Companies planning to list on the London Stock Exchange were handed a reality check yesterday as investors turned their backs on three of the newest entrants to the market.
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Tuesday 15 July 2008
EMI's Recorded Music division saw earnings of £59.2m in the three months to June, compared with losses of £45.1m last year, according to an email from Guy Hands, the group's controversial chief executive, to staff yesterday. Revenue was £288.1m, up 61 per cent.
Friday 11 July 2008
The private equity tycoon Guy Hands has had his hands full trying to make money from the music industry since buying EMI last year, and now it seems he has taken a hit from investing in the film industry as well.
Friday 20 June 2008
UBS has launched legal action against its own clients, a joint venture of Terra Firma and Deutsche Bank, after they refused to allow the Swiss investment bank to sell debt relating to a buyout to their rivals.
Thursday 17 April 2008
EMI has poached Nick Gatfield from rival Universal Music to run the group's Artists and Repertoire (A&R) operations across the US and the UK.
Friday 18 January 2008
The Rolling Stones could become the latest big-name group to quit the troubled record label EMI, following the example of Sir Paul McCartney and Radiohead.
Tuesday 15 January 2008
Guy Hands has raised £250m in new equity to fund his planned shake-up of EMI and publicly moved to allay fears that the takeover of the struggling music company by his investment vehicle Terra Firma had run into trouble due to the credit crunch.
Sunday 20 February 2005
A much-hyped move into fresh food by off-licence chain Threshers has been ditched after less than a year.
Wednesday 09 February 2005
Tuesday 18 May 2004
Guy Hands, the City financier, has approached Shanks, the waste management group, having been rebuffed in his attempt to buy its larger rival, Pennon.
Monday 17 May 2004
Saturday 09 August 2003
Tuesday 10 June 2003
Friday 06 June 2003
Wednesday 10 May 2000
Monday 01 May 2000
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