DIRECTORS of department store group Debenhams, led by chairman Peter Jarvis, are expected to recommend a 1.54bn offer from venture capitalist Permira on Monday. The 425p-a-share bid is likely toprompt a rival offer from private equity firms CVC and Texas […]

HE IS a ‘disorganised, inconsiderate, insensitive, demanding swine’. And those are his own words. His recent quest for a new personal assistant led to one of the most extraordinary newspaper recruitment ads ever seen. ‘If you are a highly intelligent […]

Science-fiction movies invariably have people hopping into cars with autopilot: Press a few buttons and sit back, and the car steers itself to the local spaceport in time for the 7:30 Mars shuttle.In real life, prototypes of autopilot behave somewhat […]

Jul. 25–A vibrant home-loan market has helped Riverside-based Provident Savings Bank get its own house in order and take in record amounts of money in the last 12 months. The bank’s holding company, Provident Financial Holdings Inc., reported net income […]

Jul. 25–National venture capital funds lost 29.1 percent for the year that ended March 31, and Colorado-based funds lost 39.6 percent for the same period, according to a report from Thomson VentureEconomics. But John Taylor, vice president of the National […]

xfdws MEET-IN-CAPE-TOWN sked Emerging Markets Datafile July 25, 2003 BAHRAIN TRIBUNE BAHRAIN ENGLISH Bahrain to attend Islamic Finance meet in Cape Town, BAHRAIN TRIBUNE THE MIDDLE EAST WorldSources, Inc. 322 MASSACHUSETTS AVENUE 2ND FLOOR, NE WASHINGTON, DC 20002 COPYRIGHT 2003 […]

Riding for a fall? That was the question on the minds of market professionals as the Debenhams share price traded above Permira’s indicative offer price for the first time. The private equity firm, which recently sold Homebase to GUS for […]

Hydrogen fuel cells have been touted as a revolutionary energy source that could eventually power everything from cellular phones to fighter jets. So it should not be a big surprise that venture capitalists, always on the prowl for the next […]

xfdce NIGHTLY-BUSINESS-REPO-00 Show: NIGHTLY BUSINESS REPORT> Date: July 25, 2003> Time: 18:30:00> Tran: 072500cb.118> Type: SHOW> Head: Nightly Business Report> Sect: Business> Byline: Paul Kangas, Linda O`Bryon> Guest: Jeffrey Everett> Spec: Business; Economy> Time: 00:00:00> (AUDIO GAP) LINDA O`BRYON, NIGHTLY […]

Western Asset Management is about to start showing investors its first collateralized debt obligation since early 2002. The Pasadena, Calif., money manager’s $500 million offering, called Coronado, will be backed by a mix of structured products and investment-grade corporate bonds […]

BANGALORE, India (AP) — Silicon Valley venture capital firm Sequoia Capital, which funded technology giants like Yahoo, Oracle and Cisco, has put US$22 million into Indian call center firm 24/7Customer, company officials said Thursday. The investment will fund the Indian […]

February 2003 Cordiant, paying the price for over-expansion during the dotcom boom, admits it must redraft loan agreements and puts three subsidiaries up for sale. April 2003 Drinks group Allied Domecq cancels a crucial contract with the group’s Bates advertising […]