Newspaper article The Evening Standard (London, England)


Newspaper article The Evening Standard (London, England)


Article excerpt

* YOU won't read about it on your Bloomberg terminal, but the rumour mill is in overdrive, claiming that billionaire owner Michael Bloomberg is looking to sell the financial news company. Gossip this week was that the New York Mayor had already struck a secret deal to sell to venture capitalist The Carlyle Group. That was wrong, but here's a word of advice: the whispers won't stop until Bloomberg chief executive Peter Grauer stops lunching with private-equity players - especially in restaurants where he gets spotted.

Billionaire buyout kingpin Thomas H Lee, Carlyle founder David Rubenstein and Goldman Sachs top guns are all said to be trying to muscle in on a potential $15 billion ([pounds sterling]8 billion) deal-

* CHELSEA residents thought they had reason to thank Tesco boss Sir Terry Leahy, pictured. The lorries taking supplies to his Royal Hospital Road store blocked the road in rush hour, making it dangerous for other users, so they were gratified to receive his assurance in a personal letter, back in August, that the deliveries would ease.

Alas, nothing has happened - making locals wonder if Leahy's promise wasn't a cynical ploy to pacify them. "The juggernauts are still lined up at 8.45 in the morning, I suppose they think that if they write letters assuring us all, we'll believe them," says one. "Unfortunately the problem is just as bad as it was, if not worse."

* MARK AVERY, a US lawyer and trustee of a trust set up by the widow of a wealthy mining baron, is being accused by his fellow trustees of misappropriating $52 million ([pounds sterling]27.8 million).

Avery used some of the money, reports Forbes, to buy aircraft - eight Czech military jets and two rocket launchers, each able to hold 16 rockets.

* MORE bad news for Wembley. According to Caterer and Hotelkeeper, the muchdelayed stadium's inaugural bash has been cancelled. No, it wasn't a sell-out Robbie Williams gig or an England friendly - the extravaganza in question was to have been Wembley builder Multiplex's Christmas party. …

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