Posts tagged: Reuben Brothers
Wednesday, 25 March 2020, 7:04 pm
It sounds like there is more to the sale of Robert Tchenguiz's 6pc shareholding in FirstGroup than meets the eye.
Last week, brokers to the flamboyant property entrepreneur forced him to sell is investment after he failed to come up with the "margin" (cash to fund the leveraged position held by spreadbetting firms), say people following the situation...
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Sunday, 31 December 2017, 3:16 pm
Global 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...
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Thursday, 5 January 2017, 12:47 pm
The billionaire Reuben Brothers could be about to make another multi-million pound cash windfall from the sale of one of their businesses.
City 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...
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Thursday, 22 December 2016, 10:26 am
There is more evidence in the The Times and the Financial Times this morning that my piece - https://www.www.betaville.co.uk/news/chinese-still-circling/ - from earlier this week was/is bang on the money...
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Tuesday, 27 September 2016, 10:23 pm
It would appear one of the world's most powerful investment banks has landed a role on the Reuben Brothers' £5.2 billion sale of data storage company Global Switch to a group of Chinese investors.
Top sources have told little old Betaville Goldman Sachs has picked up a mandate advising on the deal, first revealed in the The Sunday Times a month or so ago...
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