OFT to probe UK’s private health sector

first_img More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comWhy people are finding dryer sheets in their mailboxesnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.com whatsapp KCS-content Show Comments ▼ Tuesday 14 December 2010 9:22 pm Sharecenter_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastNoteabley25 Funny Notes Written By StrangersNoteableySerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeHistorical GeniusHe Was The Smartest Man Who Ever Lived – But He Led A Miserable LifeHistorical GeniusMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan Times THE UK’s lucrative £5.5bn private healthcare market is to come under scrutiny from market watchdog the Office of Fair Trading (OFT), it announced yesterday. The regulator has opened a consultation into whether the market for private hospitals and medical procedures offer customers enough choice and value, ahead of a full investigation in early 2011. As the NHS accounts for 25 per cent of all revenues into the private health industry, the government is increasingly eager to get value for money from providers.“We are keen to establish whether patients and buyers of private healthcare services, including the NHS, are getting the full benefit of choice and competition,” said OFT senior director Sonya Branch. The top five private healthcare providers according to acute medical revenues, which includes names such as Spire Healthcare and Nuffield Health, accounted for 71 per cent of the UK market in 2008. OFT research has led to concerns that too much of the market is too concentrated in the hands of a few major companies, making it harder for new players to gain ground. Branch told City A.M. that “our own research suggests markets are not working optimally,” adding that a range of submissions from people at different stages in the market alerted the OFT to the fact that “something more endemic” was wrong than any one isolated factor.The market study will investigate concentration and market access but also whether the industry imposes any restrictions on doctors and how easily consumers can access, understand and compare provider information. Medical insurance provider Bupa said it would support the study. “Competition in the private healthcare market is good for our customers,” said Dr Natalie-Jane Macdonald, managing director of Bupa Health and Wellbeing.Ageing populations, longer life expectancy and reforms to the NHS have all added to the role private healthcare provision plays in the UK. whatsapp OFT to probe UK’s private health sector Tags: NULLlast_img read more

World stocks hit two-year high

first_imgThursday 23 December 2010 5:44 am whatsapp World stocks hit two-year high whatsapp World stocks hit their highest level since September 2008 while oil held near a two-year peak as favourable US data reinforced expectations economic growth will retain momentum into next year.Wednesday’s upwardly revised data showing the US economy expanded at 2.6 per cent in the third quarter, coupled with recent retail sales figures, pointed to firmer economic activity in the world’s largest economy.Stronger banking stocks helped the S&P 500 index hit its highest level since the collapse of Lehman Brothers.“The corporate picture still looks very bright, the trend towards higher profits is going to continue and public policies should remain shareholder-friendly,” said Henk Potts, equity strategist at Barclays Wealth.“In terms of the macro environment, we would expect most of the economies to keep growing and that is a pretty powerful mix.” The MSCI world equity index was up 0.1 per cent, having earlier hit 328.89, its highest since early September 2008. The index has gained nearly ten per cent this year. The FTSEurofirst 300 index was up slightly on the day, having hit a 27-month peak earlier, while emerging stocks were steady. Tokyo was shut for a holiday.US crude oil stood at $90.48 a barrel, within half a cent of the peak that was the highest since October 2008.Abnormally cold weather in the United States and Europe has spurred the rally above $90, the latest leg in a more than 40 per cent rise from a year low in May. Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily ProofHomemade Tomato Soup: Delicious Recipes Worth CookingFamily Proof Tags: NULL Show Comments ▼ John Dunne Share last_img read more

