Articles > Newspapers > International Newspapers, Major Markets > Scotland on Sunday articles > May 2003

Article: Hunter faces at least three rivals in bid to take over Selfridges department stores

Article from:
Scotland on Sunday
Article date:
May 4, 2003
Author:
Copyright

TOM Hunter, the retail entrepreneur, is facing at least three challengers to his bid to buy department store group Selfridges.

It is believed the Reuben brothers, two of Britain's wealthiest individuals, are meeting their advisers this weekend.

Robert Tchenguiz, the Iranian property tycoon, is also understood to be in the running and is in talks with Royal Bank of Scotland to fund a 580m pounds bid.

Galen Weston, the Canadian billionaire and one of the family that part-owns Associated British Foods, is also interested.

However, Hunter is the only party to make a formal cash offer. It is understood the Scottish owner of d2, who recently bought the Office chain of shoe shops, is likely to ...

Read all of this article with a FREE trial

Related newspaper, magazine, and journal articles:

Article: Reuben brothers up stake in Arena Leisure.(Sports)
The Racing Post (London, England);  April 15, 2009 ;     700+ words ... ... stock exchange announcements that the Reuben brothers acquired more than 4.1 million shares ... over the past six months, taking the Reuben brothers ever closer to the figure of 30 per ... the likeliest scenario was that the Reuben Brothers would edge their involvement in Arena ...

Article: Reuben Brothers strengthens Arena Leisure ...
The Racing Post (London, England);  September 24, 2008 ;     696 words ... ... 25 per cent. In April 2007, the Reuben Brothers group bought rival racecourse group ... private status. At the same time Reuben Brothers acquired a 14 per cent holding in ... suggested at the weekend, rumours that Reuben Brothers was getting out of Arena have proved ...

Article: Reuben brothers table bid for struggling PBR.
The Journal (Newcastle, England);  June 16, 2009 ;     700+ words ... ... property and private equity empire Reuben Brothers, have tabled a bid for the firm ... restaurant on Grey Street. A spokesman for Reuben Brothers, which bought Newcastle Racecourse ... owed to trade creditors. However the Reuben Brothers spokesman said if the deal succeeded ...

Article: Bankers buzz Reuben brothers.
Financial News;  March 30, 2003 ;     452 words ... ... Hoare Bankers are flocking to the Reuben brothers, two entrepreneurs with an estimated ... who gives banking advice to the Reuben Brothers, says: "We are talking to a variety ... and BNP Paribas are listed among the Reuben brothers' advisers, but Lefevre, who worked ...

Article: Reuben brothers take GBP 10m stake in pubs ...
Scotland on Sunday;  March 21, 2004 ;     584 words ...THE billionaire Reuben brothers, two of the UK's wealthiest private investors, have taken ... for GBP 2.51bn last October. This is the second time the Reuben brothers have struck a deal with Leslau and Hunter following the acquisition ...

Article: Reuben brothers backing Hunter on acquisition ...
The Evening Standard (London, England);  August 4, 2003 ;     377 words ... ... up with two of Britain's richest men, the billionaire Reuben brothers, who backed the Scottish businessman's abortive attempt ... takeover attempts on House of Fraser and Allders. He and the Reuben brothers are now exploring further opportunities in the retail and ...

Article: Reuben brothers spur on Northern; MARKET REPORT.
The Daily Mail (London, England);  March 27, 2007 ;     700+ words ... ... good to firm for Northern Racing as rumours of a [pounds sterling]100m or 285p a share cash offer from the superrich Reuben brothers did the rounds. Shares of the owner of racecourses as far North as Newcastle and Sedgefield to Chepstow in the West and ...

Article: Reuben brothers buy stake in Whitbread.
Daily Mail (London);  January 28, 2007 ;     700+ words ... ... Jan. 28--The mystery buyers who have snapped up an eight per cent stake in leisure group Whitbread are the billionaire Reuben brothers, Financial Mail can reveal. The arrival of such heavyweight investors on the share register comes as Whitbread considers ...

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!

Find articles, research, and archives