Executive stress puts pressure on BNB

Article Abstract:

BNB Resources is a UK recruitment consultancy which has seen the departure of key staff members such as Andrew Goodman, Goodman Graham's chief executive. Goodman Graham was acquired by BNB in 1995 and specializes in information technology. Norman Broadbent International has been a strong contributor to BNB's profits, but Miles Broadbent, its founder and chief executive has left and set up his own, rival company. BNB's pre-tax profit is forecast at 7.6 million pounds sterling for 1996, but the company could be vulnerable if some businesses do not perform well.

Personnel Supply Services, Employment Services, Management, BNB Resources PLC

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Northern deal boosts Innogy

Article Abstract:

Innogy has acquired the supply business of Northern Electric for GBP999 mil, while Northern has bought Innogy's Yorkshire electricity distribution operation for GBP1 bil. The deal means Innogy now has 7.1 customers.

Electric utilities, Mergers, acquisitions and divestments, Innogy PLC, Northern Electric PLC

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