Arsenal FC takeover battle looms as stake sold - papers

Lady Nina Bracewell-Smith, who owns 15.9% of shares, has called in US brokers Blackstone to sell her shares, the BBC reports. The move could start a bidding war between the two largest shareholders US billionaire Stan Kroenke, who holds 29.98% of the shares, and Alisher Usmanov. Lady Bracewell-Smith's husband Sir Charles said an imminent sale was "unlikely". Read more. THE NUMBER OF UK retailers going to the wall in the wake of the credit crisis has fallen to the lowest number in any quarter for the past four years, the Financial Times reports. Retail administrations were dow...