Cable tycoon John Malone's Liberty Global has confirmed that it is in discussions with the board of London-listed Caribbean telecoms operator, Cable and Wireless Communications (CWC), to buy its entire issued and to be issued share capital. The potential takeover deal that is valued at £3.7bn (€51.bn,$5.7bn) could be financed through a combination of cash and equity.The deal would allow Liberty to create a larger operational unit by combining CWC with its Latin American assets in Puerto Rico and Read more [...]

British toy retailer, Hamleys, is in buyout talks with Hong Kong-listed footwear retailer C.banner International Holdings for about £100m (€138.6m, $154.1m). In 2012, the 255-year-old firm was reportedly sold to French toy retailer, Groupe Ludendo, for about £60m.In a statement, C.banner said that discussions with Groupe Ludendo regarding the deal were in an "advanced stage". The Hong Kong-listed company said: "[It is] in the process of negotiating and finalising the definitive documentation Read more [...]

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08:39 22 October 2015 by James Scott The Maltings. Archant A Grade-II listed building which was severely damaged by Read more [...]

A Rotherhithe activist is applying for listed heritage status for Greenland Dock, a move she hopes will protect it from future “inappropriate” development plans. Andie Byrnes, who lives in Onega Gate overlooking the historic dock, decided to take matters into her own hands when she heard that a floating swimming pool was being proposed at the site. She said: “The first thing that should be highlighted is that the adjacent lock is already listed. I feel that the lock and dock should Read more [...]

SELLER: Estate of Kirk KerkorianLOCATION: Beverly Hills, CAPRICE: $22,000,000SIZE: 9,732 square feet, 6 bedrooms, 6.25 bathrooms YOUR MAMA’S NOTES: Thanks to vigilant informant Lucky Spillerguts we learned that the Beverly Hills estate of the recently deceased self-made multi-billionaire Kirk Kerkorian popped up for sale at $22 million. Property records suggest the hard-charging businessman, the rags-to-riches Read more [...]

Samsung has quietly listed the new Galaxy On5 smartphone on its India website. Additionally, the company has also listed details of the Galaxy On7.The South Korean company is touting its all-new Galaxy On5 smartphone to feature "sleek design" alongside a camera that can "click brighter, more detailed images, and superb selfies." Unfortunately, there is no word on the pricing of the Samsung Galaxy On5 smartphone or details og when the handset will go on sale. We can expect the smartphone to Read more [...]

21 October 2015 | By David Rogers Scheme will include over 100 homes <!-- Register on the BD website for free. --> Register for free to keep reading <!-- Click below to register to BD online for free and gain access to the latest news (excludes some subscription only content) and receive a range of e-newsletters. --> Click the button below and complete the registration form to gain access to the latest news stories. Read more [...]

Supercar maker Ferrari achieved a top-of-the range stock market valuation as its shares were priced at $52 each, giving it a market capitalisation of $9.8bn. The company filed for an Initial Public Offering (IPO) in July and will begin trading on the New York Stock Exchange on Wednesday under the stock ticker RACE, in one of the most highly anticipated public offerings of the past 12 months.  Traders expect an early starting-grid scramble among investors with a penchant for trophy assets, Read more [...]

The dual listing was created through a marriage of equals when British-based Billiton merged with Australian group Broken Hill Proprietary Company (BHP) in 2001. The deal brought BHP’s huge Australian coal, iron and copper assets together with Billiton’s aluminium, nickel and manganese mines. It also gave the company access to the deep pockets of mining investors in London to fund acquisitions. The partnership has been hugely successful. Shares in BHP have more than tripled from around 350p Read more [...]