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: [...]
The Lion, the Witch and the Wardrobe at Bridge Theatre review: Perfect family fun November 29, 2019 Christmas is not typically a high-point for theatre, but parents seeking something beyond this season’s repertoire of pantomimes should look to this loveable interpretation of The Lion, the Witch and the Wardrobe. CS Lewis’ 1950 novel is sometimes viewed a little suspiciously, given it’s a fairly transparent allegory for the Christian origin story. But it’s [...]
Just Eat investor Cat Rock backs Takeaway offer amid ‘terrible value destruction’ November 26, 2019 A major Just Eat shareholder has urged fellow investors to back a takeover offer from Takeaway.com, saying the deal was necessary to avert the firm’s “terrible value destruction”. Cat Rock Capital, which holds a stake of roughly 2.6 per cent in the delivery firm, today threw its weight behind Takeaway’s offer, which values Just Eat’s [...]
This election is a battle Labour does not deserve to win November 22, 2019 In 2004, the US chat show host Oprah Winfrey gave away a brand new car to each member of her studio audience. It was badged as an act of unparalleled generosity — though, as is the way of these things, the reality was more complicated. Gift taxes hit recipients hard — and the cars themselves [...]
Greg Hands: Vote Lib Dem, Get Labour November 19, 2019 Greg Hands, the Conservative candidate for Chelsea and Fulham, tells Cat Neilan why this is the toughest election he’s had to fight BEING a Conservative candidate in some of London’s most exclusive constituencies used to be a walk in one of their leafy parks. But such is the political realignment in the wake of Brexit [...]
Hong Kong Betting Tips: Starlit to cap a Perfect Knight for Zac Purton at Happy Valley November 19, 2019 HOPEFULLY the on-going political unrest in Hong Kong, which caused the cancellation of racing at Happy Valley last week, doesn’t disrupt things at the inner-city track today. Racing takes place on the infamous ‘C+3’ course, which is the narrowest of the seven tracks raced on at the Valley. With the track measuring just under 20 [...]
‘Fake mews’: Larry the Cat isn’t retiring from Downing Street any time soon November 19, 2019 Arguably Number 10’s most beloved resident, Larry the Cat, is believed to be staying put despite reports that he could leave in the New Year. Speculation had swirled that Downing Street’s famous feline was set to step out of the limelight and into retirement in 2020, regardless of who holds the title of Prime Minister [...]
Can you trust custom-made funds? November 19, 2019 Segregated mandates — possibly the most unsexy phrase you will come across all year. And yet, these boringly named contracts are becoming increasingly popular. When wealth management firms hire a fund manager to run a bespoke investment portfolio for their clients, this is known as a segregated mandate. Take, for example, St James’s Place (SJP), [...]
Labour pledges an extra £40bn to NHS November 12, 2019 Labour will outspend the Tories on health by promising an extra £40bn to the NHS if it wins next month’s General Election. Shadow chancellor John McDonnell and shadow health secretary Jonathan Ashworth will unveil Labour’s health policy tomorrow, promising to increase the health and social care budget to £178bn in 2023-24 – an average annual [...]
Law firm tries to muscle in on £1bn forex cartel claim November 6, 2019 US claimant law firm Hausfeld is trying to muscle in on a £1bn group action against a raft of banks who were found to have rigged the foreign exchange markets. The Competition Appeals Tribunal (CAT) heard today that Hausfeld is set to bring a claim by the end of November. The CAT was sitting for [...]