Sunday, 31 December 2017 3:16 pmGlobal Switch announced on Friday after the market closed (it was a half day ahead of the New Year weekend) that Elegant Jubilee had bought another 2pc stake in Global Switch from the billionaire Reuben Brothers.
Thursday, 05 January 2017 12:47 pmCity sources the brothers are considering a sale of Metro International Trade Services, a metal warehousing company, after receiving approaches from potential buyers. I understand one of the purchasers is a mystery Chinese company.
Thursday, 22 December 2016 10:26 amIndeed, the picture story on the front page of the excellent The Times business section is about how a Chinese company (one of them called Shandong Ruyi Group) is in talks to purchase Acquascutum, the British luxury maker of raincoats, for $120 million.
Tuesday, 27 September 2016 10:23 pmTop sources have told little old Betaville Goldman Sachs has picked up a role advising on the deal, first revealed in the The Sunday Times a month or so ago.