A toxic take over

Word reaches me from within the Sevco High Command that Mr David Cunningham King has struck out in the Square Mile.

I followed this up with a call to Rugger Guy, and his City mates confirmed that the South African-based entrepreneur had been on the finance trail.

He had no success in acquiring the finance for the Take Over Panel imposed share offer.

Moreover, he also had no luck in getting a financial advisor to take him on.

Rugger Guy said that his information was that Mr King has gone through all layers of such organisations.

If I can make a helpful suggestion perhaps those nice chaps at Campbell Dallas might help.

You never know Dave might have already tried that.

Of course, that’s mere speculation on my part.

My information is that the toxicity of the Take Over Panel ruling has even reached South Africa and is now impacting on Dave’s boardroom position there.

Apparently, one of Mr King’s companies does business with Lloyds bank in the UK.

This “Could Shouldering” thing could all prove to be very unfortunate.

There are times when I think that perhaps this entire Off Licence Putsch thing wasn’t fully thought through…

14 thoughts on “A toxic take over”

  1. Mr King strikes out. Not that it is surprising, but it places in the mind the image of a solitary figure becoming increasingly forlorn as he moves from one refusal to the next. One would expect a businessman of such stature to have a retinue of advisors and assistants to negotiate on his behalf, but not Big Dave. Everything is hands on, nobody else is involved. It has been ever thus, whether with his banks, his other businesses, his altercation with SARS and in all his time with Sevco, he has operated as a one man band. Why is he so distrustful of external advice and assistance. It is beginning to look like severe paranoia, or perhaps some absurd superiority complex. Or maybe he is just Scots.

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  2. You do have ways with words !

    and I agree, the “Putsch thing wasn’t fully thought through…..”

    Methinks dodgy dave is shagged.

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  3. King is well used to the cold shoulder as it is – as a career criminal nobody with half an inch of brain would extend him any form of credit – but he can look forward to making this official when he fails to adhere to the takeover panel this month. The mythical wanes inheritance will not be making any appearance from Guernsey trusts to cover the costs as Sevco teeter on the brink of insolvency. King is the man who voted against the Rangers CVA lest we forget, consigning that club to death. King is in Sevco for King, not Sevco. Real Rainjurs man Dave.

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  4. Quickquid, Wonga, Amigo.
    No not another latin phrase which the Klan appear to love so much.
    Just a suggestion to Mr King.

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    • Dodgy Dave wouldn’t even deploy the couple of rand found down in his dignified, world class sofa. The tributeers have been duped again and it’s fecking great to see how it’s all unfolding. On a personal level, I hope the swiveller stays at the PeepulDome for many years to come, Clumps.

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