BP's low valuation makes it a takeover target.
Well, that's according to fund manager M&G - which is a shareholder in BP - via the front page of The Sunday Times business section...
Chums on The Sunday Times had a decent haul this weekend.
Jamie "Nimmers" Nimmo landed the splash (lead item) in the business section about FTSE 100 giant Vodafone and his tale seemed to suggest activist investor Cevian may be looking to re-build a shareholding in the business following the departure of Nick Reid, the chief executive. Below is a link to Nimmers's story:..
It's been quite a while since Betaville has seen David Rothnie's by-line appear on the front pages of the business section of a British national newspaper.
But today Rothnie - former investment banking editor at Financial News - turned up with a stunning tale about Bob Diamond weighing an offer for Credit Suisse's dealmaking advisory unit, which is now called CS First Boston...
Little old Betaville has noticed there appear to be a growing number of super senior City hacks getting involved with podcasts set up by super senior flacks (also known as financial public relations executives).
This trend appears to have been kicked off by Jonathan Ford, former Financial Times Lex and leader writer, and Neil Collins, former City editor of The Daily Telegraph...
The little end piece of Oliver "Shahsy" Shah's column in yesterday's The Sunday Times business section caught Betaville's eye yesterday.
Olly was pushing the idea that Centrica, the FTSE 100-listed owner of British Gas, could be a takeover target for an oil major or European utility. Below is the link to yesterday's piece:..
You know the rumours about a potential sale of Chelsea FC are serious when the venerable Wall Street Journal finally decides to get on the story.
The WSJ has just published a piece claiming Roman Abramovich is seeking takeover bids for Chelsea FC, which has won the European champions league twice, ahead of the Russian tycoon being hit by financial sanctions. Below is the link:..
Forget about waiting until Monday morning.
Clipper Logistics has just announced it is minded to recommend a cash and shares offer from US rival GXO Logistics Inc at 920p a share. Presumably The Sunday Times piece nudged both companies into making the announcement today.
Below is the link:..
Dominic O'Connell, a former boss during my time jobbing on The Sunday Times busines desk, appears to be suggesting something similar to Sky News's Ian "Kingy" King earlier in the week...
There is a big deal story breaking this Saturday morning from, er, The Sunday Times.
Oliver "Shahsy" Shah and Sabah Meddings have dug out a jumbo scoop about FTSE 100-listed Unilever launching a £50 billion takeover bid for GlaxoSmithKline's consumer division. Below is a link to their cracking tale:..
George Osborne's new (ish) corporate finance firm received some generous press with reports suggesting Robey Warshaw partners shared £30 million over the last year.
Well, that's what the latest set of accounts show, according to Jim "Armo" Armitage piece in yesterday's The Sunday Times. Below is the link to his piece in yesterday's newspaper:..