Hints and tips:
...Albertsons plans to list under the ticker symbol ACI. BofA Securities, Goldman Sachs, JPMorgan and Citigroup are acting as lead joint book-running managers....
...The group also owns the Genting Arena in Birmingham, a ticketing agency and a catering business, and has a contract to run the disused Bradford Odeon, which is reopening as a 4,000-capacity live events venue...
...US private equity firm Blackstone and FTSE 100 insurance group Prudential have succeeded in the battle to acquire the UK Treasury’s £11.8bn portfolio of former Bradford & Bingley mortgages, the government...
...UK insurer Prudential and US private equity firm Blackstone have bought former Bradford & Bingley loans for £11.8bn in one of the largest government asset sales in Europe....
...The government is selling buy-to-let mortgages issued by Bradford & Bingley before its collapse and subsequent rescue by the taxpayer in the 2008 financial crisis....
...Santander acquired the savings deposits of Bradford & Bingley (B&B) when the building society was nationalised in 2008....
...TSB was last year among the bidders for the £2.7bn UKAR book, which comprised historic Bradford & Bingley and Northern Rock loans....
...TSB, for example, is understood to have bid last year for a £2.7bn book of assets managed by UKAR, comprising historic Northern Rock and Bradford & Bingley loans, but lost out to a JPMorgan-led consortium...
...The former king rails against his successors in a three-hour performance: not just King Lear in London at the National Theatre, but Sir Ken Morrison in Bradford at Thursday’s annual meeting of the supermarket...
...(Reuters) UK zombie bank builds brand: State-owned UK Asset Resolution, responsible for winding down Northern Rock and Bradford & Bingley mortgages, is rebranding the websites of the two nationalised banks...
...UKFI still holds large stakes in Royal Bank of Scotland, Lloyds Banking Group and Bradford & Bingley....
...But the move is a setback for TPG, which had hoped to complete its first British financial services deal since it walked away from an investment in mortgage lender Bradford & Bingley in 2008....
...fall – Bloomberg – Rentokil year end figures – statement – Cove Energy seeks to clarify tax situation – statement – Laird year end figures – statement – VTB buyback – statement – Performance soars at Bradford...
...successful would be a blow to TPG after the US group this year unveiled what it was hoping would be its first British financial services deal since it walked away from an investment in mortgage lender Bradford...
...move came as a blow to TPG after the US buy-out group last week unveiled what it was hoping would be its first British financial services deal since it walked away from an investment in mortgage lender Bradford...
...to buy London-listed hedge fund administrator GlobeOp for £508m ($805m), in the US private equity group’s first British financial services deal since it walked away from an investment in mortgage lender Bradford...
...We saw the UK government use legislation to vary the terms of Bradford & Bingley dated subordinated bonds when the bank was nationalised....
...Northern Rock Asset Management, which was split from Northern Rock at the start of 2010 and later merged with Bradford & Bingley’s lending arm, repaid £1bn to the government in the first half of the year...
...Remarkably, the band’s new album, Ersatz GB, is the 29th Fall studio LP. To put that in perspective, Smith is just five albums behind Bob Dylan. A pair of bottled lagers arrives....
...opportunities to innovate by reducing levels of saturated fats and salt, while the British taste for spicy flavours provides possibilities for ethnic producers; one of the largest, Kashmir Crown Bakeries in Bradford...
...(H/T to Ed Bradford) Related links: Crash Landing? – Barron’s (2008) Steampunk chartism – FT Alphaville...
...Santander, which bought Alliance & Leicester and the savings arm of Bradford & Bingley during the financial crisis, sees the purchase as a good opportunity to boost its presence in business banking....
...CVC performed the same stunt with J Sainsbury when it pulled its £11.4bn bid for the supermarket group four years ago, while last year, TPG Capital left Bradford & Bingley in the lurch during its darkest...
...Lo and behold, the only lenders to sign up are indeed the nationalised banks (Lloyds Group, Northern Rock, RBS, Bradford & Bingley) and some tiddlers; Cumberland Building Society, Clydesdale and Yorkshire...
...HBOS was too slow off the mark, Bradford & Bingley made two false starts. But issuers, regulators and underwriters are learning from their mistakes....
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