SABMiller turns hostile in bid for Foster’s.
The London-based brewer said on Wednesday it is taking its £6bn offer for the Australian beer and wine producer directly to its shareholders. The move comes two months after SAB made its initial approach, which was promptly rejected by the Foster’s board.
MediaCo, the Manchester-based outdoor media owner, has appointed Taxi Media commercial director and former Kinetic regional managing director Richard Blackburn as its first commercial director.
CBS Outdoor has appointed group account director Neil Pummell to the new position of head of product revenue, as part of wider changes in its client, retail and trading teams.
Samsung has appointed former Vodafone marketer Andrew Garrihy as its marketing director for the UK and Ireland.
Microsoft has parted company with one its top marketing executives, Alex Payne, who is taking on the role of chief marketing office at PokerStars, the online poker company.
Steve Easterbrook, president of McDonald’s in Europe, has quit the company to become chief executive of Pizza Express.
JEFFERIES GROUP INC
The company appointed Biren Amin as a managing director and senior equity research analyst covering biotechnology companies. He joins from WJB Capital Group, where he was an equity research analyst.
LAZARD LTD
The financial advisory and asset management firm said it has hired James Spencer as a managing director in the financial institutions group advisory, effective immediately. Based in New York, Spencer joins from UBS where he was a managing director and head of US banks in its investment banking division’s financial institutions group.
BARCLAYS WEALTH
The wealth management division of Barclays named Anne Luke as managing director, head of client solutions, Asia. Luke will be based in Singapore.
BARING ASSET MANAGEMENT
The international investment management firm named Ajay Argal as head of Indian equities. He will be based in Hong Kong when he joins the firm in September. Argal joins from Birla Sunlife AMC.
SKAGEN FUNDS
The fund management company appointed Alain Moyeuvre as UK Compliance Officer. Alain joins from Aviva Investors where he held the position of Senior Compliance Manager.
RENAISSANCE CAPITAL
The investment bank appointed Yvonne Ike Chief Executive, West Africa, based in Lagos. Ike succeeds Rotimi Oyekanmi, who has been appointed chairman emeritus, Renaissance Group, West Africa.
