Campbell’s eyes United Biscuits deal
Tags: NULL KCS-content Sunday 22 August 2010 10:08 pm Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoNoteabley25 Funny Notes Written By StrangersNoteableyUndoZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen HeraldUndoBetterBe20 Stunning Female AthletesBetterBeUndoCrowdy FanShe Didn’t Know Why Everyone Was Staring At Her Hilarious T-ShirtCrowdy FanUndoautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comUndoAtlantic MirrorA Kilimanjaro Discovery Has Proved This About The BibleAtlantic MirrorUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoElite HeraldKate Middleton Dropped An Unexpected Baby BombshellElite HeraldUndo whatsapp Share whatsapp
Campbell’s eyes United Biscuits deal Show Comments ▼ Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof CAMPBELL’S, the American maker of tinned soup and pasta sauces, has emerged as a potential bidder for part of United Biscuits (UB), the manufacturer of Jaffa Cakes.Campbell’s has hired Centerview Partners to look at UB’s biscuits division, which includes the McVitie’s and Jacob’s brands and could be worth up to £1.5bn. The US food giant is less interested in UB’s snacks arm, which makes Hula Hoops crisps, or its northern European operations.UB’s private equity owners, Blackstone and PAI Partners, hired banks JPMorgan and Goldman Sachs to conduct a strategic review of the business last month. Sources emphasised the process was ongoing and could result in the buyout houses deciding not to sell the asset.The takeover specialists paid £1.6bn for UB in 2006, and are considering splitting the company into its biscuits and snacks units to make it more attractive to buyers. The biscuits segment provides around three quarters of UB’s £1.3bn turnover.Although UB grew its business profit by 13.7 per cent to £223.4m and bounced back to a £35.4m pre-tax profit last year, it comes laden with £1.2bn net debt. Accounts filed at Companies House also reveal its pension schemes swung from a £42.9m surplus to a £153.3m shortfall, which could discourage some bidders.Campbell’s is not the only name in the frame. Kraft – which was advised on its purchase of Cadbury by Centerview – Kellogg, PepsiCo and India’s Britannia are also thought to be casting their eyes over UB.UB was formed in 1948 from two Scottish companies and employs just under 8,400 people in the UK, Belgium, France and the Netherlands. 
Wednesday 1 September 2010 8:47 pm Tesco eyes Carrefour’s Asian assets Show Comments ▼ whatsapp KCS-content More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.com Tags: NULL whatsapp TESCO is one of at least ten bidders circling for the Asian assets of French retail giant Carrefour. The Thai, Malaysian and Singaporean operations owned by Carrefour are being offloaded – offering Tesco an expansion of its Asian operation. Under its Tesco Lotus banner it is already a major player in Asia with hypermarkets in Thailand.Carrefour has priced the 61 stores at around $1bn (£647m). Hargreaves Lansdown analyst Richard Hunter said: “This would be a very shrewd move by Tesco.“This geographical diversifcation has been a feature of its strategy and has been working. Moving for Carrefour’s assets will give Tesco an even stronger presence in Asia.”Meanwhile, Dairy Farm, the Singapore retail group, is also among the pack of bidders. Aeon, Japan’s second largest retail group, and Casino, the French retailer, are also believed to be in the hunt. The purchase would almost triple Aeon’s outlets in the three Southeast Asian nations. It currently operates 27 Malaysian stores and 11 outlets in Thailand. The company is being advised by Nomura. Meanwhile, Carrefour is being advised by Goldman Sachs and UBS, with Casino advised by Deutsche Bank. Wal-mart, the world’s biggest retailer, which has pinpointed south-east Asia as an area where it wants to expand, had not made a bid as the deadline passed. Carrefour, the world’s second largest retailer behind Wal-mart earlier this week announced that it had made a €67m (£55m) net profit in the first half of the year. Share
Show Comments ▼ whatsapp Tags: NULL Wednesday 29 September 2010 10:24 pm Tullett PrebonThe inter-dealer broker has re-hired Tory MP Michael Fallon as a non-executive director, just a few months after he resigned to pursue an unsuccessful campaign for the Treasury Select Committee chairmanship.Fallon, who lost out to Andrew Tyrie, rejoins Tullett a week after he replaced Lord Ashcroft as deputy chair of the Conservative party.He had formerly been on the board of Tullett, headed by Terry Smith, for almost six years.OfcomThe media regulator has appointed four new non-executive directors to the board of broadcaster Channel 4, in the form of Alicja Lesniak, Monica Burch, Mark Price and Richard Rivers.Lesniak is currently a non-executive at property group DTZ; Burch is chairman of the board at law firm Addleshaw Goddard; Price is managing director of upmarket supermarket chain Waitrose; and Rivers is a non-executive director at Mothercare and a former chief of staff at consumer giant Unilever.DeloitteThe accountancy firm has poached Heather Devine, an international tax specialist, from rival Ernst & Young.Devine becomes a director in Deloitte’s business model optimisation team, part of the transfer pricing group. She was an international tax partner at EY and has also held roles at Hanson, Barclays and HSBC.State Street Global AdvisorsThe investment management firm, part of State Street bank, has hired Scott Ebner as global head of ETF product development.Ebner joins from NYSE Euronext, where he was most recently global head of exchange traded products.Prior to that, he served as senior vice president of the ETF marketplace at the American Stock Exchange (Amex).Kinsey AllenThe headhunter has appointed Raffaella Boscolo as a consultant in the asset backed securities and credit solutions business. She was formerly at Societe Generale and then moved into monoline bond insurance, working for Radian and Financial Guaranty Insurance.Clifford ChanceRoger Leese, a partner in the law firm’s litigation and dispute resolution practice, has been appointed chairman of Advocates for International Development, a broker between law firms and developing countries. CITY MOVES | WHO’S SWITCHING JOBS by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastNoteabley25 Funny Notes Written By StrangersNoteableyMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.com whatsapp Share KCS-content 
