Posts tagged: the times
Wednesday, 8 November 2023, 6:30 pm
Hat tip to Isabella Fish, the new (ish) retail editor at The Times.
Tucked away in her piece about Shein, the Chinese retail giant, registering an interest in purchasing TopShop from Asos was an almost more interesting line about Umar Kamani putting together a rival bid by forming consortium with Middle Eastern investors to buy the fahsion brand. Below is a link to Isabella's story:..
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Wednesday, 1 November 2023, 10:32 am
Hacks at The Times have done a good job of unpacking the shenanigans going on at Jersey-based oil and has explorer Upland Resources.
It would appear the company reveived a takeover approach from a "phanton" offeror. Now, you don't get many of those in the London market.
Anyway, if you want to read the whole story then little old Betaville suggests reading Jessica Newman and Emily Gosden's piece on this sorry affair by clicking on the link below:..
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Betaville IntelligenceMonday, 9 October 2023, 10:07 am
The echo chamber went into overdrive last week, with both the Daily Mail and The Times following up little old Betaville's UNCOOKED Alerts about Aviva.
In case you missed them, below are the links to those reports and little old Betaville's original alert:
https://www.betaville.co.uk/betaville-intelligence/56h57bbz/..
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Betaville IntelligenceFriday, 6 October 2023, 8:18 am
Dominic, "Dom", Walshhas followed up on little old Betaville's UNCOOKED about Aviva earlier this week.
In his market report colum today Dom, a veteran business hack at The Times, writes that "chatter surrounding Aviva refused to die down", suggesting also that an American company may be looking at purchasing the FTSE 100-listed insurance business. Below is a link to Dom's column:..
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Betaville IntelligenceMonday, 25 September 2023, 8:42 pm
Helen Cahill, a hack on the business section of The Times, landed on the front page of the business section with a decent new line on the Elementis story. Below is the link to it:
https://www.thetimes.co.uk/article/investors-back-franklin-mutual-calls-for-elementis-sale-3mzm2z97l..
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Betaville IntelligenceThursday, 24 August 2023, 9:04 am
Another good spot from The Times market report.
The column highlights that Frasers Group, which is ultimately controlled by the billionaire Mike Ashley, has increased its shareholding in Asos to 18pc. Below is the link to yesterday's announcement:
https://www.londonstockexchange.com/news-article/ASC/holding-s-in-company/16095632..
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Betaville IntelligenceFriday, 18 August 2023, 5:47 pm
There was a paragraph that stood out in today's The Times market report written by Dominic "Dom" Walsh.
"The latest whisper is that Frasers Group, the second biggest shareholder in the online fashion house with a 17 per cent stake, is trying to find a block of shares with the aim of becoming the biggest shareholder and getting a seat in the boardroom. Talk that Mike Ashley could bid refuses to go away"...
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Betaville IntelligenceTuesday, 8 August 2023, 6:00 pm
A good spot from The Times market report.
Mike Ashley has increased Frasers Group's stake in London-listed fashion retailer Asos, again.
Frasers Group now owns just under 17pc of Asos, according to The Times.
And if Ashley keeps on increasing his stake in Asos to over 21.8pc he will overtake the largest shareholder in the company - Danish billionaire Anders Povlsen, the owner of Bestseller...
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Thursday, 29 June 2023, 5:20 pm
Well, it turns out there was no formal "denial" from Amazon to CNBC after all about it's interest in Ocado, the London-listed online food retailer.
According to Bloomberg, CNBC said it“inaccurately stated in an on-air graphic the current status of Amazon’s engagement with Ocado"...
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Thursday, 22 June 2023, 10:28 am
Ocado shares are currently up around 43pc at pixel time.
There has been no confirmation, yet, of Dom Walsh's takeover story in today's The Times so little old Betaville assumes there could be a bit of short squeeze going on here, especially as Ocado is one of the most shorted stocks in the London market.
According to data provider Shortracker.co.uk, around 6.1pc of Ocado's stock is on loan to short sellers. Below is a link to Shortracker.co.uk:..
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