BP hires new head of PR after Gulf spill

first_img whatsapp whatsapp Wednesday 5 January 2011 8:12 pm Share BP hires new head of PR after Gulf spill KCS-content BP has hired one of chief executive Bob Dudley’s former colleagues to repair the company’s public image following the Gulf of Mexico disaster, sources close to the company confirmed yesterday. Peter Henshaw is set to join the firm as a senior executive in the next month, with responsibility for rebuilding the company’s reputation. He most recently worked for British natural gas explorer BG Group as head of government and public affairs, but prior to this spent close to a decade with BP. He worked alongside Dudley at BP’s Russian joint venture TNK-BP between 2003 and 2008. Former chief executive Tony Hayward has been with the Russian offshoot in a non-executive role since stepping down from BP in October 2010, following a string of embarrassing gaffes. Henshaw replaces Andrew Gowers, the former editor of the Financial Times who left BP’s communications team at the end of November. BP declined to comment on the news yesterday. Henshaw’s appointment comes in the middle of BP’s $30bn (£19.4bn) asset sale as it tries to raise funds to compensate victims of the Deepwater Horizon spill. Shares in BP rocketed yesterday after Keith Feinberg, the lawyer in charge of the firm’s $20bn compensation fund, said only about half of the money could be needed to pay claimants. Shares closed 1.3 per cent up yesterday at 499.25p. Show Comments ▼ More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comColin Kaepernick to publish book on abolishing the policethegrio.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgLA news reporter doesn’t seem to recognize actor Mark Currythegrio.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgPorsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comMan on bail for murder arrested after pet tiger escapes Houston homethegrio.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comFort Bragg soldier accused of killing another servicewoman over exthegrio.comKiller drone ‘hunted down a human target’ without being told tonypost.comKansas coach fired for using N-word toward Black playerthegrio.comMark Eaton, former NBA All-Star, dead at 64nypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.com Tags: NULLlast_img read more

Howden boosts kitchen sales

first_img Howden boosts kitchen sales KCS-content whatsapp BRITISH kitchen-unit supplier Howden Joinery Group said it expected 2010 pretax profit to beat current market expectations comfortably after sales rose and margins improved in the second half of the year.The company, which supplies kitchen units to small builders, said in an update on trading for the twelve months to 25 December that the business was on track to post pretax profit well above the £88m to £94m range currently forecast by analysts. Total sales from its depots for the year rose 5.1 per cent to £795.1m compared to 2009. Show Comments ▼ whatsapp Tuesday 11 January 2011 7:50 pm Share Read This Next’Pose’ Creator Steven Canals on Life After His Groundbreaking Show: ‘I’mThe Wrap’The Boys’ Star Aya Cash Took Inspiration From YouTube, TikTok and SteveThe WrapHow HGTV’s ‘Renovation Island’ Changed Bryan and Sarah Baeumler’sThe Wrap’Bridgerton’ Stars Phoebe Dynevor and Nicola Coughlan on Daphne andThe WrapBest Wine Gifts & Wine Accessories at Every PriceGayot’Hitman’s Bodyguard’s Wife’ Earns $17 Million 5-Day Opening as Box OfficeThe WrapFox News’ Mark Levin Says Capitol Riot Suspects ‘Would Be Treated Better’The WrapEverything We Know, or Think We Know, About the Time-Keepers on ‘Loki’The Wrap’The Crown’: What Went Into Finding Princess Diana and Margaret ThatcherThe Wrap Tags: NULLlast_img read more

Airbus beats Boeing in new plane orders

first_imgMonday 17 January 2011 8:43 pm KCS-content Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayot’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap Airbus beats Boeing in new plane orders EUROPEAN planemaker Airbus scored a surprise victory in the annual orders race against Boeing and celebrated the 10,000th plane sale in its 40-year history with a $5bn (£3.15bn) order from Virgin America.A last-minute surge pushed Airbus past its US rival for a third year as it held onto a net order market share of 52 per cent in the face of a resurgent Boeing, which was hit by cancellations in 2009 due to delays to its 787 Dreamliner.EADS subsidiary Airbus said it had sold 644 planes worth over $84bn at list prices in 2010, beating Boeing’s total of 625 after a flood of 200 orders in December and demonstrating what it called a robust recovery in emerging markets and the low-fare sector.“These figures show the economy is improving. We have dodged the bullet on a double-dip recession. Aviation is growing again because of Asia, low-cost carriers and emerging markets,” Airbus sales chief John Leahy said yesterday.“The only negative on the horizon is the fuel price.”Airbus’s late spree included the first firm purchase of a revamped A320 passenger jet, the A320neo, by Richard Branson’s California-based low-cost airline Virgin America.The British entrepreneur, on crutches after a skiing injury, staged a signing ceremony with Airbus executives, although the actual deal was concluded in secrecy at the end of December.Last week Airbus announced the world’s largest plane order by volume from India’s IndiGo, including 150 new model A320 jets, but the contract should be finalised in 2011.Virgin America’s order is for 60 Airbus A320 jets including 30 A320neo aircraft with newer engines. Show Comments ▼ whatsapp whatsapp Tags: NULL Sharelast_img read more

