General Election 2019: Boris Johnson urges UK to ‘let healing begin’ December 13, 2019 This was a live blog, thank you for following along Read more: UK stocks and sterling surge as Tories triumph at pollsRead more: Election live: Who were the big MP casualties?Read more: UK housebuilders rejoice as shares rise after Tory win 04.30pm: Over and out! That’s it for today – we’re off to get some [...]
Takeaway extends Just Eat takeover offer as it secures a slice of the vote December 12, 2019 Takeaway.com today said it has secured support for its Just Eat takeover offer from a chunk of shareholders, as it flexed its muscles amid a frantic bidding war with Prosus. The Dutch food delivery firm has tabled an all-share offer worth roughly £4.3bn, which has been recommended by the Just Eat board. Read more: Just [...]
Second law firm files multi-million foreign exchange class action against raft of banks December 11, 2019 A second law firm today launched a multi-million pound class action claim against a raft of banks which admitted rigging the foreign exchange markets. US litigation firm Hausfeld filed the claim in the Competition Appeal Tribunal (CAT) today against Barclays, Citibank, the Royal Bank of Scotland, JP Morgan, UBS and MUFG Bank over their participation [...]
Election 2019: Tories backtrack over claim aide was punched at Leeds Hospital December 9, 2019 The Conservatives have been forced to backtrack over claims a government aide was punched by a Labour activist during an altercation at Leeds General Infirmary. Health secretary Matt Hancock had been visiting the hospital after pictures emerged of a four-year old boy with suspected pneumonia sleeping on the hospital floor with coats for cover. However, [...]
Takeaway hits back at Prosus’s ‘derisory’ bid for Just Eat December 9, 2019 Takeaway.com has fired back at rival Just Eat bidder Prosus, saying its increased takeover offer “remained derisory”. Prosus this morning announced that it has hiked its offer from 710p per share to 740p per share, valuing Just Eat at roughly £5.1bn. Read more: Prosus hikes Just Eat bid as it ramps up pressure on rival [...]
Prosus hikes Just Eat bid as it ramps up pressure on rival Takeaway.com December 9, 2019 Just Eat bidder Prosus today said it has increased its takeover offer, as the tech group looks to fend off a rival bid from Takeaway.com. Prosus, which is owned by South African conglomerate Naspers, has hiked its offer from 710p per share to 740p per share. Read more: Takeaway.com slams Prosus ‘scaremondering’ in battle to [...]
General Election 2019: Labour’s household finances pledge savaged December 4, 2019 Labour’s pledge to save households more than £6,700 each year has been savaged by commentators and industry experts who question the party’s figures and assumptions about privatisation. John McDonnell told supporters in Birmingham that those warning about the risks of Labour’s plans to nationalise energy, broadband, water and other industries claiming that “the privatisation fat-cats [...]
Takeaway.com lashes out at Prosus ‘scaremongering’ in battle to buy Just Eat December 3, 2019 Takeaway.com has accused Prosus, the company it is competing against to buy Just Eat, of “scaremongering” to try to persuade shareholders to accept its rival offer. The Dutch food delivery firm has had a £5bn bid accepted for Just Eat but tech group Prosus has come in with a rival 710p per share offer. Read [...]
Corbyn can’t fix your miserable commute December 3, 2019 Jeremy Corbyn is well and truly getting into the Christmas spirit — he’s making a list, checking it twice, gonna find out who’s naughty or nice, Jeremy is coming to town. Momentum activists could turn that into a Christmas number one. But who’s on the Labour leader’s list? Well, he’s pretty clear about who’s been [...]
Cat Rock says Prosus will have to raise Just Eat bid to 925p per share December 2, 2019 Activist investor Cat Rock has said it will throw its weight behind Just Eat’s Takeaway.com merger unless Prosus raises its offer to 925p per share. The Dutch food delivery firm has had a £5bn bid accepted for Just Eat but tech group Prosus has come in with a rival 710p per share offer. Read more: [...]