The auction of Camelot, the National Lottery operator, took a significant step forward last night after it emerged that Royal Mail had bowed to pressure from fellow shareholders to sell its 20 per cent stake in the business.
Source: The Times
Kraft is on Friday expected to release the offer documents for its £9.8bn hostile bid for Cadbury, reiterating the cash and stock terms it proposed last month.
Source: The Financial Times
Tesco is planning scores of new supermarkets across Britain before a proposed clampdown that would restrict its ability to expand.
Source: The Times
The Treasury was formulating secret plans to support HBOS in early 2008 - even as the mortgage giant was preparing to tap its shareholders in a multi-billion pound rights issue.
Source: This Is Money
