Digital marketing group Mission today rejected a £27 million takeover bid from Brave Bison, a rival which is backed by former Tory Party deputy chairman Lord Ashcroft. Brave Bison is offering 29p a share, a bit higher than the 22.7p at which the shares opened today. Brave Bison is run by the sons of former Carlton TV boss Michael Green.
Asda today became the latest supermarket to enter the London property market after unveiling plans for a huge 1500 home development in Park Royal. The plans, which were put together in partnership with housebuilder Barratt, will feature a series of high-rise tower blocks sat on top of a new 60,000 square foot flagship Asda Superstore and up to 400 car parking spaces. It follows a similar move by John Lewis in 2022, with the retailer submitting plans to build a 24-storey tower on top of its Waitrose shop in Bromley, alongside a nineteen-storey block to provide 353 new homes.
The latest investor updates on stocks that are trending on Monday.
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