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Business News for 21 July 2008

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THE owner of Birds Eye frozen foods was reported yesterday to be eyeing rival Findus for a possible takeover.

Jul 21 2008

Private equity firm Per-mira is among several parties that has approach-ed CapVest, which owns Findus’s parent company, the Foodvest Group....

THERE was speculation last night that British Airways will cut routes by nearly 5% to help combat soaring fuel bills.

Jul 21 2008

The axe will fall on dozens of the carrier’s short-haul routes in Europe this winter, a Sunday newspaper reported, as bosses battle to slash costs....

SUNDAY TELEGRAPH

Jul 21 2008

SHARES in Clapham House were boosted last week after it sold its restaurant chain, Bombay Bicycle Club, for £4.4m....

Cooker company’s customer care boost

Jul 21 2008

PRESCOT cooker giant Glen Dimplex Home Appliances (GDHA) is planning to expand its customer care operation and increase its exports as it bids to cope with the tough economic climate....

BANKING giant HBOS is to reveal that as few as 10% of shareholders took part in its £4bn rights issue.

Jul 21 2008

The low take-up would represent one of the City’s most disastrous fund-raising exercises, a Sunday newspaper said, potentially saddling its underwriters with around £3.6bn-worth of shares....

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