Shareholders of the Canadian company will meet on 31 March to discuss Lord Black’s buyout proposal, with the Hollinger Inc board expected to broadly support the move.
Lord Black quit as chairman and chief executive in November following the bid announcement but was forced out of a similar position at Hollinger International, which once owned the Telegraph a year earlier after being accused of looting funds, which he denies.
The Financial Reporting Council has issued guidance regarding the annual reporting of 1,200 large and smaller listed companies. The letter highlighted the key issues and improvements that can be made in the 2016 reporting season
Baldwins Accountancy Group has continued investment in the north-east and appointed David Fish as a director in its corporate finance team
UK M&A activity bounced back strongly in July and August, according to analysis by the deals practice at PwC.
Smith & Williamson has added Jim Clark and Philip Marsden, of Marsden Clark Corporate Finance Limited, to its corporate finance team.