Wednesday, April 24, 2019
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Interserve finance chief quits weeks after rescue deal

Sky News has learnt that Mark Whiteling, who has worked at Interserve for just 18 months, informed colleagues this week that he planned to leave to pursue a portfolio career as a non-executive director

20 Debenhams stores face new year axe under owners’ plans

Sky News has learnt that Debenhams will launch a company voluntary arrangement (CVA) in the next 48 hours that will pave the way for more than 10% of its outlets to close immediately after this year's crucial Christmas trading period

Majestic eyes retail exit in Naked push for growth

Sky News has learnt that Majestic's board has appointed bankers at Rothschild to sound out prospective buyers for its retail and commercial operations, which encompass an estate of about 200 stores

City shake-up goes on with Canaccord boss’s exit

Sky News understands that Alexis de Rosnay is to step down as chief executive of Canaccord‎ Genuity's European operations and global head of its investment bank after nearly a decade at the helm

Crown Estate to name Lendlease’s Labbad as new chief exec

Sky News has learnt that Dan Labbad, who runs Lendlease's European operations, has been identified as the successor to Dame Alison Nimmo, who is due to step down at the end of the year

Bidders try to land Thomas Cook ‎as lenders chart new course

Sky News has learnt that ‎Thomas Cook has been tentatively approached about a takeover of its tour operating unit, and the entire company, by several parties

Terra Firma chief leaves after bust-up with tycoon Hands

Sky News has learnt that Andrew Geczy, who joined the private equity group in 2016, left on Thursday, according to a memo circulated to Terra Firma's investors

Brent Cross-owner faces‎ AGM pay revolt

Sky News has learnt that leading City investors are preparing to vote against Hammerson's remuneration report at its annual meeting on April 30 following its dismal financial performance last year

The Hut Group styles deal for Christophe Robin haircare brand

Sky News has learnt that The Hut Group (THG), which is based in Manchester, will announce this week that it has acquired the business in a deal understood to be worth more than £50m

Mr Kipling target Turrell smells of roses instead

Sky News understands that Giles Turrell will be named in the coming days as group chief executive of Afriflora and Flamingo Horticulture, which supply Britain's biggest supermarket chains

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