BUSINESS LIVE: Ted Baker rejects second bid; HMT sells Natwest shares
Ted Baker has rejected two unsolicited non-binding proposals from private equity firm Sycamore Partners Management for a possible cash offer for the firm.
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Ted Baker has rejected two unsolicited non-binding proposals from private equity firm Sycamore Partners Management for a possible cash offer for the firm.
Sydney-based Macquarie has taken a 60 per cent stake in National Grid's gas transmission and metering business - a £5.76billion swoop.
Macquarie has tabled an early offer for National Grid's gas transmission business that would value the unit at £7.5billion, according to reports.
Macquarie has tabled an early offer for National Grid's gas transmission business that would value the unit at £7.5billion, according to reports.
Bankers are preparing for a potential bidding war over a possible stake, or even the whole of Openreach, sparked by pressure from Patrick Drahi.