Phoenix Venture Holdings 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. MG Rover and related companies placed themselves in administration on 8 April 2005. Four years later and after spending £16m the Government finally released the report investigating the
John Atlantic Stephenson John Atlantic Stephenson John Atlantic Stephenson (born 18 June 1829) was a Tyneside businessman and poet and amateur artist in the latter half of the 19th century. He was best known for his recitations. Stephenson was born on Waterloo Day, 18 June 1829 in mid-Atlantic. He started work at Sowerby’s Glass Works, manufacturesr of fine decorative glass items, at Gateshead and later moved on to a responsible post as representative for John Rogerson and Co. (who it is believed were brokers and shipping agents) He was a founder member of the Bewick Club and held the post of honorary treasurer