Ddyr Euro central banker says ECB will become the odd one out
Wednesday 30 April 2014 3:23 am|Updated:Tuesday 28 May 2019 1:11 pmSaga con stanley usa firms pound;550m IPO plansBy: Harriet GreenShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleOver 50s travel specialist Saga has confirmed this morning that itrsquo planning to go ahead and float on the London Stock Exchange.The firm, which also sells insurance and has 2.1m customers, joins a growing line of other companies going to market.Itrsquo said itrsquo looking to raise net proceeds of pound;550m through its initial public offering to reduce its debt to around pound;700m.The float will include a retail offering to UK investors, and will see the exit of its private equity backs Permira, CVC Capital and Charterhouse. Saga generated pound;1.2bn in underlying revenue in the year ended in J stanley cup becher anuary, with underlying earning before interest, tax, depreciation and amortisation of pound;222.4m.Share this articleFacebookXLinkedInWhatsAppEmailSimilarly tagged content: SectionsNewsCategoriesBusin polene france essRelated TopicsCompanySagaTrending ArticlesLabour will regret the Rentersrsquo; Rights ActUK at lsquo;greatest riskrsquo; of jet fuel shortage as flights to be cancelledJet fuel shortage looms as government scrambles to secure suppliesAfter Santanderrsquo TSB takeover ndash; who are the top players in UK banking Clairersquo Accessories to launch UK high street comebackMore from City AMUzbekista Vhtq UBS settles loan case as earnings soar 62 per cent
Monday 19 October 2009 8:00 pm|Updated:Friday 31 May 2019 7:18 pmBunzl targets companies for takeoverBy: admindrupalShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleDistribution and outsourcing group Bunzl said yesterday it traded in line with expectations in the third quarter and is in talks with possible acquisition targets. The firm said in a trading update sales rose eight per cent in the three months to the end of September, boos stanley mugs ted by favourable foreign exchange movements.Although core sales fell one per cent, that was an improvement on growth in the first half, due to a better performance in continental Europe. Bunzlrsquo profit margins also improved, reflecting cost reduction initiatives and foreign exchange benefits.While acquisitions rem stanley polska ain a key component of Bunzlrsquo strategy and discussions continue with a number of potential targets, the difference in the companyrsqu owala o price expectations and those of prospective sellers continues to be an impediment to finalising transactions, it said. Panmure Gordon analyst Paul Jones was impressed with the update, saying he expected more of the same. Share this articleFacebookXLinkedInWhatsAppEmailSimilarly tagged content: SectionsNewsCategoriesBusinessRelated TopicsNULLTrending ArticlesLabour will regret the Rentersrsquo; Rights ActUK at lsquo;greatest riskrsquo; of jet fuel shortage as
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