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Almost everyone is a loser from the bitterly-fought battle for control of UK-quoted security group G4S.  If investors approve the £3.8billion offer from private equity-backed Allied Universal, then command and control of the world's largest security company, employing 530,000 people, would pass to the Pennsylvania firm.  G4S is not a much-loved company. Well-documented staffing and training difficulties were the nearest the London Olympics in 2012 came to meltdown.  Under the microscope: G4S has been involved in a series of scandals ranging from losing the Birmingham prison contract to sc...

Runtime 11:44 Active Energy Group (LSE:AEG) CEO Michael Rowan talked to London South East after raising 7 million pounds in an over subscribed placing. Part of those funds was raised through Primary Bid and the management were keen to include retail investors. The company also took this opportunity to restructure their Convertible Loan Note bonds, which had been £17.7 M. The vast majority of CLN holders agreed to take shares at 1.0p instead. Michael Rowan said: "We are involved in the production of the next generation of biomass fuels, which involves the manufacture of new pellets. We use w...

Share As a UK enterprise that is growing in Europe seeking an initial public offering in the US, where it is not yet operating, could only be driven by valuation ambitions. It is just as well that Shu is not taking advice from the newly hipster former BT boss Gavin Patterson, now a tech maven with Salesforce.  He recently observed that if he were a tech entrepreneur he would head West. Deliveroo's seriousness about the UK is underlined by its ability to attract Next chief executive Simon Wolfson as a non-executive director – a decision based around Deliveroo's 'advanced technology'. His in...

A new company led by hospitality entrepreneur and ex-Dragon’s Den investor Sarah Willingham, has unveiled plans to float on AIM after agreeing a deal to acquire the London Cocktail Club’s bar portfolio. According to an announcement on 13 December, Nightcap will work with the existing London Cocktail Club management team and shareholders to expand the business from 10 sites to a portfolio of 40 across London and other major UK cities in the next five years.  Founded in 2010 by Sarah Willingham alongside JJ Goodman, Raymond Blanc, David Moore and James Hopkins,...

Nightcap to acquire London Cocktail Club and launch IPO 15th December, 2020 by Nicola Carruthers A new drinks-led investment group founded by ex- Dragons’ Den star Sarah Willingham has agreed to buy bar chain London Cocktail Club and will launch an initial public offering to raise £6 million (US$8m). L-r: James Hopkins, Sarah Willingham, JJ Goodman, Toby Rolph, Michael Toxvaerd and Raymond Blanc Nightcap aims to become the UK’s leading bar operator through acquiring, investing and expanding drinks-led concepts. London Cocktail Club is the firm’s first acquisition. Nightcap CEO Willin...