Mersey Docks and Harbour Company has received a takeover bid from a private equity firm. The news caused shares in the Port of Liverpool owner to rise almost 10%, or 82p, to close at 933.5p. In a statement issued to … Continue reading
Yearly Archives: 2004
£37.2m reverse takeover of Air Music & Media Group PLC
Air Music & Media Group plc, a leading UK producer, manufacturer and wholesale distributor of low priced entertainment products to the international market has agreed to acquire the entire issued share capital of Redworth Limited (“Redworth”). Redworth is a “one-stop-shop” … Continue reading
Warning as stadium given green light
By Andy Kelly, Daily Post Liverpool FC last night admitted the cost of building its new 60,000 seat stadium had risen – and revealed it would pull out if the development threatened to over-extend the club. Chief executive Rick Parry … Continue reading
Rooney money brings club back from brink
Business Editor Bill Gleeson assesses how the sale of Wayne Rooney to Manchester United has affected Everton’s finances The proceeds from the sale of Wayne Rooney together with retail entrepreneur Philip Green’s £15m credit facility have substantially improved Everton’s finances. … Continue reading
Acquistion of paymentshield for £36 million
Richard Riding and Patricia Cottrell started Paymentshield in 1992. Paymentshield is a wholesale mortgage insurance business, selling cover via independent financial adviser networks. They built up the operation with a head office in Southport, employing 200 people. It has become … Continue reading
It may all be decided in the next 48 hours
By Liam Christopher, Daily Post Correspondent Everton chairman Bill Kenwright is hoping to hold the meeting that will secure £20m of new investment into his club in the next 48 hours. The meeting was due to take place on Monday … Continue reading
Still working – the carpenter who scooped a £12.3m fortune
By Chris Johnson And Mark Hookham Daily Post Staff With a piece of wood tucked under his arm, Britain’s richest carpenter took his work home with him yesterday. As the National Lottery reaches its tenth anniversary this year, scores of … Continue reading
Thailand PM deal is kept under wraps
By Bill Gleeson, Daily Post The details of the deal that would see Thailand’s Prime Minster invest around £60m in Liverpool FC remained shrouded in secrecy last night. Liverpool chief executive Rick Parry met Thaksin Shinawatra in Bangkok yesterday, (pictured), … Continue reading
Herlihy to quit KPMG
By Bill Gleeson, Daily Post Frank Herlihy is quitting the corporate finance arm of KPMG to join a Warrington boutique practice. Mr Herlihy is serving his notice as he prepares to join former KPMG colleague James Dow this summer. Mr … Continue reading
Technology on move
By Bill Gleeson, Daily Post A high-technology business has moved from Windermere to Merseyside to take advantage of substantial backing from Merseyside Special Investment Fund. PAV Data Systems expects that the expansion will result in around 30 new jobs on … Continue reading
