Thursday Papers: Weighty opposition likely against EDF's bid for BE -- bid news and gossip

Thu May 15, 2008 7:50am BST
 
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* EDF's offer for British Energy likely to face weighty opposition

* Rio Tinto is looking to form partnerships with Chinese steel and construction companies to help develop a £3 billion iron ore mine in West Africa

* Icelandic bank Glitnir has held preliminary talks with potential investors about buying a stake in the bank

* Ukrainian gas exploration and production company Cadogan Petroleum plans to raise £125 million by floating in London

* Consortium, including Dave Whelan, David Ross and Rowland Rudd, declares a 25.1% stake in WH Ireland

* Prime Active Capital buys 15% stake in Media Square

* SABMiller to buy US importation rights for Grolsch

* Virgin Media confirms strategic talks with SK Telecom

* Gaming Ventures raises £131,667 from issue of 4.6 million shares to Hythe

* Go-Ahead's Aviance to close Gatwick handling operations with a loss of 300 jobs

* Newton Investment Management lifts stake in Aberdeen Asset Management to 4.18%

 

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