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July 13, 2021

Uber banned in New Delhi after driver rape allegations

first_img Lynsey Barber Tags: Uber Uber banned in New Delhi after driver rape allegations Monday 8 December 2014 5:19 am Show Comments ▼ center_img Uber has been banned in the Indian capital of New Delhi after one of its drivers was arrested on suspicion of raping a passenger.“[The] Transport Department has banned all activities relating to providing any transport service by the www.Uber.com with immediate effect,” the city’s government said in a statement. Indian police arrested the Uber driver after a female passenger reported she had been sexually assaulted and beaten on Friday evening. The police said they would also take legal action against Uber for failing to run background checks on the driver.Delhi police deputy commissioner Madhur Verma said the police would take legal action against Uber for violations including a failure to check whether the driver, named as Shiv Kumar Yadav, had a clean police record and the lack of a satellite location device in his car.Verma said Yadav had previously been detained on suspicion of raping a passenger in 2011.The ban comes shortly after a statement from Uber boss Travis Kalanick in which he pointed the finger at the city’s own licensing practices.  “We will work with the government to establish clear background checks currently absent in their commercial transportation licensing programs,” Kalanick wrote in a blog post. “We will also partner closely with the groups who are leading the way on women’s safety here in New Delhi and around the country and invest in technology advances to help make New Delhi a safer city for women.”The taxi service also published details of some of the licensing processes it complied with in the country.“Safety is our #1 priority and in India, Uber exclusively partners with registered for-hire drivers who have undergone the commercial licensing process, hold government issued IDs, state-issued permits, and carry full commercial insurance. Uber also has a GPS trace and record of all trips that occur on the platform – information that has been shared with the authorities. We will continue to cooperate fully with law enforcement officials in their investigation to bring this crime to justice,” wrote Uber’s head marketing and partnerships in India, Saad Ahmed, in a blog post. whatsapp Share whatsapplast_img read more

July 13, 2021

It looks like Theresa May’s Home Office plans to restrict visas of foreign graduates have been derailed by George Osborne

first_imgTuesday 6 January 2015 6:17 pm Share More From Our Partners Florida woman allegedly crashes children’s birthday party, rapes teennypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comWhy people are finding dryer sheets in their mailboxesnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comKiller drone ‘hunted down a human target’ without being told tonypost.com by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailBeverly Hills MDPlastic Surgeon Explains: “Doing This Every Morning Can Snap Back Sagging Skin” (No Creams Needed)Beverly Hills MDHero WarsThis game will keep you up all night!Hero WarsElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldThe No Cost Solar ProgramGet Paid To Install Solar + Tesla Battery For No Cost At Install and Save Thousands.The No Cost Solar Programzenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comUltimate Pet Nutrition Nutra Thrive SupplementIf Your Dog Eats Grass (Do This Every Day)Ultimate Pet Nutrition Nutra Thrive SupplementEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity Mirror whatsapp Tags: George Osborne People Theresa May UK immigrationcenter_img whatsapp Lynsey Barber Show Comments ▼ Theresa May’s plans to kick foreign students out of the UK after they graduate look like they’ve been derailed after being widely slammed by business groups, politicians and entrepreneur James Dyson.George Osborne is said to have quashed the Home Secretary’s plans to force foreign students to leave the UK before re-applying for work visas, the FT reports. The policy will not be part of the Conservative party manifesto it said, quoting a Tory official as saying the policy of international students being allowed to stay when they graduate if they find a job paying more than £24,000 remains in place.Conservative City MP Mark Field hit out at May’s plan saying it would damage London. “We get some fantastic students… the type of people any country should be looking to encourage. Anything that makes them feel unwelcome can’t enhance [London’s reputation],” he told City A.M. in December.A senior Lib Dem source called it a “silly idea” while renowned British entrepreneur James Dyson attacked the “short-sighted” measure. The Institute of Directors and Guy Levin, the head of the Coalition for a Digital Economy also voiced criticism of May’s plan. It looks like Theresa May’s Home Office plans to restrict visas of foreign graduates have been derailed by George Osborne last_img read more

