Business Services Industry
British Advisor Has Stayed with Safeway since 1978.
Knight Ridder/Tribune Business News, January, 2003
Daily Mail, London Knight Ridder/Tribune Business News
Jan. 11--There aren't many cradle-to-grave advisers left in the City. Rupert Faure Walker, of HSBC, has advised Safeway since 1978 -- when it was a UKpound 500,000 Manchester meat processor called Louis C Edwards.
David Webster and the late Alistair Grant and James Gulliver turned it into takeover vehicle Argyll.
Faure Walker says: "Shares were the equivalent of 1.5 pence. From 1978 to the mid-1990s it was a phenomenal success."
Argyll milestones included losing against Guinness for control of Distillers and acquiring Safeway stores from buy-out group KKR. The bankers, then called Samuel Montagu, were left holding the bag in 1982 when the Falklands War interrupted an...
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