JC Flowers may bid for Northern Rock
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U.S. private equity firm J.C. Flowers & Co. said Friday that it is in talks with Northern Rock PLC about a possible takeover bid for the troubled mortgage lender.
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Birmingham confirm they have been approached about a possible takeover bid.
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LONDON (CBS.MW) -- Harry Dobson, the Scottish mining millionaire who owns a 6.5 percent stake in Manchester United (UK:MNU) , told Scotland&#39;s Herald newspaper that he has been approached about selling his stake by brokers who may have been acting on
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A preferred buyer for the National Irish and Northern banks is expected to be announced by their parent this morning. National Australia Bank is due to make an announcement to the stock exchanges in Melbourne and London.
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Canada&#39;s TD Bank Financial Group says it&#39;s discussing a &quot;possible transaction&quot; with Portland, Maine-based Banknorth Group.
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Newcastle&#039;s John Hall, who holds the major stake in the Premiership club, said he has been approached by a third party who wants to buy his shares.
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U.S. hedge fund Polygon and Swiss investment bank UBS  are preparing a takeover offer for English Premier league soccer club Newcastle United , a source familiar with the talks said.
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Embattled mortgage bank Northern Rock  faces a crucial shareholder meeting on Tuesday that could restrict its ability to sell assets and issue shares as possible nationalization looms.
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Sallie Mae's chairman yesterday said the student loan giant had offered to consider a new bid from buyout firm J.C. Flowers & Co., only to be rebuffed.
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Business & money: Stakes raised in battle for control of ABN Amro as Royal Bank of Scotland-led consortium trumps Barclays' offer for Dutch bank.
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Business & money: Government tells two groups bidding for Northern Rock to improve their offers or see bank nationalised
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Business & money: Banks and venture capital study government plan for Northern Rock - whilst Branson refuses to match Olivant offer for lender
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The Virgin consortium has been told it  is the front-runner to rescue ailing British bank Northern Rock  Plc  but it needs to improve its offer over the  alternative of nationalization, a person familiar with the  matter said.
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The government is to offer more financial support to private sector Northern Rock buyers.
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JC Flowers steps up its efforts to take control of embattled Northern Rock, securing a management team should a deal go through.
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The future of ailing British bank Northern Rock -- including possible nationalisation -- is to be decided in the next six weeks, the Chancellor of the Exchequer Alistair Darling said in an interview on Saturday.
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SYDNEY (Dow Jones)--Coles Myer Ltd. (CM) and Macquarie Bank Ltd. (MBL.AU) were Wednesday night close to finalizing a fresh bid for pubs and liquor group Australian Leisure &amp; Hospitality Group Ltd.