July 13, 2021

Cable leads Lib Dems towards higher taxes

first_img Share Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily ProofHomemade Tomato Soup: Delicious Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofBaked Sesame Salmon: Recipes Worth CookingFamily Proof Vince Cable emerged victorious yesterday after the Lib Dems put greater emphasis on tax rises than they had previously, in their plan to reduce the UK’s annual deficit.The party announced that in 2015-16 and 2017-18 the proportion of cuts to tax rises will be split 60/40. This is what Cable has long called for, while Alexander wanted 80-20, as implemented by the coalition.Alexander, who replaced Cable as his party’s economic spokesman for the election, claimed that the plan “broadly maintains the balance of tax and spend across the entire fiscal consolidation”. A source close to Alexander said that the ratio since 2010 will be 80-20. A source close to Cable, when asked if he had won the policy battle replied “I think he certainly has”. Another well placed source said: “it’s certainly not the language Danny would have wanted.” whatsapp Cable leads Lib Dems towards higher taxes Thursday 5 February 2015 8:40 pmcenter_img Express KCS Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekUndozenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comUndoElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldUndoLivestlyThe Best Redhead Actresses, RankedLivestlyUndoDefinitionWhat ‘Harry Potter’ Characters Were Actually Supposed To Look LikeDefinitionUndoNoteableyKirstie Alley Is So Skinny Now And Looks Like A BarbieNoteableyUndoWiced.comRenee Zellweger Is Not Apologizing For Her New LookWiced.comUndoThe Sports DropNetflix Is Cutting The Cord On These Shows (And Renewing These)The Sports DropUndo Show Comments ▼ whatsapp Tags: NULLlast_img read more

July 13, 2021

Bovis Homes reveals record year as profits, revenue and earnings all soar

first_imgMonday 23 February 2015 3:17 am More From Our Partners Kansas coach fired for using N-word toward Black playerthegrio.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgMan on bail for murder arrested after pet tiger escapes Houston homethegrio.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgPorsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFort Bragg soldier accused of killing another servicewoman over exthegrio.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org Show Comments ▼ whatsapp The figuresBovis Homes’ share price opened around two per cent higher this morning, after the home builder reported a 75 per cent rise in basic earnings per share, from 44.9p to 78.6p for the year ended 31 December 2014.A stronger average sales price and a record year for completions led to a 69 per cent rise in profits to £133.5m. Revenue jumped 46 per cent from £566m to £809.4m for the year. Although house prices have been hit by the effects of the Bank of England’s mortgage market review (MMR), shareholders will take solace in a 159 per cent rise in dividends, from 13.5 pence per share in 2014 to 35 pence per share .Bovis completed 3,635 builds in the year – an increase of 29 per cent – while the average sales price came in at £216,000, compared to £195,100 at the same period last year.Looking ahead to 2015, things look rosy for the group with forward sales of 1,752 homes, a 27 per cent improvement on 1,377 this time last year.Why it’s interestingHouse prices growth slowed in 2014, triggered by the Bank of England’s stricter rules on mortgage lending and a fall in mortgage approvals, yet Bovis’ growth appears unaffected by the dampened market. Rivals Taylor Wimpey, Barratt and Persimmon all had their ratings cut by broker Jeffries last month.The housebuilder also shed some light on some of the forthcoming uncertainty surrounding the industry ahead of the general election. Bovis is expecting sales to cool in the run-up to the election, followed by an upturn after the result is announced.Nevertheless, the company is still offering a full-year dividend of 35 pence per share to quell any fears of a possible cool down.What Bovis saidHistory would suggest that sales activity will moderate for a few weeks before the election, followed by a rebound after. The group is aware of this likely impact and is presently working to maximise the current positive sales activity to grow the order book.In shortBovis Homes is the UK’s fastest growing housebuilder, and is showing no signs of slowing down. Don’t be surprised to see another record year for builds in 2015. whatsapp center_img Share by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity Weekzenherald.com20 Rules Genghis Khan’s Army Had To Live Byzenherald.comMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesComedyAbandoned Submarines Floating Around the WorldComedyTheFashionBallPrince Harry Admits Meghan Markle May Not Be The OneTheFashionBallSenior Living | Search AdsNew Senior Apartments Coming to Scottsdale (Take A Look at The Prices)Senior Living | Search AdsNoteableyKirstie Alley Is So Skinny Now And Looks Like A BarbieNoteableyMoneyWise.com15 States Where Americans Don’t Want To Live AnymoreMoneyWise.com Tags: Bovis Homes Group Company Joe Hall Bovis Homes reveals record year as profits, revenue and earnings all soar last_img read more

