Samuel Terry News Today

The French agribusiness giant has trumped a takeover from Olam in the latest twist in the battle for Namoi Cotton.

Street Talk understands the French commodities giant has hired UBS and Arnold Bloch Leibler, setting the stage for a hostile bidding war.

Samuel Terry Asset Management has joined a multinational investor consortium taking over debt-weary Accolade Wines in a big recapitalisation deal.

Just Fix It, a Hexham-based initiative which intends to roll out in the Tyne Valley, has secured an electrical safety grant.

Grant will help towards appliance testing and education events for NDH customers

E&P Financial Group and K2 Asset Management are in battle with an activist manager around the best way to handle the troubled US Masters Residential Property fund.

K2 Asset Management says a unitholder plan to block its appointment to the troubled US property fund known as URF creates conflict of interest issues.

The drama at the troubled US Masters Residential Fund is not over yet, as its largest shareholder vows to contest the appointment of K2 as responsible entity.

Eildon Capital this morning has rejected the "opportunistic" takeover bid by Samuel Terry Asset Management.

The 93¢-per-share price – and the premium or discount implied – is understood to be the bone of contention between the bidder and target.