https://parkfarmneighbourhoodwatch.blogspot.com

Making it happen. Holding officialdom to account. Frank, fearless and free. THE DIGITAL NEIGHBOURHOOD WATCH BLOG. Join our conversation https://parkfarmneighbourhoodwatch.blogspot.com YOU MAY NOW VIEW PETERBOROUGH TRIBUNE OVER A SECURE WEB LINK: https://parkfarmneighbourhoodwatch.blogspot.com PASS IT ON!

PBROtrib PAGEview COUNTER excludes casual browsers scrolling through a selection of posts

Monday, September 21, 2015

IDEAL WORLD, iDEAL SHOPPING DIRECT OF PETERBOROUGH TO BE ACQUIRED BY USA INVESTMENT FIRM BLACKSTONES





Private equity funds managed by Blackstone announce the acquisition of Ideal Shopping Direct (“ISD”), a leading independent multi-channel retailer, from Inflexion. The transaction is expected to close later this year and will subject to usual closing conditions and regulatory approvals. 

Julian Bray writes:  There is a possibility a rival bidder could come forward and that ISD will move operations from Peterborough, as Blackstones Gerry Murphy remarked:  "We look forward to working with Mike and his team to capitalise on growth opportunities in omni-channel retailing in the UK and the US..."

ISD operates live and pre-recorded channels across all the major UK TV platforms; Sky, Freeview, Virgin Media and Freesat as well as multiple internet sites. Its two principal divisions are Create & Craft and Ideal World.


ISD delivers a dynamic shopping experience selling specialty craft products to dedicated crafting hobbyists as well as home, leisure, health, beauty and fashion products. Create & Craft is the only dedicated channel to sell specialist craft products and operates 15 hours a day. 

Headquartered in Peterborough in the UK and with a growing operation in the US, the company has over 800 employees and, through its TV networks, reaches over 26 million homes.

The experienced management team will continue to be led by Mike Hancox, Chief Executive since 2008.

Gerry Murphy, a Senior Managing Director at Blackstone and former CEO of both Kingfisher and Carlton Communications (ITV), will become Chairman. 

The transaction is expected to close later this year and is subject to usual closing conditions and regulatory approvals.

Gerry Murphy, Senior Managing Director at Blackstone, said: "ISD has succeeded by delivering a varied and exciting range of exclusive products and a great shopping experience to its loyal home shoppers through its websites and mobile platforms. We look forward to working with Mike and his team to capitalise on growth opportunities in omni-channel retailing in the UK and the US."

Mike Hancox, Chief Executive Officer, ISD added: “We see our future collaboration with Blackstone as a new development opportunity for ISD, from both a geographical and operational stand point. ISD will benefit from Blackstone’s international experience and expertise and from new investment as we enter this next phase of growth."

Duff & Phelps acted as advisors to Blackstone.

About Blackstone

Blackstone is one of the world’s leading investment firms. Who seek to create positive economic impact and long-term value for theur investors, the companies in which they invest, and the communities in which they work. . Further information is available at www.blackstone.com. Follow on them Twitter @Blackstone.






E&OE google.com/+JulianBray Tel:+44 (0) 1733 345581 ISDN COOBE LINK: +44 (0) 1733 345020 IPHONE 0743 303 145 http://feeds.feedburner.com/BraysDuckhouseBlog > PETERBOROUGH TRIB NEWSREEL .
Post a Comment

P'BORO TRIB. SEARCH ENGINE

LONDON EVENING STANDARD NEWSREEL

google83466ac7cb7103b1.html]

JULIAN BRAY AVIATION SECURITY NEWS 01733 345581 UK ISDN 01733 345020


UPDATES: Post are transmitted from a variety of remote sources, immediately published on servers in the USA, additions, updates and any corrections added later on the blog version only.


Editorial policy: WE DON'T CENSOR NEWS, we will however come down hard on lawbreakers, all forms of ASB - Anti Social Behaviour, and anyone or group who seek to disturb or disrupt our neighbourhoods and communities, or in anyway abuse, take unfair advantage or financially disadvantage our citizens. We support the Park Farm Neighbourhood Watch and digitally carry the messages from this independent Neighbourhood Watch Scheme.


We are openly but constructively critical of all political parties (actual and sham), pressure groups, overbearing 'jobsworths' and those who seek to waste public funds, abuse public office, ramp up expenses, BUY VOTES and/or engage in any form of directed or robotic voting.

Whilst accepting that many in Public Office perform a valuable service and make a worthwhile contribution, there are others who are frankly rubbish. Although Julian Bray is the editor, there are several Blog administrators / correspondents who actively contribute by remote transmission to this blog.

So it could be some days before the copy (content) is seen by the Editor and properly formatted. We consider all representations and correct any facts that are clearly deficient.




OUR HUMAN RIGHT TO LAMPOON AND CRITICISE POLITICIANS

THE HIGH COURT has ruled....People have a right to lampoon and criticise politicians and public officials under the Human Rights Act, the High Court has ruled.

We have the full High Court judgment, saved as a page on here. l

ampoon (lampoon) Pronunciation: /lamˈpuːn/ verb [with object] publicly criticize (someone or something) by using ridicule, irony, or sarcasm: the actor was lampooned by the press noun a speech or text lampooning someone or something: the magazine fired at God, Royalty, and politicians, using cartoons and lampoons.

Derivatives: lampooner noun lampoonery noun lampoonist noun Origin: mid 17th century: from French lampon, said to be from lampons 'let us drink' (used as a refrain), from lamper 'gulp down', nasalized form of laper 'to lap (liquid).

NUJ CODE OF CONDUCT

NUJ Code of Conduct

The NUJ's Code of Conduct has set out the main principles of British and Irish journalism since 1936.

The code is part of the rules and all journalists joining the union must sign that they will strive to adhere to the it.


Members of the National Union of Journalists are expected to abide by the following professional principles:

A journalist:

1 At all times upholds and defends the principle of media freedom, the right of freedom of expression and the right of the public to be informed

2 Strives to ensure that information disseminated is honestly conveyed, accurate and fair

3 Does her/his utmost to correct harmful inaccuracies

4 Differentiates between fact and opinion

5 Obtains material by honest, straightforward and open means, with the exception of investigations that are both overwhelmingly in the public interest and which involve evidence that cannot be obtained by straightforward means

6 Does nothing to intrude into anybody's private life, grief or distress unless justified by overriding consideration of the public interest

7 Protects the identity of sources who supply information in confidence and material gathered in the course of her/his work

8 Resists threats or any other inducements to influence, distort or suppress information and takes no unfair personal advantage of information gained in the course of her/his duties before the information is public knowledge

9 Produces no material likely to lead to hatred or discrimination on the grounds of a person's age, gender, race, colour, creed, legal status, disability, marital status, or sexual orientation

10 Does not by way of statement, voice or appearance endorse by advertisement any commercial product or service save for the promotion of her/his own work or of the medium by which she/he is employed

11 A journalist shall normally seek the consent of an appropriate adult when interviewing or photographing a child for a story about her/his welfare

12 Avoids plagiarism The NUJ believes a journalist has the right to refuse an assignment or be identified as the author of editorial that would break the letter or spirit of the code.

The NUJ will fully support any journalist disciplined for asserting her/his right to act according to the code

The NUJ logo is always a link to the home page.

(As modified at Delegate Meeting 2011)