July 13, 2021

UK commercial space flight is one giant leap closer to lift off

first_img More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comKiller drone ‘hunted down a human target’ without being told tonypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org COMMERCIAL space flight from the UK is closer to blast off, after a three-month consultation on spaceport locations shut yesterday.The Civil Aviation Authority (CAA) updated a list of potential sites, after receiving responses from various parties on what would be Europe’s first commercial spaceport.Campbeltown, Glasgow Prestwick and Stornoway in Scotland, Newquay in England and Llanbedr in Wales could house the base.RAF Leuchars in Scotland is a potential temporary base, but RAF Lossiemouth and Kinloss Barracks were ruled out due to their importance to defence.Business secretary Vince Cable said: “Paving the way for a national spaceport is one of our biggest science achievements in this parliament.”The Department for Transport will now develop a detailed technical specification for a spaceport. Share whatsapp whatsapp Express KCS Tuesday 3 March 2015 8:33 pm UK commercial space flight is one giant leap closer to lift off Show Comments ▼ Tags: NULLlast_img read more

July 13, 2021

Tesco’s Dunnhumby: Is Sir Martin Sorrell’s WPP about to take a stake in the supermarket’s data business?

first_img Share Show Comments ▼ whatsapp Tesco could be about to sell off a majority stake in its data arm that was responsible for creating the Tesco Clubcard loyalty scheme.The world’s largest advertising firm, Sir Martin Sorrell’s WPP, has made an offer for Tesco’s Dunnhumby, Bloomberg reports. Tesco brought in Goldman Sachs in January to explore options for Dunnhumby as part of the widespread cost cutting and downsizing of Tesco under chief executive Dave Lewis.Options for Dunnhumby, which the supermarket originally invested in back in 2001 before taking full control of the data business in 2004, include a full or partial sale, or a market float.Lewis said at the time: “The potential sale of Dunnhumby will have no impact on Clubcard. We don’t need to own it to have commercial arrangements in place. It is a great business, but it needs further investment. We are looking at all the different options. What I would say is there has been an awful lot of interest in that business and some people will want to work with Tesco and others might not want Tesco to be involved at all. “WPP has previously been linked to a bid for the business, estimated to be worth up to £2bn, along with a number of private equity firms.The beleaguered supermarket has already broken up its digital entertainment arm Blinkbox, selling off the music and movie streaming parts to Guvera and TalkTalk respectively, and closing the ebook side of the business.Here’s what WPP had to say about its acquisition strategy for 2015 in its latest results, specifically data.Transactions will be focused on our strategy of new markets, new media and data investment management, including the application of new technology and big data. Net acquisition spend is currently targeted at around £300m to £400m per annum, excluding slightly more significant “one-offs”, like IBOPE in Latin America and Comscore. We will continue to seize opportunities in line with our strategy to increase the group’s exposure to: faster growing geographic markets and sectors; new media and data investment management, including the application of technology and big data.The advertising firm has already invested in what it called a “trifecta” of data technology firms in recent months – Appnexus, Comscore and Rentrak. The revenue from its data business stood at £2.4bn last year, accounting for around a fifth of its overall business.If the deal were to happen, it would be one of WPP’s largest ever. Tags: Company Martin Sorrell People Tesco WPP Lynsey Barber center_img Tesco’s Dunnhumby: Is Sir Martin Sorrell’s WPP about to take a stake in the supermarket’s data business? whatsapp Sunday 15 March 2015 12:12 pmlast_img read more

