| Unilever to buy VO5, Simple owner Alberto Culver for $3.7bn cash Anglo-Dutch consumer goods giant strengthens portfolio with purchase of hair and skin care brands VO5, TRESemme and Simple. telegraph.co.uk |
HR moves: Aldermore, Wellingborough Homes, Axa The new British bank Aldermore appoints its first HR director. telegraph.co.uk |
Schroders lowers its stake in Wellstream Wellstream's biggest shareholder has sold more than half its stake in the oil services firm, which has rejected a £755m bid approach from GE. telegraph.co.uk |
Virgin Media collects Sky viewers Virgin Media has signed up almost 750,000 of its customers to rival BSkyB's sports channels despite taking a back seat during a bitter advertising battle between Sky and BT. telegraph.co.uk |
Hedge Funds: Grand Master spinning off from Clarium Patrick Wolff, managing director at Clarium Capital, is starting a new hedge-fund firm Jan. 1. PayPal co-founder Peter Thiel is seeding the new business, called Grand Master Capital Management. feeds.marketwatch.com |