By Ian Fraser Sunday Herald October 31st, 1999 The privately-owned construction and property company Miller Group, which has been quietly reinventing itself as a national housebuilder and property developer following its failure to take over Cala Homes earlier this year, is preparing for a stock market flotation. The family business – which today has only […]
By Ian Fraser and Kenny Kemp Published: Sunday Herald Date: October 31st, 1999 The Bank of Scotland was in a bullish mood last night, as its £22 billion hostile bid for NatWest was looking increasingly likely of winning acceptance from its target’s shareholders. However, fund managers warned that BoS may need to increase its offer […]
By Ian Fraser Sunday Herald October 3rd, 1999 PEOPLE who work in corporate finance – including the small group of mergers and acquisitions specialists at Credit Suisse First Boston who are masterminding Bank of Scotland’s £22 billion hostile bid for NatWest – are accustomed to being free agents. Independence, or at least a perception of […]
By Ian Fraser Sunday Herald October 3rd, 1999 This week the Bank of Scotland will let investors know the details of its NatWest bid. Ian Fraser examines the fine print A DIRTY war has broken out for the heart and soul of British banking following the Bank of Scotland’s £21 billion dawn raid on […]