids January 27, 2011 A NUMBER of major institutional shareholders have approached the chairman of embattled professional services firm Mouchel calling for a sale of the company. The key shareholders are understood to have told chairman Bo Lerenius they would like a sale of the firm, despite Mouchel having so far staved off several offers from engineering group Costain. [...]
China’s Li clinches historic Australian Open final spot January 27, 2011 NINTH seed Li Na became the first Chinese player to reach a grand slam singles final after a three-set win over world No1 Caroline Wozniacki at the Australian Open. The 28-year-old (right), who had previously not gone beyond the last eight in one of the four major events, survived match point against her before coming [...]
The former UBS banker who set up on his own January 27, 2011 HIGH-PROFILE investment banker Ken Moelis established his global independent investment bank, Moelis & Company, in 2007. With over 460 employees across seven offices globally, £3.8bn of total asset management capital and having advised on over $300bn (£188bn) of transactions, Moelis has become something of a rising star in the investment banking industry. Prior to founding [...]
Inter deny preparing record £40m Bale bid January 27, 2011 INTER MILAN CEO Ernesto Paolillo has dismissed suggestions they will bid £40m for Tottenham’s Gareth Bale in the summer. It was reported yesterday that the Italian champions were set to offer a record fee for a British player, one who scored three goals and made two more in the sides’ Champions League meetings last year. [...]
Moelis targets Asia expansion with purchase January 27, 2011 INVESTMENT bank Moelis is making its first move into Asia with the acquisition of a local boutique adviser. The firm, founded by high-profile former UBS banker Ken Moelis, has developed aggressively since it began trading just over three years ago and is now making a global push. The bank has purchased Asia Pacific Advisers, the Hong Kong-based [...]
Almunia could return for Arsenal cup clash January 27, 2011 ARSENAL outcast Manuel Almunia is in contention for a sensational recall for Sunday’s FA Cup tie with Huddersfield Town. The Spanish goalkeeper has not played since September but manager Arsene Wenger said: “Almunia has a chance, Lukasz Fabianski no and for Thomas Vermaelen we need to be patient. [Sebastien] Squillaci and [Abou] Diaby will be [...]
LSE sees sales lifted in the third quarter January 27, 2011 THE London Stock Exchange reinforced its position as Europe’s leading bourse yesterday with a solid third-quarter trading update yesterday. The exchange beat analysts’ expectations with revenue of £165.9m in the three months to December, a six per cent rise over that period in 2009. The increase was largely due to income from its central counterparty [...]
Lancashire to announce debts January 27, 2011 CRICKET: Lancashire have alerted members they are set to announce losses of around £2m, the worst ever recorded by a county cricket club, and conceded that unless the Tesco-funded redevelopment of Old Trafford is finally cleared within the next two months, their future existence could be under threat. “If we don’t develop, there is no [...]
3i doubles its investments January 27, 2011 3I RAMPED up investments in the final quarter of last year to hit a total of £510m in the last nine months of 2010, the listed private equity firm said yesterday. The figure was more than double the investment made in the same period in 2009, its interim management statement said. Buyout deals made up [...]