Thursday 9 December 2010 8:37 pm Show Comments ▼ whatsapp More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org EU leaders will hold a crunch meeting next week to discuss a coordinated plan to tackle the Eurozone debt crisis.Despite signs that volatility in European bond markets is abating, European commissioner for monetary affairs, Olli Rehn, said it was time for Europe to show proper coordination, and throw its weight firmly behind its shared currency.He said: “We have to take well-coordinated action to safeguard stability in the euro area. We will not stop until we have accomplished our mission.”Eurozone finance ministers took no extra action to tackle the crisis this week, saying a €750bn (£628bn) fund was sufficient to deal with Ireland’s bailout and any potential problems spreading to Portugal or Spain.However, EU finance officials have repeatedly warned there is no room for complacency, pointing to a period when markets calmed down over the summer and the subsequent turmoil. The summit, to be held on 16 and 17 December, is supposed to agree on the shape of a permanent mechanism for handling a future crisis.But the discussion will also focus on how to handle the immediate situation. There is growing divergence between Germany and other member states on what measures to take, including over whether euro area bonds make sense, and whether the European Central Bank might buy more distressed debt.France added its voice to Germany’s staunch opposition to the idea of euro bonds yesterday, saying it saw little need for such an instrument, which would effectively mean all 16 Eurozone member states sharing debt issuance and credit risk.Instead, what analysts say could emerge at the summit is a commitment to enlarge, or at least consider enlarging, the €750bn European financial stability facility. EU ministers to thrash out bailout plans KCS-content 
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Thursday 16 December 2010 7:50 pm NOKIA stepped up its patent war with Apple yesterday, filing 13 new complaints with authorities in Germany and Holland.Nokia claims the iPhone maker infringed its patents in its blockbuster mobile handset.The escalating battle between the two started more than a year ago when Nokia filed its first case in the US. Nokia’s new filings accuse Apple of breaching Nokia’s patents related to several technologies, including the touch user interface, on-device app stores, signal noise suppression and modular structure.Apple, which was not available for comment yesterday, has countersued Nokia over patents in the US and the UK. It also remains engaged in patent rows with Motorola, HTC and other mobile phone vendors using Google’s Android operating system.Apple’s iPhone and devices running on Android have carved out a large chunk of the lucrative and quickly expanding smartphone market, largely at the expense of Nokia, which has stuck mainly to its older Symbian software.Nokia’s shares have fallen 15 per cent this year as its share of the smartphone market sank.It has also struggled with the rollouts of its latest answers to the iPhone – the N8 and the E7 models.Meanwhile, Apple yesterday announced its laptop version of its lauded App Store will open for business on 6 January. This could be good news for Apple investors, with the app market forecast to be worth an astonishing $35bn (£22.2bn) a year by 2014. Apple keeps 30 per cent of the price of each app downloaded. whatsapp Tags: NULL
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Tags: NULL Friday 17 December 2010 3:37 am Show Comments ▼ More From Our Partners Bill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comConnecticut man dies after crashing Harley into live bearnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com Britain’s biggest pubs group Punch Taverns said it was on track to meet full-year targets after an investment programme and support for tenants helped its recently-noted improved trading to continue.Punch, which has over 7,100 pubs across Britain, said the improved trading momentum recorded in the fourth quarter had continued in the 16 weeks to 11 December, despite an impact from bad weather in the last two weeks of the reported period.Punch said the average core earnings per pub from its leased division was down 1.7 per cent, which it said reflected disposals in the non-core estate.Support for tenants through the Pathway to Partnership programme helped to deliver benefits as the rate of like-for-like EBITDA decline improved in the period, it said.Punch said it had continued to invest just under £2m each month to help struggling tenants stay afloat, maintaining that level for more than 12 months. The support is provided through rent concessions and product discounts.Like-for-like sales growth in the managed pubs division was at 2.2 per cent as the pub investment programme continued.“The actions taken to strengthen both the Leased and Managed businesses have resulted in an improved trading performance in the first 16 weeks of the financial year,” said Chief Executive Ian Dyson.“We are now looking to build on this momentum by focussing on further operational improvement across the business.” Dyson said his strategy review had continued and he would give an update in the first quarter of 2011. 
