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exista
’Unwinding Iceland
As a triple B lender, Iceland will have to move quickly if it is to avoid an humiliating trip to the IMF as a bankrupt sovereign.
After the near-implosion of its banking system and a two-notch credit rating downgrade by Standard & Poor’s,
JJB Sports defends founder Whelan
JJB Sports has defended Dave Whelan, its founder and a JJB executive director, who on Friday said he had sold his 29 per cent stake in the group after telling investors in January he would not sell any shares for 12 months.
Tchenguiz sells €1bn stake in Sampo
Robert Tchenguiz has sold a €1bn shareholding in Sampo, after the Finnish insurance group offloaded its banking division. R20, Mr Tchenguiz’s investment vehicle, is expected to announce on Thursday that it has sold a 9.5 per cent stake in Sampo to Exista,