Saga goes for Â£1.35bn buyout
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Saga, the holiday and insurance group for the over-50s, created its first &quot;grey&quot; billionaire yesterday when the company was sold for Â£1.
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A Japanese financial group said it had acquired British hotel operator Menzies, which runs 14 properties around the country, for 120 million pounds (170 million euros, 228 million dollars).
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Gondola Holdings, the owner of Pizza Express, has received a Â£1bn takeover offer from an unidentified source.
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The sale of National Australia Bank&#39;s Irish businesses reached a surprise conclusion yesterday when Denmark&#39;s Danske Bank clinched a Â£967m takeover.
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Saga, the holidays and financial services group for the over-50s, has put an end to the near year-long saga over its future by agreeing a Â£1.
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Business & money: Oil giant agrees to withhold Â£1.5m owed to former chief executive while a court case is resolved.
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Britainâs largest brewer, agreed to a Â£7.8 billion ($15.4 billion) takeover by the European rivals Carlsberg and Heineken.
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Business & money: Murdoch group acquires 14.6% stake in Premiere, five years after losing Â£1bn on the German pay-TV operator
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Spanish bank Santander claimed victory for its 8.7 billion pound ($15.6 billion) agreed takeover of Britain's Abbey National after its most likely rival, UK bank HBOS, pulled out of the race.
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Business & money: Â· Credit crunch creates Â£210bn backlog of buyouts Â· US sub-prime crisis claims more jobs and firms
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Iceland's Glitnir banki HF has made a euro341 million offer for Finnish investment services company FIM Group, the companies said Monday.Comment
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Nasdaq, the US firm which tried to buy the London Stock Exchange, offers to take over a Swedish rival for $3.7bn.
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Not long ago, a Saga holiday seemed synonymous with a coachload of ancient aunts with Thermos flasks heading for the coast. Now the company that has made a fortune out of the &quot;grey pound&quot; is
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German energy giant E.ON has raised its takeover offer for Spain's Endesa electricity firm to 35 euros (44.7 dollars) per share from 25.4 euros (32.5 dollars) offered in February, the company said in a statement.
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With news that the London Stock Exchange (LSE) has knocked back a Â£1.35bn offer from its German rival Deutsche Boerse, the ordinary shareholder may be wondering what lies ahead.
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Share sale to fund 'world's biggest fab' expansion plan
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Business & money: Â· Buyout firms blamed for collapse of schemesÂ· Labour donor linked to Â£81m of deficits