Property firm Great Portland Estates (GPE) has swapped one of its properties on London’s Oxford Street for two others. The company has swapped its freehold interest in 79/89 Oxford Street with a private investor in return for a new 250-year leasehold interest at both 79/89 Oxford Street and the adjoining property, 73/77 Oxford Street. The acquired properties are located adjacent to the Dean Street Crossrail station that is currently being built. Show Comments ▼ Tags: NULL KCS-content Share Monday 21 February 2011 7:30 pm Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap whatsapp Oxford St property swap for GPE whatsapp 
Vodafone and BT Group saw their shares surge yesterday after a broker upgrade. They also saw exceptionally high volumes, after getting a boost from a note on the telecoms sector from Morgan Stanley in which they were upgraded. The broker said: “Telecoms is our preferred defensive sector. It offers greater potential for a positive growth surprise as well as offering a substantial dividend yield boost over other sectors.” Both firms were upgraded to “overweight” with price targets of 225p for Vodafone and 260p for BT. Vodafone closed yesterday 1.76 per cent up at 181.85p. BT closed up 3.97 per cent at 191.1p. Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodayUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoBetterBe20 Stunning Female AthletesBetterBeUndoautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comUndoElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldUndoDrivepedia20 Of The Most Underrated Vintage CarsDrivepediaUndo KCS-content Show Comments ▼ Vodafone and BT get boost whatsapp
More From Our Partners UK teen died on school trip after teachers allegedly refused her pleasnypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comMark Eaton, former NBA All-Star, dead at 64nypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.com whatsapp Tuesday 8 March 2011 7:22 pm Share Tags: NULL
Share BP faces US shareholder revolt at AGM by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailBetterBeDrones Capture Images No One Was Suppose to SeeBetterBeElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comSenior Living | Search AdsNew Senior Apartments Coming Nearby Scottsdale (Take a Look at The Prices)Senior Living | Search AdsFlight 10Secret Car Features Most Don’t Realize Their Car Is HidingFlight 10 CALPERS the biggest US public pension fund, and its Florida equivalent have said they will vote against management ahead of BP’s annual general meeting tomorrow, over anger at the Gulf of Mexico oil spill.Calpers and the Florida State Board of Administration, which between them own almost 83m shares, or 0.4 per cent of BP’s shares, said they will oppose the approval of the company’s annual report and against the re-election of Bill Castell, non-executive director and head of the safety, ethics and environment assurance committee.The shareholder rebellion comes as BP tries to secure a last-minute deal with Rosneft. Sources close to TNK-BP yesterday confirmed that executives at the Russian venture are looking to sue BP management over their planned £10bn deal with oil giant Rosneft. Bosses at TNK-BP are hoping to enforce the firm’s alleged rights as BP’s preferred partner in the country, on top of a separate lawsuit being fought by investor AAR.TNK-BP is also preparing to sue BP chief executive Bob Dudley, who it argues helped the directors.AAR, the vehicle used by the Russian oligarchs who jointly run TNK-BP, started a separate lawsuit back in January to block BP’s £10bn share swap and exploration deal and currently has an interim injunction halting further progress. BP has until tomorrow to secure an extension to its share swap and exploration plans with Rosneft before the original deal expires. Tuesday 12 April 2011 8:18 pm whatsapp
More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.com KCS-content Show Comments ▼ whatsapp Tags: NULL
Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily ProofHomemade Tomato Soup: Delicious Recipes Worth CookingFamily Proof Tags: NULL Show Comments ▼ Share Aggreko expects profits rise by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSenior Living | Search AdsNew Senior Apartments Coming to Scottsdale (Take A Look at The Prices)Senior Living | Search AdsHero Wars This game will keep you up all night! Hero Wars Luxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search AdsMoneyPailShe Was Famous, Now She Works In {State}MoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesGundry MD Total Restore SupplementWhat Rice Does to the Human BodyGundry MD Total Restore SupplementBlood Pressure For LifeWhy Doctors May No Longer Prescribe Blood Pressure MedsBlood Pressure For LifeFilm OracleHer Love Triangle Inspired 3 Of The Most Popular Songs Ever WrittenFilm Oracle
Wednesday 27 April 2011 7:52 pm whatsapp whatsapp KCS-content BRITISH temporary power provider Aggreko said it expected trading profit to be slightly ahead of 2010, after a strong start to the year helped revenues grow by nine per cent.Aggreko, whose containerised generators help meet electricity shortfalls and power major events such as the Olympics and soccer World Cup, said revenues in the three months to the end of March grew nine per cent, excluding revenues from last year’s major events.The firm, which posted a 19 per cent revenue rise in constant currency in its International Power Projects, added it had now signed a contract worth around $100m (£60m) with Tokyo Electric Power Company for the supply of 200MW of emergency power for a minimum period of a year.Aggreko said it had also seen strong trading in its North American and Australian businesses in particular and following a strong order intake in recent months it planned to up its fleet expenditure in the second half of the year. 