Sir Richard Branson is in talks with private equity firms over sale of Virgin Active the health and fitness chain. Photograph: Peter Schneider/EPA Sir Richard Branson’s Virgin Active is in early discussions with a handful of private equity groups over a possible £1bn sale of the health and fitness chain. The UK’s second-biggest gym operator, [...]

Sir Richard Branson is in talks with private equity firms over sale of Virgin Active the health and fitness chain. Photograph: Peter Schneider/EPA Sir Richard Branson’s Virgin Active is in early discussions with a handful of private equity groups over a possible £1bn sale of the health and fitness chain. The UK’s second-biggest gym operator, [...]

Principle Capital chair Brian Myerson has received a three-year ‘cold-shoulder’ order, the Takeover Panel’s harshest penalty for a breach of its code. Photograph: Rebecca Reid /eyevine Colourful City tycoon Brian Myerson and two of his associates have received three-year “cold-shoulder” penalties from the Takeover Panel – the harshest sanction, issued only once before – for [...]