The owner of Slimfast launched a sale of the weight loss brand after hiring advisers to orchestrate an auction. Sky News understands that Glanbia, the Irish company, works with bankers in Houlihan Lokey on a process of leaving its weight management portfolio. Nicknamed Project Lego, a sale would occur more than 45 years after the … Read more
The ministers must hunt for a new chair of the communications regulator while Lord Grade de Yarmouth is preparing to withdraw after a single mandate at the helm. Sky News has learned that the Department of Sciences, Innovation and Technology (DSIT) – which is now leading to monitoring of OFCC in Whitehall – is developing … Read more
Legal & General (L&G), the FTSE-100 Insurance and Asset Management Group, is preparing to launch a search for a successor to President Sir John Kingman. Sky News has learned that the company, which announced this week an important company agreement in the United States, is about to appoint headhunters to supervise the appointment process. City … Read more
Cape Canaveral, Florida. — Blue Origin has canceled the first launch of its massive new rocket early Monday due to technical issues. The 320-foot New Glenn rocket was supposed to lift off before dawn with a prototype satellite from the Cape Canaveral space station in Florida. But launch controllers faced an unspecified rocket “subsystem” problem … Read more
HSBC Holdings, one of Britain’s biggest banks and Europe’s biggest lender by market value, is preparing to launch the hunt for its next chairman. Sky News has learned that HSBC’s board has appointed headhunters to orchestrate the recruitment of the successor to Mark Tucker, who has held the role since 2017. City sources said this … Read more