Takeover talk continues to grip the stock market – and all eyes will be on serviced office company IWG when trading resumes today. Reports last night suggested the firm, which owns Regus and is valued at £3billion, is a potential target. New York based private equity firm CC Capital has held talks with the London-listed … Read more
MIDAS SHARE TIPS UPDATE: Our precious metals mining tip Capital produces a golden glow By Joanne Hart, Financial Mail on Sunday Published: 21:51 BST, 12 June 2021 | Updated: 21:51 BST, 12 June 2021 Gold was trading at just over $1,500 (£1,100) a troy ounce in January 2020. Six months later, the price had … Read more
Private equity has been swarming all over the London stock market and yesterday Equinti moved one step closer to being swallowed. The little known outsourcing firm – it provides payment services for companies like Easyjet (up 1.1 per cent, or 11p, to 997.8p) – has agreed a £673million deal with New York-based Sirius Capital. It … Read more
Bills for administrators and lawyers to wind down Greensill Capital’s UK business estimated to come in at more than £30m in first year alone By Daily Mail City & Finance Reporter Published: 22:03 BST, 7 May 2021 | Updated: 22:03 BST, 7 May 2021 The bills for administrators and lawyers to wind down Greensill Capital’s … Read more
Hedge fund at the centre of £7bn banking disaster teeters on the brink of collapse By Daily Mail City & Finance Reporter Published: 21:50 BST, 5 May 2021 | Updated: 21:50 BST, 5 May 2021 The hedge fund at the centre of one of the biggest recent disasters in banking is teetering on the brink … Read more
US private equity giants JC Flowers and Bain Capital become major shareholders in the Co-operative Bank By Daily Mail City & Finance Reporter Published: 22:01 BST, 28 April 2021 | Updated: 22:01 BST, 28 April 2021 US private equity giants JC Flowers and Bain Capital Credit have become shareholders in the Co-operative Bank Two US private … Read more
Global banks’ losses from the Archegos Capital implosion soars past £7bn By Daily Mail City & Finance Reporter Published: 23:15 BST, 27 April 2021 | Updated: 23:15 BST, 27 April 2021 Archegos Capital sent ripples across the world last month when it hit the buffers Banks’ losses from the Archegos Capital hedge fund implosion have … Read more
Senior treasury officials offered to try to redesign a coronavirus business support scheme to help David Cameron, it has emerged. It comes as the former Prime Minister has been embroiled in controversy over texts asking Chancellor Rishi Sunak to support his employer Greensill Capital. Top officials went on to try to find a way for … Read more
Bidding war breaks out for Toshiba after Private Equity giant CVC Capital make an audacious £15bn bid By Matt Oliver For The Daily Mail Published: 21:51 BST, 7 April 2021 | Updated: 21:51 BST, 7 April 2021 A private equity bidding war has broken out for Japanese firm Toshiba. In a sign of just how … Read more
It’s been a strange 12 months in which we have given away so many of our personal freedoms in the name of the common good, now whether you agree or disagree about how things have been handled the one thing we can agree on is that we find ourselves here, now, today, not tomorrow and … Read more