It’s time for the City to stop ignoring Brussels

first_img whatsapp Show Comments ▼ KCS-content Share DID we not learn anything from the great British fridge fiasco? You remember those surreal months, when TV bulletins lead every night with the giant fridge mountains swamping the countryside, growing by the hour. And it was all because Britain sent a junior official into the Brussels lion’s den, and his London bosses not only didn’t listen to him, they didn’t know who he was. That poor junior official – if I remember rightly his name was Kevin – knew it would be a recipe for chaos to ban the disposal of fridges containing CFCs while Britain had not a single facility to remove the chemicals. But to the mandarins and ministers in London, Brussels was “over there” and so could safely be ignored.So it was Britain at its most normal useless when the AIFIM directive on hedge funds was written by French officials at the request of a Danish socialist while Britain, which has an 80 per cent market share, was not aware of what was happening. As a European Commissioner said when the Mayor and I met him, the previous government had to be “dead with the worms eating [its] flesh not to notice.” He was palpably relieved to meet a senior British politician to engage with. Now that Brussels is controlling the regulation of our most important industry, ignorance is not bliss, but unaffordable. Although Britain is the banking, securities, insurance and occupational pensions capital of Europe, no British person was appointed chair to the new European Banking Authority, the European Securities and Market Authority, or the European Insurance and Occupational Pensions Authority. The chairmen, appointed last week, are Portuguese, Italian and Dutch, and there is not a single British representative on the board of the EBA. City practitioners are shocked.The solution isn’t difficult. We have the most people with financial services experience in the EU, and we should be flooding the three new European super regulators with staff (including those from the FSA). According to figures from theCityUK, we have 12 per cent of the EU population, but just five per cent of all European Commission officials – we need a programme to double that. The government must scan senior appointments coming up over the next few years, and have a strategy for getting British people in place. We should put top people up for the top jobs, not just any middle ranker whose arm we can twist. Having experience of Brussels should be a prerequisite to promotion, rather than Brussels being a career cul de sac. And industry should play its part, offering staff for secondment to ensure we get the regulation it needs. If we carry on ignoring Brussels, it isn’t Brussels that will suffer. It is us. Just as happened with the fridges.Anthony Browne is an adviser to the Mayor of London by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farmthedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.com It’s time for the City to stop ignoring Brussels Wednesday 19 January 2011 8:17 pm whatsapp Tags: NULLlast_img read more

Briton to head up Olympus

first_img Tags: NULL Briton to head up Olympus A British businessman will become head of Japanese camera-maker and technology group Olympus, the firm announced yesterday, as the firm tries to turn itself around following the downturn. Liverpool-born Michael Woodford, who has been with Olympus for three years, will take over as president when Tsuyoshi Kikukawa moves to become chairman on 1 April. Kikukawa said yesterday that Woodford’s promotion to the top job is part of an effort to reach more global markets. Thursday 10 February 2011 9:07 pm Share whatsappcenter_img KCS-content More From Our Partners I blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoBrake For ItThe Most Worthless Cars Ever MadeBrake For ItUndoZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldUndoBetterBe20 Stunning Female AthletesBetterBeUndoWanderoamIdentical Twins Marry Identical Twins – But Then The Doctor Says, “STOP”WanderoamUndoautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comUndo Show Comments ▼ whatsapplast_img read more

LEIGHTON PROFITS HIT BY FLOODS

first_img Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodayUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoBrake For ItThe Most Worthless Cars Ever MadeBrake For ItUndoBetterBe20 Stunning Female AthletesBetterBeUndoZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldUndoautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comUndo LEIGHTON PROFITS HIT BY FLOODS Read This Next’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap4 ideal Zion Williamson trade scenarios from the New Orleans PelicansSportsnautRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapRick Leventhal to Exit Fox News Just as His Wife Kelly Leaves ‘RealThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap’In the Heights’ Underwhelms at Box Office With $11.4 Million DebutThe WrapJason Whitlock, Former ESPN and Fox Sports Reporter, Resurfaces at BlazeThe WrapFox News’ Mark Levin Says Capitol Riot Suspects ‘Would Be Treated Better’The Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe Wrap Monday 14 February 2011 8:24 pm whatsapp whatsapp center_img Show Comments ▼ KCS-content LEIGHTON Holdings, Australia’s biggest contractor, reported a 25 per cent fall in first-half profit and cut its full-year forecast by six per cent due to recent Australian floods, which affected its work on the Brisbane Airport Link Tags: NULL Sharelast_img read more

