Media secretary demands updates into Redbird IMI’s Telegraph sale
Earlier this week, Abu Dhabi-backed investment fund Redbird IMI formally withdrew its offer for the Telegraph and launched a sale of it.
Acquisition helps sales grow at cereal giant Weetabix
The acquisition of a cereal maker on the border between England and Wales helped sales at Weetabix increase by almost 10 per cent, it has been revealed.
Former Lord Mayor William Russell elected chair of Barbican Centre Board
Former Lord Mayor of the City of London William Russell has been elected chair of the City of London Corporation’s Barbican Centre Board.
City private equity house Pollen Street reports strong demand for its private funds
City private equity house Pollen Street said it was on track to raise a €1bn deals warchest today as it bumped up its assets under management in the first three months of the year.
Asda kicks debt worries into the next decade after £3.2bn deal
Asda has pushed its debt worries into the next decade after it refinanced more than £3.2bn of its debt, it has been announced.
Future: Publishing giant poaches ITV veteran to be new finance chief
Publishing giant Future has poached ITV veteran Sharjeel Suleman to be its new chief financial officer as the firm looks to rebound from a slump in profit last year.
Guinness-maker Diageo poaches Coca-Cola bottler finance chief as Crew looks to revive sales
Diageo has poached a new chief financial officer from the world’s largest Coca-Cola bottler today as chief executive Debra Crew pushes ahead with plans to revive the drinks giant's flagging sales.
IHG: Holiday Inn owner posts rise in revenue driven by growth in Europe and Asia
Holiday Inn owner InterContinental Hotels Group (IHG) has reported an increase in revenue as the tailwinds that turbocharged its profits last year roll over into 2024.
Spurned DS Smith bidder Mondi battles lower selling prices
Packaging and paper Mondi has reported that it has entered the year with lower selling prices, with the blame on the devaluation of the Egyptian pound
Trainline doubles profit as sales in Europe accelerate amid Labour’s nationalisation threat
New ticket sales rose 22 per cent to £5.3bn up from £4.3bn in 2023 due to strong European demand and an ease in the impact of UK rail strikes.