Many market participants this morning have been focussing on FTSE 250-listed online retailer Ocado, which saw its shares leap almost 20pc. I'm not commenting on that tale here but people who know me well know what I think of the jackanory.
I'm more interested in the fact two of Mitchells & Butlers largest shareholders have been quietly upping their stakes in the pub company despite the fact the shares last year performed terribly.
Showing posts with label John Magnier. Show all posts
Showing posts with label John Magnier. Show all posts
Tuesday, 19 January 2016
Wednesday, 2 December 2015
Irish horse racing tycoons prepare to fire starting gun on sale of Marks & Spencer's juice maker
Do you remember Wellness Foods?
Well in case you don't, here is a little reminder. During the credit boom of the mid-noughties a group of Irish "tycoons" - said to include Denis Brosnan, formerly the boss of food company Kerry Group - backed Wellness via Switzerland-based Lydian Capital to consolidate Britain's health food market. So, Wellness set about gobbling up upmarket and sloaney food brands such as Dorset Cereals and Rowse Honey.
Well in case you don't, here is a little reminder. During the credit boom of the mid-noughties a group of Irish "tycoons" - said to include Denis Brosnan, formerly the boss of food company Kerry Group - backed Wellness via Switzerland-based Lydian Capital to consolidate Britain's health food market. So, Wellness set about gobbling up upmarket and sloaney food brands such as Dorset Cereals and Rowse Honey.
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