PRESS DIGEST - Sunday British business - May 26
LONDON May 26 (Reuters) - British newspapers reported the following business stories on Sunday:
The Sunday Times:
FOUNDERS TO GRAB ENRC ON THE CHEAP
Kazakhmys, the largest investor in ENRC, has fallen in behind a 3.3 billion pound ($5 billion) takeover bid for the FTSE 100-listed miner, all but ensuring its success despite protests from independent directors.
VULTURE FUNDS SWOOP ON AILING YELLOW PAGES
Wall Street vulture funds are homing in on a debt-for-equity takeover of Hibu, the struggling owner of Britain's Yellow Pages, according to the Sunday Times.