Archive for the 'Finance & Insurance' Category

UK Ports - Possible Auction

Tuesday, June 20th, 2006

UK Auction Info
A BID battle for control of the UK’s biggest ports operator looks likely to intensify this week with a new offer which is worth almost £2.7bn.
Britannia Ports - a consortium led by Australian bank Macquarie - is reportedly preparing to up the stakes by trumping the agreed offer made last week by Goldman [...]

BSkyB wins 3 packages in UK football TV rights auction

Saturday, April 29th, 2006

UK Auction Info
British Sky Broadcasting Group PLC has won three of the six packages on offer in the auction for the right to televise live English Premiership football.
A second round of bidding has opened for the remaining three packages, said the Premier League in a statement.

Setanta to bid for Premier League TV rights

Friday, April 21st, 2006

Irish pay-TV broadcaster Setanta confirmed on Friday that it will bid for two of the six packages in an auction for Premier League football rights.
“We are interested in bidding for two packages. This would be at the lower end of the scale,” a spokesman told Reuters.
Premier League rights, divided into six packages of 23 games [...]

National Grid in $9bn bid for US KeySpan

Saturday, February 25th, 2006

National Grid, the British power company, is competing with Consolidated Edison of the US to pay as much as $US7 billion ($9.5 billion) to take control of KeySpan, the largest distributor of natural gas in the northeastern US.
According to people familiar with the matter, National Grid and ConEd, which is based in New York, have [...]

Blackstone building €3bn portfolio

Sunday, November 13th, 2005

BLACKSTONE, one of the world’s largest private-equity houses, is striving to build a £2 billion (€3 billion) frozen-food empire that would include internationally renowned brands such as Findus and Birds Eye. If successful, the group would also gain control of Heinz’s ready-meals factory in Dundalk.
The group, which has built up a portfolio of assets in [...]