Lenders to M6 appoint UBS to run sale process; teasers out

I turned up a little titbit on the M6 toll road situation whilst on the rounds today.

The banks that took control of M6 signalled a couple a months ago they are plotting a sale of the business after taking control of the motorway from Aussie infrastructure fund Macquarie. Here are links to a Financial Times article and BBC piece on the topic.

Egg on face for Dragons as Tangle Teezer appoints Baird to handle multi-million pound takeover approaches

Sometimes in the world of business knock backs only strengthen your resolve to succeed.

That appears to be the case for Shaun Pulfrey, a former hairdresser. Back in 2007, he went onto to the Dragons' Den (the hit BBC TV programme) seeking £80,000 for a 15pc stake in Tangle Teezer, which makes hairbrushes to comb through knotted hair.

Flag pole alert - part 4

It does now appear unlikely British American Tobacco will pounce on Imperial Tobacco given last night's BBC Panorama allegations. At least, I wouldn't expect a deal in the near future...

World domination (by ex-Telegraph journos)

Mark Kleinman over at Sky News appears to be on a bit of hot streak.

Kleinman, a former colleague/boss during my time at The Daily Telegraph / The Sunday Telegraph, has landed several big exclusives this week, including the £1 billion takeover bid for Domino Printing.