MBO bosses dig deep for cash

A willing seller, a ripe opportunity and a strong management team should together prove a great recipe for a successful management buyout (MBO). But all too often money is the missing ingredient.

Insolvency statistics for Q2 2004

Quarterly figures for company and individual insolvencies were published today. The figures show company insolvencies have fallen when compared to the same period last year, however individual insolvencies (bankruptcies) have risen.

Enterprise bid goes unconditional

Enterprise London declared its 107p a share hostile offer for Dynamic Commercial Finance unconditional after winning acceptances and buying more than 78 per cent of the shares.