Posts tagged: Ocado

Mocado -Part 3

Tuesday, 5 March 2019, 7:30 pm

I see Betaville's friends over at the Evening Standard's business section have followed up this NM Rothschild conflict of interest line and landed up a rather juicy scoop in the process.

Indeed, Russ Lynch dug out the fact that Rothschild banker Nigel Higgins, the soon-to-be chairman of scandal hit Barclays, was in fact working for John Lewis/Waitrose on an almost identical deal just a few months ago...

Read more...

Mocado -Part 2

Monday, 4 March 2019, 7:49 pm

Impressive: the chaps at NM Rothschild have turned up as lead financial adviser to Marks & Spencer on its JV deal with Ocado.

So, the venerable merchant is now lead adviser to three of the largest food retailers in the UK - Asda/Wal-Mart, Wm Morrison and now Marks & Spencer (from memory previously Citigroup/Schroders led the charge for M&S)...

Read more...

Mocado...

Tuesday, 26 February 2019, 7:24 pm

Mocado, Markado and Ocamark. These are just some of the monikers being used to describe the latest Marks & Spencer / Ocado joint venture tie-up.

Anyway, hat tip to the Evening Standard's Russell Lynch for smoking out the latest iteration of the deal with his scoop today in the paper about the impending transaction. Below is a link to Russell Lynch's piece in case you missed it:..

Read more...

Sunday review - Marks & Spencer, Ocado and Paddy Power Betfair/Stars Group

Sunday, 27 January 2019, 3:42 pm

Betaville's friends and colleagues on the Sunday papers were clearly working hard last week at digging up stories that make you perk up over your Sunday morning fry up.

Indeed, one of the stand out scoops of the weekend was Neil Craven's blockbuster jackanory in the Mail on Sunday about Marks & Spencer's talks about a combination of sorts with online grocer Ocado. Below is the link:..

Read more...

Those Ocado bid rumours...

Tuesday, 20 June 2017, 6:42 pm

I see almost all of the business sections of the quality British newspapers ran with the Amazon-for-Ocado bid rumour today, with some publications even dedicating a whole page lead to the takeover speculation.

No surprises, there, I suppose. Amazon's sensational $13.7 billion move on Whole Foods in the US late last week has got tongues wagging in the Square Mile about how the American online retail giant plans to take on the British grocery market...

Read more...

He has had a brace; now he is looking for a hat trick...

Tuesday, 16 May 2017, 8:04 pm

That's Andrew Bracey, the former chief financial officer of Ocado and ex investment banker at Barclays, UBS and Credit Suisse.

Since leaving his job as chief financial officer at Michael Page the dealmaker has set up buy-out firm Midlothian Capital Partners, which has already done a couple of major deals. They include the £217 million purchase of garden centre group Dobbies from Tescos and the £103 million acquisition of Park Leisure, the caravan park and holiday homes group...

Read more...