July 13, 2021

Blogger Guido Fawkes gets in a tank to save Jeremy Clarkson from BBC axe

first_img Show Comments ▼ whatsapp whatsapp Tags: BBC Political blogger Guido Fawkes has arrived at the BBC’s Broadcasting house to deliver a petition demanding the reinstatement of Top Gear host Jeremy Clarkson.Always one for drama, Guido traveled in style to hand in the petition, driving to the BBC in tank. An occasionally fierce critic of the Beeb, Guido has been backing Clarkson from the outset of his suspension following a “fracas” with a producer. [email protected] looks a weeeee bit Soviet in this pic pic.twitter.com/bXvIIfs4L8— Mikey Smith (@mikeysmith) March 20, 2015The online petition supporting Clarkson is within a whisker of reaching one million signatures. The tank arrived at BBC headquarters driven by none other than Top Gear’s own Stig (or at least someone dressed like him). The tank, or more accurately “self-propelled gun”, was reported to have broken down several times but has since been repaired.http://t.co/zPwIu4fK1o pic.twitter.com/Oh4QEHlGDk— Guido Fawkes (@GuidoFawkes) March 20, 2015Last night, the Top Gear presenter told a charity event in he thinks will be sacked after launching a scathing attack on BBC management. Clarkson is reported to have called BBC execs a bunch of “f*****g b*****s”.Clarkson is alleged to have punched producer Oisin Tymon for bringing him a cold supper instead of a steak. The BBC’s internal investigation into the incident will be given to the director general next week.”Once this has been considered, we will set out any further steps”, said a BBC spokesman. “The BBC will not be offering further commentary until then”.  As one of the Beeb’s most popular shows, Top Gear reaches an estimated global audience of 350m ‘STIG’ DELIVERS MILLION SIGNATURE CLARKSON PETITION TO BBC… IN A TANK http://t.co/zPwIu4fK1o pic.twitter.com/IR82bwLwcK— Guido Fawkes (@GuidoFawkes) March 20, 2015 Share Jeff Misenti Friday 20 March 2015 7:36 am More From Our Partners Supermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comKiller drone ‘hunted down a human target’ without being told tonypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comWhy people are finding dryer sheets in their mailboxesnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com Blogger Guido Fawkes gets in a tank to save Jeremy Clarkson from BBC axe last_img read more

July 13, 2021

Surprise as UK inflation falls to zero for first time since current records began in 1989

first_imgTuesday 24 March 2015 5:38 am Share whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity Weekzenherald.com20 Rules Genghis Khan’s Army Had To Live Byzenherald.comNoteableyKirstie Alley Is So Skinny Now And Looks Like A BarbieNoteableyMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesComedyAbandoned Submarines Floating Around the WorldComedyDefinitionThe Most Famous Movie Filmed In Every U.S. StateDefinitionGameday NewsNBA Wife Turns Heads Wherever She GoesGameday NewsMoneyWise.com15 States Where Americans Don’t Want To Live AnymoreMoneyWise.com Jessica Morris Inflation fell to zero in February for the first time since current the current records began in 1989, moving Britain closer to deflation, official statistics showed today. Figures released by the Office for National Statistics showed prices didn’t increase at all in February compared with the same time a year ago. The figure came in below economists’ expectations of a 0.1 per cent rise. The biggest drags were food prices and motor fuels, which fell 3.4 per cent and 16.6 per cent respectively. Britain’s headline inflation last dipped into negative in March 1960, according to the closest comparable data. This was before the consumer price index currently used to measure inflation came in nearly three decades ago. Both the Bank of England and the Office for Budgetary Responsibility have said Britain could fall into deflation during the first half of this year. A glut in the global supply of oil, as well as a bitter price war between supermarkets, are making the prices of everyday items such as energy and food much cheaper for families and businesses. The “Big Four” supermarkets have slashed prices as they fight off competition discounters from Aldi and Lidl. Sainsbury’s chief executive Mike Coupe said that he expects food deflation to persist throughout the rest of this year, when the company releases its results last week. “Rather than being a concern, the drop in inflation is a boon to the economy, providing households with greater spending power at a time when pay growth remains frustratingly weak,” Chris Williamson, chief economist at Markit, said. Mark Carney, governor of the Bank of England, has repeatedly stressed Britain is facing the “good” kind of deflation. This is when price declines act like tax breaks because everyday items become cheaper, without any of the nasty side effects which worry economists such a wages cuts and layoffs. The central bank’s rate-setting committee currently thinks interest rates are “more likely than not to rise” over the next three years. However the Bank of England’s chief economist Andrew Haldane has taken a more cautious stance on inflation, saying it’s dropped “like a stone” over the last year and that interest rates could be cut further below record lows.  center_img More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comWhy people are finding dryer sheets in their mailboxesnypost.com Surprise as UK inflation falls to zero for first time since current records began in 1989 Show Comments ▼ whatsapp Tags: UK inflationlast_img read more

