Business Services Industry
Daily Mail, London, Business Briefs.
Knight Ridder/Tribune Business News, May, 2004
Daily Mail, London Knight Ridder/Tribune Business News
May 14--CALIFORNIAN value investor Brandes continues to build up big strategic stakes in some of Britain's best-known companies. It is one of three value investors that own 20 percent of Abbey National between them. Brandes itself has 12.7 percent of Marks & Spencer and 5 percent of J Sainsbury.
Despite the importance of these stakes, especially in a bid or a governance crisis, Brandes shrouds itself in secrecy. The boards of all three companies and the majority of shareholders would benefit from more understanding of the Brandes game plan.
SPECULATION is growing that Lord Black's media empire Hollinger International will be broken up rather than sold. Reports say the company is...
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