Gaddafi pledges to die a martyr

first_imgTuesday 22 February 2011 9:25 pm Gaddafi pledges to die a martyr Tags: NULL Show Comments ▼ KCS-content by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldSenior Living | Search AdsNew Senior Apartments Coming Nearby Scottsdale (Take a Look at The Prices)Senior Living | Search Ads whatsapp whatsapp Share COLONEL Gaddafi yesterday vowed to “die as a martyr” and urged his supporters to attack his enemies as he clung to the vestiges of power.The despot said he would never flee Libya, saying he will “fight to my last drop of blood”.Following the leader’s speech, Tripoli residents reported heavy machine-gun battles in the capital’s centre as Libya appeared close to all-out civil war.The events threw Libya’s oil economy – the first major oil producing Middle East state to be affected by the wave of revolts – into turmoil. Libya’s ports – including Zawia, Tripoli, Benghazi and Misurat – have been closed, traders in the country said. Crude output from the country has fallen by at least a fifth this week and foreign oil companies, including Italy’s Eni SpA and Spain’s Repsol YPF, said they had suspended production in the region. Oil prices continued to rise yesterday with Brent crude oil futures surging to $106.47, despite Saudi Arabia saying it could meet any shortage in supply.Markets across the world also continued to suffer with the FTSE 100 crashing below the psychologically important 6,000 level to 5,996.76 and the Dow Jones Industrial Average falling 1.4 per cent to 12,212.79 – its lowest level since August.Gaddafi however crushed any hopes that he would stand aside to prevent more bloodshed, saying: “If I were president, I would have resigned, but I have no position to resign from.”He blamed the protests sweeping Libya, which have taken control of the major cities, on the influence of foreign forces. He said a small number of “sick” agitators had tempted Libya’s youth with “drugs and money,” branding his enemies “rats”. He said: “You men and women who love Gaddafi, get out of your homes and fill the streets. Leave your homes and attack them in their lairs. The police cordons will be lifted, go out and fight them.” David Cameron called Gaddafi’s actions “completely unacceptable”, while German chancellor Angela Merkel described his speech as “very frightening” and said he had virtually declared war on his own people. last_img read more

AssetCo to raise shareholder cash despite bid support

first_imgMonday 14 March 2011 9:04 pm Show Comments ▼ whatsapp More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comConnecticut man dies after crashing Harley into live bearnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.com whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBeAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’Definitionthedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen Heraldcenter_img Share AssetCo to raise shareholder cash despite bid support Tags: NULL TOP shareholders in AssetCo, the largest fire-engine supplier to the London Fire Brigade, have criticised its board for not considering a takeover approach more carefully.The Aim-listed company yesterday said it had rebuffed months of bid talks and taken out an emergency loan of £1.45m as it prepares to raise more cash from its shareholders.One of the firm’s top investors, however, told City A.M. that certain institutions would have been in support of a takeover bid.“The company has a duty of care to its shareholders to consider a bid at a significant premium carefully and we can’t understand why it didn’t do it,” said the shareholder. The announcement comes one month after problems with its short-term funding broke-up talks with a third party.AssetCo is understood to have received a formal bid from a Middle Eastern investor after it turned to shareholders last month for emergency funding. But the company rejected the approach, calling it “opportunistic”.“Independent directors consider the current approach to be opportunistic and not in the interest of shareholders as the indicated price range included an offer at a discount to the current market price,” it said in a statement.Next Monday AssetCo will ask shareholders to approve the proposed placing of new shares to raise £16m, which will help repay the short-term loan facility from its principle banker. AssetCo’s loan announcement reassured investors and sent shares up 24 per cent, closing at 19.75p. KCS-content last_img read more