Sunday Papers: Joel Cadbury in £4m pub buy-out - bid news and gossip

The Sunday Telegraph

* Longshot Ltd, the company that Joel Cadbury runs with long-term business partner Ollie Vigors, has bought the Bel and The Dragon chain of four pubs for around £4m from Orchid Group.

* Nathan Kirsh, the billionaire rebel shareholder battling for control of property developer Minerva, would consider splitting the company in two and turning one half into a real-estate investment trust.

* Channel 4 is close to offering Jay Hunt, the controller of BBC One, its top commissioning role as chief creative officer.

* Heritage targets Iraq after Uganda pull-out.

* JP Morgan is on the verge of appointing Mike O'Brien, the former head of BlackRock's European arm, to run its global institutions franchise from London in sign of commitment to City.

* DSG is this week expected to say that UK sales in its first quarter rose by around 3.5% on a like-for-like basis, driven by strong sales of Apple's iPad and flat screen televisions for the World Cup.

* Clas Ohlson, Sweden's third-largest retailer after Ikea and clothing chain H&M, is planning to open up to 200 stores in Britain, creating about 7,000 jobs.

* The merger of giant US carriers United and Continental moved a step closer after the US Justice Department gave the deal clearance for takeoff.

The Independent on Sunday

* Malaysia's Employees Provident Fund, a $112bn sovereign wealth fund, has launched a £1bn property spending spree as Far East money streams into the UK.

* Anglo American has put the $1bn international assets of Scaw Metals up for sale.