Lonrho takes its wares to market

Article Abstract:

Lonrho is a UK holding company may sell some major assets following a number of minor disposals, in order to focus on mining and links with Africa. The group has put together hotel assets in African and the UK under a single management and these assets could be floated in 1996. The group also plans to restructure platinum mining assets. Lonrho aims to demonstrate that it is undervalued in the market through floating assets, according to Charles Pick, analyst from Panmure Gordon.

Offices of Bank Holding Companies, Investment Holding Companies, Conglomerate corporations, Lonrho PLC

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More than a great future behind them?

Article Abstract:

A number of UK entrepreneurs have undergone a revival in 1995. They include Stephen Hinchcliffe who has set up a retailing business called Facia, Howard Hodgson who is specialising in branded goods, and Bill Rooney who was appointed chairman of Atreus in Nov 1994. Facia has acquired a number of retailers including Sock Shop, Torq, Salisbury and Mayfair Trunks. Hodgson acquired a loss-making brewer called Hoskins in 1993 which was sold in Dec 1994.

Businessmen, Hodgson, Howard, Hinchcliffe, Stephen

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