Selling: taking my big decision
Article Abstract:
Peter Lewis's decision to sell Bindermatics Group, where he was chairman, was not a long-held idea but one which arose from a mundane meeting with auditors Grant Thornton. Lewis was comparing Grant Thornton's audit fees with those of his firm's existing auditors when Grant Thornton partner Howard Hackney first put forward the idea of selling what he said was a successful and marketable firm. Grant Thorton corporate finance specialist Amin Amiri was honest about the trauma which would be involved in the process of selling the business.
Publication Name: The Director
Subject: Business, international
ISSN: 0012-3242
Year: 1996
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Taking the risks with the rewards
Article Abstract:
Nat Puri, aged 55, began life as a lorry driver in the Punjab. In 1966, he arrived in England to take a course in building services engineering and eventually formed his own engineering company in 1975. Following a series of acquisitions in the 1980s, he currently controls a group of companies, including Melham Holdings and Melton Medes, active in the UK, the US and Europe, with a total turnover of 300 million pounds sterling. Puri says that the secret of his success is his ability to pick the right people.
Publication Name: The Director
Subject: Business, international
ISSN: 0012-3242
Year: 1996
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Adding value, not taking away
Article Abstract:
Pizza Express has seen very strong growth recently, opening 20 new restaurants and establishing its first outlet abroad, according to chairman Luke Johnson. He devotes a third of his time to Pizza Express, and regards himself as an active investor and catalyst. He believes that the company has been successful because it has taken care to employ people who are friendly and because it has kept prices low. It is also very cautious when choosing sites.
Publication Name: The Director
Subject: Business, international
ISSN: 0012-3242
Year: 1996
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