City whizzkid Andrew Regan has turned to Lowe Bell Communications
for PR advice on his, as yet unconfirmed, bid for the Co-operative
The firm was brought in four weeks ago by merchant bank Hambros but the
appointment has been kept under wraps.
Hambros advises both Regan’s Lanica Trust investment group and Galileo,
the special investment vehicle set up to handle the proposed pounds 500
million bid for part of the Co-op’s non-food businesses.
Lowe Bell chairman Sir Tim Bell, managing director Stephen Sherbourne
and John Antcliffe, a director of Lowe Bell Financial, are thought to be
working on the account.
They join a growing team of PR advisers to Galileo including former
Daily Telegraph City diarist Damien McCrystal and David Bick of
The deal has been dogged by leaks and an often hostile press. Regan has
yet to confirm the bid or put a firm proposal to the CWS board.