Latest news with #consortium
BBC News
2 days ago
- Business
- BBC News
Appeal for skilled volunteers to keep St Austell Repair Cafe open
A community repair hub has made a plea for more volunteers after it had to suspend its opening times due to staffing St Austell Repair Cafe, which is part of a 26-strong consortium across Cornwall, said it was on hiatus until September because it was unable to "promote and run the Repair Cafe effectively."The St Austell branch was set up in 2021 by Peter Blenard to help people with repairs or advice in the local Blenard said the decision to pause the cafe was "sad because I think people are really tapping into this space where they can bring their items and get them fixed". 'Bringing people together' Mr Blenard said: "We've got the people coming in but sadly we don't have the volunteers and we know there are people out there with skills we can use. "You don't need to be absolutely amazing at something - I would always refer to myself as a jack of all trades but a master of absolutely nothing."Even the smallest skills you think you have, can be helpful to so many."Mr Blenard said the repair cafe was looking for more electrical repairers, more mechanical repairers, more people with soldering skills and more sewing skills."It's not just about fixing stuff, although that has such a positive impact, this is about bringing people together as well," he added."It's about sharing your skills and getting to know each other." 'All sorts of roles' The chairman said vacuum cleaners were "usually an absolutely huge" item brought in for fixing, alongside watches, lamps and Blenard said he would "love five or six volunteers willing to give a couple of hours a month" to help get the repair cafe up and running again."We want people to feel comfortable and that it's not a huge daunting prospect but something that can help your local community and also help people in need who haven't got the money to buy something new.""It's not just about fixing things. We need people to provide the tea and coffee, triage the things that come in and point people in the right direction. There's all sorts of roles at a repair cafe," he St Austell Repair Cafe will be running a volunteer introduction morning at 10:00 BST on 9 August in the Light & Life Centre.
Reuters
4 days ago
- Business
- Reuters
Australia's Santos receives takeover offer from ADNOC valuing firm at $18.7 billion
June 16 (Reuters) - Australian oil and gas producer Santos ( opens new tab said on Monday it received a non-binding proposal from a consortium led by ADNOC subsidiary XRG P.J.S.C. and others, valuing the firm at $18.72 billion. Santos said the proposal follows two confidential, non-binding and indicative proposal from the same consortium to acquire the firm on March 21 and March 28. The proposal provides a cash offer price of $5.76 per Santos share. "The Santos Board confirms that, subject to reaching agreement on acceptable terms of a binding scheme implementation agreement, it intends to unanimously recommend that Santos Shareholders vote in favour of the potential transaction, in the absence of a superior proposal," it added.
Reuters
6 days ago
- Business
- Reuters
Chinese firms in talks to join group to buy Li Ka-shing's ports, Bloomberg News reports
June 12 (Reuters) - Chinese ports operator China Cosco Shipping Corporation is among the firms in talks to participate in a global consortium seeking to buy 43 ports from billionaire Li Ka-shing-owned CK Hutchison ( opens new tab, Bloomberg News reported on Thursday. CK Hutchison said last month that Mediterranean Shipping Company, run by the family of Italian billionaire Gianluigi Aponte, was the main investor in a group seeking the portfolio of ports, which includes two near the Panama Canal, for $22.8 billion. Negotiation for the deal that covers 43 ports in 23 countries is on an exclusive basis between CK Hutchison and the consortium for 145 days until July 27. Adding Chinese investors to the consortium emerged as one of the options after high-level talks in Switzerland last month between Chinese and U.S. officials, the Bloomberg report said. China Cosco Shipping Corp is among the state-backed companies in talks with the consortium run by the Aponte family, the report said. CK Hutchison and China Cosco Shipping didn't immediately respond to Reuters requests for comment. Reuters could not immediately verify the report. The deal has been through weeks of global scrutiny and criticism in China and the U.S. over CK Hutchison's plan to sell the ports to a consortium, previously led by U.S. investment firm BlackRock (BLK.N), opens new tab. BlackRock remains part of the group.
Bloomberg
12-06-2025
- Business
- Bloomberg
Leonardo Faces Pressure to Boost Bid for Iveco Defense Unit
A consortium backed by Italy's Leonardo SpA is facing pressure to raise its offer for Iveco Group NV 's defense unit after being outbid by European rivals, people with knowledge of the matter said. Leonardo — the only Italian suitor in the process — made the lowest offer in the first round of bidding, the people said, asking not to be identified because the information is private. As a result, the company is coming under increased political pressure to improve its proposal to ensure the business remains in local hands, according to the people.
Bloomberg
03-06-2025
- Business
- Bloomberg
Pandox, Eiendomsspar Bid €1.3 Billion for Dalata Hotel Group
A consortium including Pandox AB and Eiendomsspar AS has submitted a non-binding bid to buy Dublin-based Dalata Hotel Group Plc for €6.05 a share. The bid values the company at €1.3 billion ($1.5 billion) and represents a 27.1% premium to Dalata's share price before it announced a sale process in March, according to a statement Tuesday. Eiendomsspar already owns about 8.8% of Dalata's shares.
