AAC Capital said to consider £100 million plus sale of Dunlop Aviation Tyres

The former buy-out arm of ABN Amro is weighing a £100 million plus sale of one of Britain's oldest manufacturing businesses.

City sources said AAC Capital, which used to be part of Dutch bank ABN Amro, asked corporate finance advisers to pitch for a sell side mandate a couple of years ago but up until now the private equity firm has waited for the right moment to begin the sale process.

HSBC takeaway - part 2

Readers might recall that earlier this week HSBC was quick out of the blocks to boast how it was the "sole" financial advisor to ChemChina on its $43 billion purchase of Sygenta, sending out a release on topic in the early hours of Wednesday morning.

Well, it turns out that might not be the case. According to Bloomberg, some chap called Ze'ev Goldberg was never "far from the side" of ChemChina chairman Ren Jianxin during the heated negotiations with Syngenta.

Back on Tip TV talking about Pirelli, ITV, Holcim-Lafarge and Quindell

Apologies for the late posting but here is today's Tip TV clip: 

http://www.tiptv.co.uk/archives/the-latest-news-in-mergers-and-acquisitions/

Italian companies and their difficulty with the truth

Interesting to see Pirelli and Rosneft announce this morning the Russian gas giant has acquired a significant stake in the tyre group's holding company.