Providence Equity mulls £800m Phones 4U sale

first_img whatsapp More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgNative American Tribe Gets Back Sacred Island Taken 160 Years KCS-content Show Comments ▼ Sunday 12 September 2010 10:46 pm Share whatsapp Providence Equity mulls £800m Phones 4U sale Tags: NULL PHONES 4 U, the high street mobile phone retailer, could be sold for up to £800m after its private equity owner received a series of approaches from potential buyers.American buyout giant Providence Equity is understood to be reviewing options for the company, which it bought from founder John Caudwell in 2006. Trade rivals keen to expand their presence are thought to be the likeliest interested parties as Phones 4 U operates 476 stores across the UK. Dixons is a possible suitor.A sale would result in a second windfall for Caudwell. He kept a small stake in the business after raking in £1.5bn from selling his empire four years ago, which included other operations such as distributor 20:20.Analysts estimate the business to be currently worth between £700 and £800m.The group began in 1987 when Caudwell bought 26 phones from the US for more than £1,000 each and sold them on in the UK.At the start it took him eight months to sell all of the phones, but by the time he sold Phones4U it was selling 26 mobiles a minute. last_img read more

Turnstar Holdings Limited ( HY2015 Interim Report

first_imgTurnstar Holdings Limited ( listed on the Botswana Stock Exchange under the Investment sector has released it’s 2015 interim results for the half year.For more information about Turnstar Holdings Limited ( reports, abridged reports, interim earnings results and earnings presentations, visit the Turnstar Holdings Limited ( company page on AfricanFinancials.Document: Turnstar Holdings Limited (  2015 interim results for the half year.Company ProfileTurnstar Holdings Limited is a property investment company operating in Botswana and Tanzania. The company mainly invests in retail property, with some investment in commercial, residential and industrial properties. Turnstar Holdings Limited has maximised its property performance through proactive asset management, property management and leasing. Its diversified property portfolio includes prime retail destinations in Botswana: Game City Shopping Centre, one of the largest and busiest in Gaborone; Nzano Shopping Centre in Francistown; Supa Save Mall in Gaborone; and Mlimani Shopping Centre, a major retail destination in Dar Es Salaam. Turnstar Holdings Limited acquired its first office in Dubai in 2017, located in a prime real estate area between Al-Basari and Dubai Legends.last_img read more