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EC refers Shell’s sale of Shell Aviation Espana to Disa to local competition regulator

The European Commission (EC) said on Friday it had sent to the Spanish competition regulator for review the planned deal by Royal Dutch Shell plc (LON:RDSA) to sell a stake in its Spanish … Continue reading “EC refers Shell’s sale of Shell Aviation Espana to Disa to local competition regulator”


UK engineering firm Invensys terminates talks with potential buyers

British engineering group Invensys Plc (LON:ISYS) confirmed on Thursday it had been in very early talks with third parties interested in buying it, including US Emerson Electric Co (NYSE:EMR), but the negotiations had … Continue reading “UK engineering firm Invensys terminates talks with potential buyers”


Concerns over London-listed miner ENRC’s Congo deals

A need for greater scrutiny of UK mining deals in the Democratic Republic of Congo (DRC) was highlighted on Tuesday by campaigners questioning the use of opaque off-shore companies to buy some of … Continue reading “Concerns over London-listed miner ENRC’s Congo deals”


Sponsor Montagu sells Germany’s BSN to rival EQT for €1.8bn — report

Swedish private equity investor EQT Partners AB has emerged victorious in the competition for German woundcare products specialist BSN Medical GmbH, the Financial Times reported citing sources familiar with the matter. EQT has … Continue reading “Sponsor Montagu sells Germany’s BSN to rival EQT for €1.8bn — report”


PLUS stock exchange planning to close down as sales process falters

PLUS Markets Group plc (LSE:PMK), a British stock exchange for smaller firms, announced today that it is planning to close. A formal sale process was launched by PLUS in February and the board … Continue reading “PLUS stock exchange planning to close down as sales process falters”


UPDATE: Anglo American to meet competition conditions on JV with Lafarge

London-based miner Anglo American Plc (LON:AAL) welcomed on Tuesday the ruling of UK’s competition regulator on its planned joint venture with French cement producer Lafarge (EPA:LG) and expressed confidence that they would be … Continue reading “UPDATE: Anglo American to meet competition conditions on JV with Lafarge”


Next discount glitch sells £1198 sofa for just £98

Fashion and homeware retailer ‘Next’ accidently listed a £1,198 sofa on its website for just £98. The blunder meant that the sofa had been reduced by £1,100 instead of the intended £100.   … Continue reading “Next discount glitch sells £1198 sofa for just £98”


World-famous hotel up for sale

WORLD-famous hotel and golf resort The Belfry has been put up for sale after its owners were plunged into a financial crisis.   The internationally-renowned venue, which has played host to the Ryder … Continue reading “World-famous hotel up for sale”


Property developer jailed for £25m VAT fraud

A Middlesex man who evaded £25m in tax by submitting false VAT repayment claims for 15 different companies has been jailed for eight and a half years after an investigation by HM Revenue … Continue reading “Property developer jailed for £25m VAT fraud”


“Windsor Power” is in action around the world

After Kate and William’s wonderfully traditional and glamorous Royal Wedding, “Windsor Power” is in action around the world. Prince William to Catherine Middleton’s spectacular Royal event delivered hundreds of millions of pounds in … Continue reading ““Windsor Power” is in action around the world”


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