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CVC buys AB InBev arm in $3.03bn deal

15.10.09

The biggest European private equity deal of the year was revealed today, as CVC Capital Partners announced that it will pay as much as $3.03 billion (Ł1.8 billion) for AB InBev’s central European operations ... more

City buzzing as rumours of Qatari offer boosts Sainsbury’s by Ł1bn

15.10.09

J Sainsbury whetted City speculators’ appetites today as revived talk of a takeover added almost Ł1 billion to the stock market value of the UK’s third-biggest food retailer... more

F1 boss Bernie Ecclestone pockets 15 per cent pay rise while sport loses millions

10.09.09

Formula One motor racing boss Bernie Ecclestone pocketed a pay rise of nearly 15 per cent last year, despite the fact the sports series is haemorrhaging over Ł300 million a year... more

Ł680 million bid cranks up battle for National Express

27.08.09

The battle for National Express got into gear today as its biggest shareholder said it has made a private-equity backed offer of 450p for the struggling trains and coach group ... more

Royal Mail stake sell-off is put on hold by Mandelson

29.06.09

Lord Mandelson has delayed controversial plans to sell a stake in Royal Mail after weeks of opposition from MPs and trade unions... more

BlackRock buys Barclays Global Investors sold for Ł8.2 billion

12.06.09

Barclays has today sold its fund management arm, Barclays Global Investors (BGI) to US money management giant BlackRock for Ł8.2 billion, creating the world’s biggest asset manager ... more

Debenhams raises Ł323m to tackle its debt mountain

04.06.09

Debt-laden Debenhams today moved to pay off about a third of its Ł950 million borrowing mountain, raising Ł323 million from the City ... more

Barclays in $10 billion talks to sell BGI

15.05.09

Barclays is in talks to sell its asset management arm, Barclays Global Investors, for about $10 billion, it emerged ... more

Banks and miners take heart but oil shares drift

14.04.09

Better-than-expected results overnight from Wall Street investment bank Goldman Sachs set the tone for trading in London as investors returned from the Easter break... more

M&S firmer despite the talk dividend will be cut

09.04.09

Morgan Stanley has joined the growing number of brokers warning clients that one of the UK’s best-known retailers will have to cut its dividend next month, with potentially disastrous consequences for the share price ... more

CVC Partners snaps up iShares from Barclays in Ł3 billion deal

09.04.09

Barclays was today finalising details of the Ł3 billion sale of its exchange traded funds business iShares to British private-equity group CVC Partners... more

The cash kings

08.04.09

The recession isn’t hurting everybody. These 20 tycoons sold out before the going got tough and now they’re sitting on vast fortunes — while the City watches their every move... more

Barclays 'near to Ł3bn iShares sale'

31.03.09

Barclays has moved on to exclusive talks with London-based private-equity firm CVC Partners to sell its iShares exchange-traded funds business for Ł3 billion... more

RBS pulls plug on Ł7bn insurance arm sell-off

05.02.09

Royal Bank of Scotland dramatically scrapped the sale of its insurance division, which includes Direct Line and Churchill and had originally been expected to raise the bank up to Ł7 billion in badly needed capital... more

Smiths chief in line for top job at Royal Mail

23.01.09

Royal Mail has picked Smiths Group chairman Donald Brydon as its top choice to lead the company through its part-privatisation.... more

RBS 'ready to dump its Bank of China stake'

31.12.08

Banking: There is growing speculation that Royal Bank of Scotland may dump its Bank of China stake as a three-year lock-up on the shares expires... more

Citigroup cut 11,000 jobs in past 3 months

16.10.08

Banking: The carnage in the banking sector continued when Wall Street giant Citigroup said it had slashed 11,000 jobs in the past three months... more