Hedge fund group Man sells stake in BlueCrest for $633m

Man, the world's largest listed hedge fund group, has sold its 25% stake in rival BlueCrest for $633m.The sale - to BlueCrest's partners - will generate a profit of around $250m on an investment made by Man in 2003. The proceeds will be used to boost Man's regulatory capital surplus. Peter Clarke, Man's chief executive, said the sale was part of its strategy to focus on its own investment management activities: We have had a long and successful relationship with BlueCrest and this transaction Read more [...]

UK’s last listed ports company Forth Ports bought for £760m by investment firm

By Daily Mail Reporter Last updated at 10:02 AM on 22nd March 2011 The UK's only listed ports company is to be taken into private hands after agreeing to a £760m takeover from its largest shareholder.Tilbury Docks owner Forth Ports has given its backing to a 1630p-a-share offer from Arcus European Infrastructure Fund, which already owns 22.8% of the company as well as continental Europe's second biggest dry bulk port operator Euroports.Arcus has pledged to keep Forth's headquarters in Scotland Read more [...]

Luxury new houses for sale in Kent – March 2011 update

There are many luxury new homes for sale in Kent on the market today, benefiting from great country locations in the heart of the Garden of England, and enjoying fast and regular rail services to London. Many of these new luxury Kent homes are individually built, offering ample space for growing families or entertaining. Ward Homes is offering 9 Halstead Place in the village of Halstead for £949,995. This contemporary new five-bedroom house lies just six miles from Sevenoaks, between Knockholt Read more [...]

North Iowa Today for March 22

For other fun events, go to www.globegazette.com and click on the Entertainment link. To suggest events to be listed here, please e-mail specifics to judy.delperdang@globegazette.com. You can also post them in the online Events Calendar by following the posting prompts. CLEAR LAKE — A Quality Fair will be from 2:30 to 4 p.m. in the gym at Opportunity Village’s Kinney-Lindstrom Center. The community is invited and admission is free. MASON CITY — Mason Read more [...]

Historic church up for sale

By laura elvin An historic church in Leicester has been put up for sale. Grade II-listed St Saviours, in Highfields, Leicester, could be turned into flats, offices or a hotel after being put on the market this week. The Victorian gothic church, in St Saviours Road, shut in 2005 and has been hit by vandals. Leicester estate agent Andrew Granger Co, which is managing the sale, said the building could fetch up to £750,000. St Saviours, which could seat a congregation Read more [...]

Universum’s incredibly flawed list of places where young professionals most …

What do the following organizations have in common? Internal Revenue Service Nestle USA AstraZeneca Target Home Depot Wegmans Food Markets CVS Caremark Diageo ConAgra Foods Newell Rubbermaid Answer: All are included in a list of 150 employers presented to more than 10,000 young professionals in a survey by consulting firm Universum. (Also see: Survey: Google world's No. 1 corporate brand) The survey asked respondents to pick five ideal employers from the list. Coming out on top -- by Read more [...]

Roman’s Empress: She’s the oligarch’s daughter who hooked Chelsea’s owner. Now …

By Catherine Ostler Last updated at 1:17 AM on 22nd March 2011 Upwardly mobile: Dasha Zhukova is reportedly now engaged to Russian billionaire Roman Abramovich Overlooking the Thames by Battersea Bridge, on Chelsea’s Cheyne Walk, is one of London’s great drawing rooms. Fifty feet long, with high ceilings, this salon is set within a Grade-II listed house which has been home to the painter James Whistler, Nancy Mitford’s sister Diana, and the late former Tory minister Paul Channon.Prince Read more [...]

Facebook Adds Check-Ins to Events

Facebook is reportedly adding another layer to its location-based features by adding check-ins to events. The company confirmed the new feature with PC Mag: "We are currently testing a way for people to check in to Events," Facebook's Meredith Chin said. "We will be releasing it with the next version of the iPhone app." According to an All Facebook report, the option to check in will appear on an icon that will only be available on the day of the event. This feature will also Read more [...]

Reading and Leeds Festival Tickets Go On Sale, 2011 Lineup Announced

Tickets for the Reading and Leeds music festivals have gone on sale. They're offering two types of Reading tickets and Leeds tickets -- single-day passes for $82.50 and weekend tickets for $192.50. Find out more about the Reading Festival and Leeds Festival. The Reading and Leeds 2011 headliners are My Chemical Romance, The Strokes, Muse and Pulp. Other interesting names for this year's lineup include Crystal Castles, Death From Above 1979 (riots!), The National, Elbow, Beady Eye, Read more [...]

Reid Stakes is Black-listed

SUCH is the domination of outstanding mare Black Caviar that Friday night's William Reid Stakes could attract a field of only five - and if her major opponent, Crystal Lily, heads to Adelaide for the Sangster Stakes on Saturday, the Moonee Valley race is set to be a non-contest. David Moodie, senior part-owner of Crystal Lily, last year's Golden Slipper Stakes winner, confirmed yesterday that he was considering the group 1 Sangster Stakes as an option Read more [...]