Betaville |
| Posted: 29 Apr 2016 01:39 AM PDT Little old Betaville was somewhat wary of the Restaurant Group bid rumours going round the market in recent weeks. So, I purposefully decided against airing the gossip on little old Betaville or elsewhere and now I'm rather glad that I didn't as the company has just issued another profit warning, sending the stock 20pc lower this morning. Still, I'm sure there are plenty of burnt fingers out there...  |
| Capital and Counties said to be close to £300 million Olympia deal Posted: 29 Apr 2016 01:40 AM PDT Here's a snippet on London-listed property company Capital and Counties. I'm have been told by reliable sources that the FTSE 250-listed company is close to selling its exhibitions centre in Olympia. Readers might recall that Oliver Shah of The Sunday Times wrote last November that Capco hired NM Rothschild and CBRE to conduct an auction of the exhibition site with a view to raising £300 million. Here is a link to Olly's piece: http://www.thesundaytimes.co.uk/sto/business/Companies/article1629993.ece According to my moles, the sale process is relatively advanced, with a couple of funds vying to purchase the Olympia exhibition centre. So, watch this space...  |
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