THE BARINGS CRISIS : Sell-off hit
Monday 27 February 1995
The Barings fiasco comes in the middle of the international marketing of the shares and is a view that institutions will adjust their bids according to the situation in the markets.
Institutions have begun bidding for shares. However, one source close to the sale said: "A lot of the bids are market price related. You can adjust them if the market price falls." Even firm bids can be withdrawn before the Friday deadline.
Neither National Power/PowerGen would comment on the potential impact on the sale. One industry source said: "I don't think it's a show stopper but if there is a problem it is for the Treasury not the companies."
The magicians using online collaboration to push the boundaries
Jennifer Lawrence attacks mass media again over body image
Paris charity auction staged to save the ancient city of Tyre
scienceScientists find the answer to a question that even puzzled Darwin
A very timely Great Train Robbery and a frantic 24 Hours in A&E among the highlights
Geoffrey Macnab: The Wolf of Wall Street's account of white-collar excess is A Rake’s Progress on steroids
arts + entsThe 'Friends' actor on his new role as campaigner on addiction issues
Jennifer Lawrence: 'It should be illegal to call someone fat on TV'
Colin Farrell reveals ‘affair’ with Elizabeth Taylor: 'She was my last romantic relationship'
Children evacuated from swimming pool after prosthetic leg mistaken for paedophile
Devyani Khobragade: India-US row escalates over arrest of diplomat in New York
Peter O'Toole: Tales of the late film icon
- 1 America's 'virgin births'? One in 200 mothers 'became pregnant without having sex'
- 2 Sun will 'flip upside down' within weeks, says Nasa
- 4 Christmas comes early: Justin Bieber announces he's 'retiring from music'
- 5 Children evacuated from swimming pool after prosthetic leg mistaken for paedophile
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