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Monday Papers: Cairn Energy lands £300 million deal -- bid news and gossip

by Phil Cozens on Mar 31, 2008 at 06:57

Cairn Energy lands £300 million deal and mystery investor snaps up near-8% stake in Moss Bros.

 * Cairn Energy has landed a £300 million deal in India in a move that could lead to renewed takeover speculation -- Telegraph

 * A mystery investor has snapped up a 7.9% stake in Moss Bros -- Telegraph

 * The prospect of Mitchells & Butlers receiving a capital injection increased over the weekend after several private equity groups expressed interest

 * Deutsche Borse and Clearstream set to separate

 * Bank of America considering scrapping the sale of its equities prime brokerage business after lukewarm interest from potential bidders

 * BATS Trading, the upstart trading facility that has shaken up the US, will today unveil plans to expand into Europe

 * Former Priory Group chief executive Chai Patel has sold the bulk of his remaining 16% stake

 * MOD hands over Royal Navy project to BAE Systems to bypass tax

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