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Acquisitions News: 2003
Mon, 15 Dec 2003:
Matalan has had a poor run-up to Christmas. Like-for-like sales (which exclude the effect of new store openings) in the latter half of November were down by more than 10 per cent on the previous year. This dire news forced analysts to wipe up to £30m from their profit forecasts for this ...
[more: Matalan has had a poor run-up to Christm...]
Mon, 15 Dec 2003:
ABBEY National Asset Managers, which may go on the auction block in 2004, would fetch a price of between £200 million and £300m, City sources have said. One leading fund management analyst said: "Abbey National Asset Managers has about £30 billion of funds under management, and as a rule of thumb you would normally be looking at a take-out price equivalent to about 1 per cent of fund...
[more: ABBEY National Asset Managers, which may...]
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