1. Going, going…..?
So, BT investor Patrick Drahi's latest move? He's planning to auction off shares in Sotheby's as part of an IPO.
2. Daily Mail bid could go either way on the deciding day
‘Succession’ this is not. It’s been more like watching Dr Pimple Popper dealing with a recalcitrant blackhead. Jordan Brodie previews the final squeeze as Jonathan Rothermere bids for ownership of the divisive mid-market newspaper founded by his great grandad.
3, Total wipe-out for Cineworld?
That’s the threat after a Canadian legal action went against the UK cinema chain. Oli Haill has his eye on this one along with the prospects for the latest blockbuster from the DC Comics stable, Spider-Man: No Way Home. Is there a message there for Cineworld investors?
4. No Santa rally for the Footsie
It was a calmer day, but yet another down day for the FTSE 100. With the nation’s advent calendars now half scoffed, there’s little or no room for a Santa rally. The index ended nearly 48 points lower, or 0.66%, at 7,170.75.
5. LADbible founders bank £53mln
Who’d have thunk there was cash to be made from a website that brings you such delicacies as the north-south food challenge, or the confessions of a serial killer inspired by the film Scream. But there is – a cool £400mln. That’s the market value of the entertainment (?) and news site which floated on Wednesday. Its two founders are walking away with a good wedge of that.
And another thing...…
Watch Christine Corrado interview Stephen Barnhill of Apollon Formularies, which is developing a refined cannabis oil that will be used in research for medicinal treatments for diseases such as cancer.
