Corporate finance

Article Abstract:

Corporate finance deals were plentiful in Leeds and northern England, with 98 deals for 1st half 1998, but since then, economic uncertainty has affected the sector. Companies based in the area shed 23 operations and made 17 purchases, with management buyouts and buyins predominating. Major deals include the acquisition of Argos by Great Universal Stores. Companies in the region tend to be cautious in terms of taking on debt, but borrowing has become increasingly important in deal structure.

Finance, Corporations, Corporate finance, Leeds, England

---

Schroders

Article Abstract:

Schroders is a UK merchant bank which reported a rise in revenue of 14% in 1995. The company's expenses increased by 21%, excluding Wertheim. Schroders is providing advice to Trafalgar House over a bid by Kvaerner, and is winning an increasing amount of business related to personal equity plans. Venture capital, management buyout and project finance activities have performed well, though international securities operations have not performed so well, except for New York.

Management, Schroders PLC

---

Three's company

Article Abstract:

Merchant banks have been attracted to north west England and competition has increased. There are three major merchant banks with fully operational offices in the city of Manchester in north west England. They are BZW, Rothschilds and NatWest Markets. BZW tends to specialize in medium and larger firms. The UK general election of 1997 has encouraged some business owners to sell because they fear changes to capital gains tax in addition to possible takeover law changes.

Economic aspects, England, Manchester, England

Similar abstracts:

• Abstracts: Stop the madness. The SWIFT way
• Abstracts: Into the fast lane. Fingers in many pies. Regional accent
• Abstracts: A question of confidence. The Footsie's universal appeal

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.