Posts tagged: Financial Times

Wonder Wilson and bank rows...

Tuesday, 22 August 2017, 7:34 pm

Hat tip to my old Telegraph colleague Harry Wilson, now City editor at The Times, who today landed a rather good scoop about Eric Daniels, chief executive of Lloyds during the bailout, suing his old employer for hundreds of thousands of pounds of unpaid bonuses.

Below is a link to Harry's story, which was splashed across the front page of the The Times business section:..

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The dealmaker, the bank and the missing skyscraper series - UPDATE

Friday, 18 August 2017, 7:55 am

Credit Suisse has failed to get a Norwegian tycoon's claim thrown out of the High Court court and could be heading for a messy trial with plenty of juicy disclosure.

Court moles have got in touch with Betaville to inform this website that on July 11, 2017 the Honourable Justice Teare dismissed Credit Suisse's attempt to "strike out" with summary judgement Brova's multi-million claim over the Hertsmere House fiasco...

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Sunday review

Sunday, 7 May 2017, 9:18 pm

There weren't too many M&A scoops in the business sections this weekend but having worked for The Sunday Times, the Mail on Sunday and The Sunday Telegraph I know how some weeks it can be extremely tough digging out humdinger deal jackanories. They are a bit like buses - you wait for ages and then suddenly three come along in one go...

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Revealed: Incisive Media's Risk division sold to mystery French buyer for £120m - sources - part 2

Monday, 27 March 2017, 6:03 pm

I see freesheet City Am has followed up on little old Betaville's scoopette about Incisive Media, publisher of Investment Week, and its £120 million French deal. Click on the link below if your interested in the story:

http://www.cityam.com/261799/incisive-sale-uk-publishing-company-sells-magazine-titles..

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Revealed: Incisive Media's Risk division sold to French buyer for £120m - sources

Monday, 27 March 2017, 10:22 am

A mystery French company has bought Incisive Media's Insight group, publisher of trade well-known City titles such as Risk and the Insurance Post.

Private equity sources said the French company is thought to have agreed a deal with Incisive Media's owners that will see it pay around £120 million for Insight Group...

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Tick Tock

Wednesday, 22 February 2017, 6:51 pm

Two days on and the upper echelons of the financial media world are still picking over the carcass of the failed Kraft Heinz / 3G / Warren Buffett / Unilever deal.

Probably the best newspaper piece out there is the "tick tock" by Arash Massoudi and James Fontanella-Kahn in today's Financial Times. Here is the link in case you haven't read it:..

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Top of the market - the series returns - part 4

Friday, 17 February 2017, 1:15 pm

Take a bow Bryce Elder, stock market reporter over at the Financial Times. The intrepid hack has just landed the M&A scoop of the year, decade or, perhaps, century with his tale this morning about Kraft Heinz's £100 billion plus takeover approach for Unilever. If you follow M&A, I'm sure you have seen the statements.

I suspect rival hacks, such as the Kleinmanator of Sky News or team Bloomborg, will have trouble topping that one. Good luck to them...

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FT airs Axa and Generali merger rumours...-part 3

Thursday, 26 January 2017, 5:44 pm

Perhaps the FT's Axa / Generali merger rumours were just a load of hot air after all?

Yesterday, Reuters reported that Axa's CEO is "not interested in Generali" although if you read the story carefully the chief executive doesn't quite say what the headline claims.

Anyway, I will let readers decide what they think by providing a link to the Reuters piece below:..

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FT airs Axa and Generali merger rumours...

Tuesday, 3 January 2017, 8:59 pm

Here is something to liven up a cold January evening. Tucked away at the back of an FT analysis on dealmaking in the insurance industry is a rather intriguing line about how "rumours circulated through last year that two of the big European insurers - Axa and Generali - would try to get together".

That's the first time I have heard of that rumour for a while but perhaps Oliver Ralph, the insurance industry hack at the Financial Times, is/was more plugged in than me...

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Airline shenanigans

Saturday, 20 August 2016, 2:44 pm

I see the most of the British newspaper market reports ran the easyJet bid tale for a second day in a row.

However, the likes of Bryce Elder of the Financial Times and Martin Waller of The Times put a somewhat cynical spin on the jackanory, alluding to the gossip as a "silly season" story that typically come about during the dog days of August...

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When "old" becomes new news - part 2

Thursday, 26 May 2016, 12:00 am

Old deal stories that haven't made into the public domain yet are clearly becoming super fashionable in the mainstream business press.

Today the venerable Financial Times ran a piece about how a mid-level executive at Apple floated the idea of purchasing Time Warner in a meeting with another mid-level executive. Here is the link to the FT piece:..

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Quelle Surprise: Argus Media sold in £1 billion deal

Monday, 23 May 2016, 12:00 am

Hat tip to Neil Hume over at the Financial Times for landing the final twist in the tale of the sale of Argus Media and congratulations to all the journalists who work at the information service as many will soon become multi-millionaires. Here is the link to Neil's story:

http://www.ft.com/cms/s/0/8646d45c-20d1-11e6-aa98-db1e01fabc0c.html#axzz49UVqPBH7..

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