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Friday Papers: CD&R to buy Univar stake from CVC - bid news and gossip

by Himanshu Singh on Sep 03, 2010 at 03:15

* Rupert Murdoch took a 6% pay cut to $16.8m last year, his smallest pay packet since 2003.

* American International Group has galvanised a record eleven investment banks from around the world to secure the successful float of its Asian arm in choppy market conditions.

The Guardian

* Fast food chain Burger King acquired by 3G Capital, private equity firm, in $24-per-share deal.

* Carluccio's bosses ready to plate up £10m windfall from sale of restaurants.

* Saskatchewan government will not support takeover of PotashCorp by any sovereign wealth fund.

* Electronics retailer DSG awards itself the 'high street world cup' after TV sales rise 40%.

Daily Express

* Dubai-based retail, hospitality outfit and mall manager Landmark Group is taking over Carluccio’s for £90 million.

Daily Mail

* Single women under 30 are earning more than men of the same age in almost all of America’s big cities, a study claimed yesterday.

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