Posts Tagged ‘

robert tchenguiz

J Sainsbury alert — 14 per cent of the grocer is on the move

Is the takeover battle at J Sainsbury really all over? Wednesday saw a huge trade printed just before the opening of business on the London stock market — 248m shares changing hands.

The stock changed hands at 575p — a whopping 45p above Tuesday’s closing level. More…

Tchenguiz increases Sainsbury stake

Robert Tchenguiz, the property entrepreneur agitating for change at J Sainsbury, has used the slide in the retailer’s share price to further increase his stake. In regulatory filings to the stock exchange on Thursday, More…

Tchenguiz looks to have won La Tasca

Robert Tchenguiz , the property magnate and financier, on Wednesday night appeared to have won the battle for control of La Tasca, the Spanish-themed restaurant chain. Tragus, the rival bid vehicle owned More…

Tchenguiz taps up tapas bars

Robert Tchenguiz, the property entrepreneur, is a potential bidder for the Spanish tapas bar operator La Tasca, reports the Telegraph. Earlier this year La Tasca said it had appointed PwC Corporate Finance to help it examine a sale after receiving expressions of interest. More…

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, More…

Tchenguiz hints at return for M&B

Robert Tchenguiz has given his strongest hint yet that he is prepared to have a tilt again at pub group Mitchells & Butlers, reports the Telegraph. Speaking after the company unveiled solid sales figures, More…

Tchenguiz puts Welcome Break assets up for sale

Robert Tchenguiz is poised to put a portfolio of Welcome Break motorway service stations on the market to take advantage of rising investor demand in the sector. It is understood that agents DTZ have been hired to sell the nine properties for about £365m. More…

Kaupthing leads purchase of Phase Eight

A consortium led by Kaupthing, the Icelandic bank, has bought Phase Eight, the fashion retailer for £51.5m, reports the Times. Saj Shah and Ian Findlay, the chief executive and FD of Jane Norman, the fashion chain in which Kaupthing is a shareholder, More…