Takeover makes staff millionaires
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Three staff at a Blackburn insurance firm become millionaires after the company is sold to a rival.
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The three owners of money broker Prebon will share in a Â£70m windfall following the takeover of the business by Collins Stewart Tullett, the ambitious stockbroker run by Terry Smith.
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A growing number of chief executives, like AT&amp;T's Ed Whitacre, are getting rich, lifetime compensation deals.
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Two lowly paid migrant workers from India and Bangladesh have become instant millionaires after winning the lottery in Singapore, a media report said.
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Top-ranked women in Britain's corporate world finally cracked the glass ceiling with salaries this year that exceeded those of their male counterparts.
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The shift would in all probability save the company more than 10 million pounds a year. The jobs would range from front and back office functions, including call centre posts.
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A total of 140,000 members at union Unifi are absorbed into Amicus to create a 'super-union' for UK finance workers.
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The founder of Sports Direct earns more than Â£929m after the retailer sets its share sale at the top of its price range.
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The new owners of Abbey National, Banco Santander Central Hispano, yesterday appointed their own man to head up their Â£9.1bn acquisition and pledged not to close any of Abbey&#39;s 740 branches.
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About 1.1 million Norwich Union with-profit policyholders will share a bonus of Â£2.1bn, as shareholders get Â£230m.
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Higher interest rates and the cost of completing acquisitions hit profits at the transport company Arriva.
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Business & money: Shakeup after Â£11.1bn takeover by private equity group KKR and former deputy chairman Pessina.
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The multi-billion dollar takeover of Australian airline Qantas underlines an increasing trend by cash-rich investment funds to snap up established companies.
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Media & professional: Â· Report shows corporation surpassed savings targets  Â· Group income goes up 5% on top of licence fee rise
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SHARES in canned fruit and vegetable producer SPC Ardmona Ltd soared more than 20 per cent today after the group announced it had agreed to a takeover offer from Coca Cola Amatil Ltd.
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Shares in Manchester United have risen more than 4 percent after US financier Malcolm Glazer told the world&#39;s richest soccer club he was planning an 800 million pound takeover offer.
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ACQUISITION fever gripped markets on both sides of the Atlantic yesterday including a Â£1.3-billion-pound takeover approach for the mid-cap London Stock Exchange from its rival Deutsche BÃ¶erse.