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EXECUTIVE CHANGES: Long-serving FIH Group CEO to retire in April | Financial News

Gray, who will take on the role from 1 December, will also become a member of the remuneration and nomination committees. She is currently chair of

Blackstone ups offer for St Modwen bowing to shareholder pressure PUBLISHED BY 10 hours ago In a rare move, Blackstone has increased its offer for St Modwen Properties from the original bid of £1.24bn, or 542p per share, to £1.27bn, or 560p a share. The company board approved the deal earlier, but some shareholders, namely J O Hambro and Janus Henderson, were unhappy with the price fixed, which they felt was too low. St Modwen has attracted the attention of fund managers and private equity firms both amidst an acquisition wave that has hit UK firms. Blackstone Manhattan Office The origina...

The new breed of global firms are as much part of London's emergence as a world-leading financial centre as the investment banks, the private equity buccaneers and 'magic circle' legal firms.

After the Second World War London was a wreck. Regent Street was desolate and nobody believed shops would ever regain former values. The City of London was a bomb site.