TENNENT'S Lager owner C&C Group has been mulling whether to link up with a partner to make an all-cash bid for Spirit Pub Company.
C&C made a surprise approach to Spirit on Thursday, days after the pub giant backed a revised proposal from Greene King.
Spirit rebuffed the C&C approach, but the drinks firm outlined the benefits of a deal the next morning, stating it would offer a route to market for its brands in England and Wales.
Now C&C, whose approach was understood to be to offer shareholders more cash than the Green King proposal, may join forces with a partner for an all-cash bid, The Sunday Times reports.
The private equity owner of fashion-led shoe retailer Office is mulling whether to offload or float the business on the stock exchange.
Silverfleet, which took control four years ago, is considering its options as it presses ahead with plans to expand the retailer across Europe, The Sunday Telegraph reports. The newspaper also says the founder and chief executive of King of Shaves is stepping down as chief executive of the British grooming brand after 21 years at the helm.
New Tesco chief executive Dave Lewis is in talks with the retailer's chairman and remuneration committee over reviewing his bonus deal, The Mail on Sunday says. It comes days after the company reported a 92 per cent fall in half-year profits and confirmed an accounting scandal had overstated profits by £262 million.
Entrepreneurial Spark has compiled an "A-list" of Scotland's business stars of tomorrow, the Sunday Herald reports, to ensure they get support from more experienced mentors and inspire younger peers to follow in their footsteps.
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