BGN Entrepreneur » Segro http://bgnentrepreneur.net Business Growth Network Entrepreneurial - Daily Fresh Business News Fri, 25 May 2012 13:30:47 +0000 http://wordpress.org/?v=2.8.4 en hourly 1 A Giant Can Rise from the Rubble of Recession http://bgnentrepreneur.net/a-giant-can-rise-from-the-rubble-of-recession/ http://bgnentrepreneur.net/a-giant-can-rise-from-the-rubble-of-recession/#comments Mon, 29 Jun 2009 15:17:10 +0000 Sky http://bgnentrepreneur.net/?p=5103
  • Property Merger Creating £1.6m Giant
  • Rise in Fuel Debt as Householders Struggle to Keep Warm
  • Steel Giant Adds to Job Woes
    • ]]>     Ian Coull is musing on what could be the defining moment of his career. Segro, the company that Mr Coull has headed ever since 2003, is poised to swallow up Brixton, which is the biggest rival of Segro for years in the industrial property market.
    The deal would have been inconceivable a few months ago, when Segro was struggling with a £2.4 billion debt pile, but after raising £524 million through a rights issue with a hefty 87% discount, the company, which is formerly known as Slough Estates, after the town where it began, was ready to be a predator.

    Related posts:

    1. Property Merger Creating £1.6m Giant
    2. Rise in Fuel Debt as Householders Struggle to Keep Warm
    3. Steel Giant Adds to Job Woes

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