July 13, 2021

BG Group share price rockets while Shell tumbles after takeover deal

first_imgWednesday 8 April 2015 3:31 am whatsapp Lynsey Barber whatsapp Share Show Comments ▼center_img Shares in BG Group have rocketed in early trading after a takeover deal by Royal Dutch Shell was confirmed.BG shares shot up more than 40 per cent to 1298.50 pence per share on yesterday’s close of 910.40 pence per share – their highest since September. Shares in BG, along with other oil producers, have been hit by falling oil prices over the last year. BG Group shares alone have fallen 30 per cent in the last year.Meanwhile, shares in Shell dipped more than five per cent to 2084.50 pence per share on yesterday’s close of 2208.50 pence per share.Other energy firms benefited in the deal bonanza as shares in rival energy firm BP were seen three per cent higher, while Tullow Oil was up more than 10 per cent. BG Group share price rockets while Shell tumbles after takeover deal Tags: BG Group Company Mergers and acquisitions Royal Dutch Shell Plc ‘A’ Royal Dutch Shell Plc ‘B’last_img read more

July 13, 2021

Heineken toasts £162m Lasko bid

first_img Heineken toasts £162m Lasko bid HEINEKEN is set to acquire a majority stake in Slovenian brewer Pivovarna Lasko for €224m (£162m), it was announced yesterday.Under the terms of the agreement Heineken, the world’s third largest brewer, will buy a 51 per cent stake in Pivovarna for €25.6 per share. Pivovarna was forced to put itself up for sale last year after struggling with a rising debt pile. It was reported that the Dutch giant beat off competition from investment giants CVC and KKR.Heineken views the purchase as a way of gaining access to Adriatic markets, as well as securing Slovenia itself which is positioned between several of its mature markets such as Italy, Austria and Croatia. Jean-Francois van Boxmeer, chairman and chief executive of Heineken, said: “This acquisition strengthens our position within the region and will bring two complementary strong local brands into our existing portfolio. We are very much looking forward to welcoming Pivovarna Lasko as a successful member of our group.”Completion of the takeover will still be subject to regulatory approval and will be followed by a mandatory takeover offer to shareholders. Show Comments ▼ whatsapp whatsapp Share More From Our Partners LA news reporter doesn’t seem to recognize actor Mark Currythegrio.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFort Bragg soldier accused of killing another servicewoman over exthegrio.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgPorsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgKansas coach fired for using N-word toward Black playerthegrio.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comInstitutional Investors Turn To Options to Bet Against AMCvaluewalk.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comColin Kaepernick to publish book on abolishing the policethegrio.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comKiller drone ‘hunted down a human target’ without being told tonypost.comMan on bail for murder arrested after pet tiger escapes Houston homethegrio.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.com Tags: NULL Express KCS Monday 13 April 2015 8:58 pmlast_img read more