Still, getting past Tchenguiz was never going to be straightforward. The man who bought and sold Odeon cinemas and now owns Somerfield is one of the City's shrewdest operators, and he certainly knows how to get the most out of a deal. Delta Two should of course have realised that - its chief exec Paul Taylor used to run Tchenguiz's Rotch Property vehicle.
Having worked closely with him, Taylor will be aware of Tchenguiz's habit of offloading the interests he picks up, and is unlikely to be deterred. But he'll also know not to expect a soft bargain.
To read a rare interview with Tchenguiz, click here.