Hugh Osmond’s Capital Management and Investment vehicle has confirmed it is considering a bid for Six Continents (6C), sparking speculation about a Safeway-style bidding bonanza.
Osmond’s talks with Marriott, Starwood and Hilton about partnering a bid are thought to have hit the dust.
But he could still have other secret buyers for parts of 6C waiting in the wings. The Times lists all the potential bidders for the different parts of the company.
6C said it would press ahead with its planned demerger of its pubs and hotels regardless.
References: Financial Times 20/02/03 page 28 (Lex), page 20, page 40 (Markets – London), The Guardian 20/02/03 page 25, page 28 (Market forces), The Times 20/02/03 page 23, page 24 (Commentary & Need to know), pa
