At a dinner at the Connaught hotel in early 1985, Christopher Reeve...
Citations (1)
- The House of Morgan - An American Banking Dynasty and the whole source · open book
At a dinner at the Connaught hotel in early 1985, Christopher Reeves advised Saunders to expand aggressively, lest Guinness itself be a takeover target. In June 1985, advised by Tony Richmond-Watson of Morgan Grenfell, Saunders launched a £330-million hostile bid for the Scotch whisky and hotel company, Arthur Bell and Sons. Bell’s chairman, Raymond Miquel, was flabbergasted, because Morgan Grenfell had represented his firm for twenty years, assisting in its purchase of the Gleneagles Hotel Group and even handling its public offering in 1971.
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