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Ricketts family-led consortium withdraws bid to buy Chelsea
The Ricketts family-led consortium has withdrawn its bid to buy Chelsea Football Club.The Chicago Cubs owners and their partners opted not to submit a final bid for the Blues, due to “unusual dynamics around the sales process”. Tom and Laura Ricketts had partnered with US billionaires Ken Griffin and Dan Gilbert to place a cash-only …
Business
Sky News
Elon Musk ‘not sure’ Twitter takeover will succeed, but says he has ‘Plan B’
Elon Musk is “not sure” whether his attempt to take over Twitter for $41bn will succeed, he has told a conference in Vancouver.The meme-posting billionaire added that he had a “Plan B” if his offer to buy to buy Twitter for $54.20 a share was turned down – and criticised Mark Zuckerberg’s model of ownership …
Business
Business Live
Kestrel Foods swoops on County Down granola company Just Live a Little
Portaferry, County Down, granola company Just Live a Little has been bought by Kestrel Foods for an undisclosed sum. The County Armagh snack manufacturer – which makes a range of plant-based products – said the acquisition sits well with its current portfolio, expanding its reach into the granola market. It said the move “signals the …
Business
Business Live
Harland & Wolff’s Belfast shipyard wins first UK cruise ship contract in 20 years
Harland and Wolff has won the UK’s first cruise ship contract in 20 years. The Belfast shipyard will undertake works on P&O’s Aurora and Cunard’s Queen Victoria in its dry docks for 33 days. The Queen Victoria will be in the city in May while Aurora will undergo works in June. Cunard’s Queen Victoria will …
Business
Business Live
Rise of economically inactive poses problems for North East firms
Figures out last week showed that the headline unemployment in the North East had fallen for the third month in a row, though it remains the highest in the UK. But those figures from the Office for National Statistics also pointed to a curious feature of the current economy. For while unemployment has fallen by …
Business
Business Live
Northern Ireland housing market heads higher as hungry buyers chase dwindling pool of properties
The housing market in Northern Ireland has continued to charge higher on the back of a continued lack of supply. According to the latest report from industry body the Royal Institution of Chartered Surveyors (RICS) and Ulster Bank, average house prices rose in the first quarter of this year and are expected to continue higher …
Business
Business Live
Zero emission commuter ferry service to link Belfast and County Down town by 2024
Commuters between the County Down town of Bangor and Belfast will soon be able to take a fast ferry to get to work after an operator confirmed it will commence a new zero-emission service by 2024. Condor Ferries, which is headquartered in Guernsey, said it will operate the “world’s most advanced zero-emission commuter ferry” between …
Business
Euro News
Elon Musk’s life story: the highs and lows of the Tesla and SpaceX boss
Business
Evening Standard
A year after sale, tepid auction of Jack Dorsey’s first tweet NFT suggests boom may be over
Press Release
Pressat
BPG, GTMS and Grant Thornton’s Assessment Value Report
BPG Precious Metal Storage Fund PLC (Ticker: BPGR, ISIN: SI0031117128) (“BPG“) is an alternative investment fund listed on the Vienna stock exchange‘s MTF. The fund invests in precious metal streams. In 2021, BPG acquired a 51% equity stake in Green Tech Mining and Services LLC (“GTMS”), a company, originally founded by Oman’s only government owned Mining …
Business
Evening Standard
The secret to starting up? Be passionate and think big
Business
Sky News
Former Conran restaurant empire serves up £100m auction
The owner of famous British restaurants including Coq d’Argent and Quaglino’s is braving headwinds caused by soaring inflation and staff shortages with an auction that could value it at £100m.Sky News has learnt that the private equity firm LDC has asked corporate financiers at Interpath Advisory to launch a sale process for D&D London, the …

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