Spurs to let Villas-Boas spend July 3, 2012 TOTTENHAM chairman Daniel Levy will back new manager Andre Villas-Boas in the transfer market as the North London club aim to secure a return to the Champions League. Villas-Boas yesterday signed a three-year contract to succeed the sacked Harry Redknapp at White Hart Lane and, Levy has confirmed, will be given the funding necessary to [...]
Batsmen will inspire England to series win July 3, 2012 England face Australia at Edgbaston today with the momentum in this one-day international series. If they can triumph again then they’ll know they’re on their way to a series win. If they take a 5-0 victory, they overtake Australia as the world’s top one-day side, but talk of a whitewash remains premature. This isn’t a [...]
Chambers makes Olympics cut July 3, 2012 OLYMPICS: Sprinter Dwain Chambers, a former drugs cheat, has controversially been selected in Team GB’s athletics squad for London 2012. Among those joining him is Jessica Ennis, Mo Farah, Phillips Idowu, Dai Green and Christine Ohuruogu.
Sagan wins his second Tour stage July 3, 2012 CYCLING: Peter Sagan yesterday won the third stage of the Tour de France, his second of the race. The Liquigas rider won the 197km stage from Orchies to Boulogne-sur-Mer to add to his first-stage victory.
BlackRock buys SwissRe private equity business July 3, 2012 US INVESTMENT manager BlackRock is buying Swiss Re’s European private equity arm, marking the second deal for a private equity fund manager in as many days as sellers contend with a new regulatory landscape and tough trading. Swiss Re’s deal to sell its $7.5bn (£4.8bn) private equity and infrastructure fund of funds business follows hot on [...]
Swiss split particles while funds join forces July 3, 2012 IT’S set to be an explosive Fourth of July. Quite apart from the fireworks at the Treasury select committee, today in Geneva the atom-smashers at Cern will announce signs of the elusive Higgs boson, a key component to explaining the property of mass in the universe. Winton Capital was said to be recruiting in Geneva [...]
Wood Mac stake fetches £1.1bn July 3, 2012 HELLMAN & Friedman will take a majority stake in energy analysis group Wood Mackenzie in a deal that values the company at £1.1bn including debt, marking a relatively quick turnaround for seller Charterhouse in a sluggish market. The deal comes just three years after Charterhouse bought the firm – which has over the years been [...]
HGCapital sells SHL for $660m July 3, 2012 PRIVATE equity group HgCapital has sold employment consultancy SHL to larger rival Corporate Executive Board for $660m (£420.6m), having quadrupled the value of the firm within six years. HgCapital, which bought the firm for £100m in 2006, has sold out from SHL after helping to almost double the firm’s revenues and treble its earnings. HgCapital [...]
Man Utd unveil IPO in New York to pay off debts July 3, 2012 MANCHESTER United last night filed documents for an initial public offering (IPO) of shares to be listed on the New York Stock Exchange. The size of the offering has initially been listed at $100m yet analysts expect that the figure could change significantly, with the price and quantity of shares yet to be decided. The [...]
Asia Pacific growth helps give Clifford Chance bigger profits July 3, 2012 CLIFFORD CHANCE, the UK’s biggest law firm by revenues, yesterday raised the bar for its magic circle competitors as it announced a seven per cent rise in turnover. Revenues at the firm were £1,303m in the year to 30 April, up from £1,219m in the previous 12 months. Profits per equity partner also grew by [...]
