LAWFUEL – The Law Newswire – Four of the world’s largest investment banks have been ordered to stand trial for stock market manipulation during the collapse of Parmalat, the Italian dairy group, in 2003.
Archie Norman, the former boss of Asda, is to become chairman of the tool hire company HSS after his investment company bought the business in a £310m deal.
Oasis Healthcare, the dental chain with 134 practices in England and Wales, has agreed to be bought by private equity firm Duke Street Capital for £76.9m as consolidation in the sector continues apace.
Pinewood Shepperton, the owner of studios where the James Bond and Harry Potter films were made, has warned that full year revenues will show only a small increase because of production delays.