Posts tagged: FirstGroup

Tchenguiz boosts FirstGroup stake to over 3pc

Monday, 12 August 2019, 10:10 pm

Here is something that reminded little old Betaville of the pre financial crisis / credit boom era: Robert Tchenguiz building substantial stakes in British publicly-listed companies.

Such a phenomenon hasn't happened since the colourful businessman and property entrepreneur bought 10pc of FTSE 100-listed J Sainsbury and sizeable holdings in other publicly-listed companies, such as Mitchells & Butler...

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2018 - a year of private equity tyre kicking...

Monday, 31 December 2018, 5:30 pm

On the cusp of the New Year Betaville thought looking backwards might be useful excercise to figure out what 2019 holds, especially for those bankers, lawyers and investors looking to get involved in dealmaking next year.

One thing that struck Betaville was the amount of attempted leveraged buy-outs of public companies, in particular UK-listed businesses, that failed to make it over the finishing line...

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Another day, another grump...

Wednesday, 11 April 2018, 9:50 pm

Betaville is another grump. After getting wind late in the day about an impending £1 billion takeover of bus and rail company First Group the company decided to announce an approach from American private equity house Apollo. Below is a link to First Group's announcement:..

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