Phoenix Venture Holdings cases twice - since then. For accounting purposes, Phoenix Venture Holdings also includes various non-trading subsidiary companies that exist in name only. These businesses include: See MG Rover Phoenix Venture Holdings Phoenix Venture Holdings (PVH), also known as the Phoenix Consortium, was a British company formed by four businessmen (John Towers, Peter Beale, Nick Stephenson and John Edwards). Following BMW's break-up of the Rover Group a financially complex deal involving a £500 million "dowry payment" from BMW, resulted in PVH purchasing the Rover marque in May 2000 for the notional sum of £10, relaunching the car company as MG Rover.
John Stephenson (coachbuilder) creditors 50 cents on the dollar. Undeterred, Stephenson found a new site on West 27th Street, where in 1843 he started to develop a business which eventually covered 16 city lots. Streetcars continued to gain popularity, allowing Stephenson to prosper for the remainder of his life. It was not long before he had fully reimbursed all his creditors and became known as "Honest John Stephenson". From 1852 he put all his efforts into building streetcars of various types as their popularity extended to cities throughout the world including, for example, Port Elizabeth, South Africa, Bombay and Caracas. For many years,