In its first move since the death of its patriarch Michele Ferrero earlier in 2015, Italian chocolate maker Ferrero Rocher has made a bid for Thorntons in order to grow its UK market.
The UK's competition watchdog, the Competition and Markets Authority (CMA), has ordered Ryanair to sell down its 29.8 per cent stake in Aer Lingus to just five per cent.
Discount retailer Sports Direct has appointed Matt Pearson as an interim finance chief, following ongoing discontent among shareholders. He will also join the board.
Morrisons is not only facing the possibility of loosing its place in the FTSE 100, it is preparing for a shareholder revolt over the £3m payout handed out to the supermarket giant’s ousted CEO Dalton Philips.
High street retailer Marks & Spencer has reported its first rise in profit for four years, with underlying profit before tax rising 6.1 per cent to £661.2m – described by CEO Marc Bolland as "good progress".
The recent Supreme Court judgment in the case of Jetivia SA v Bilta confirmed that where a company is a victim of a fraud or dishonest act committed by its directors, the directors are not able to attribute their unlawful conduct to the company.
Boards of businesses large and small are under increasing pressure to perform and recent corporate scandals have highlighted the need for greater transparency about board operation and decision- making.
Now the economy has picked up, many businesses are looking to raise funds for growth. A common method deployed by small businesses is to negotiate with its key suppliers to pay for its services in the form of equity, which is often referred to as “sweat equity”.
Google is not afraid to lure in top executive talent, as was shown by the hefty $70m the company paid Morgan Stanley's CFO Ruth Porat – enticing her to defect from her job in New York. Keen to secure “Wall Street's most powerful woman” the company offered Porat stock valued at $25m. But what is the company's true intentions
From cigar-butt investing in the 1960s, to buying wonderful businesses at fair prices rather than buying fair businesses for wonderful prices, Warren Buffett has capped half a century of famously-successful wheeling and dealing by having a look back in a letter to shareholders.
Recent trends show the town centre landscape is set to change dramatically over the next 12 months. With this in mind, high street stakeholders are being urged to think differently if they want to secure their place in the future.
What happens when the directors and shareholders in a private company are the same people and those individuals no longer see eye to eye