Asda takeover: Meet the British supermarket giant’s new private equity owner June 10, 2024 Meet the new private equity owner of supermarket giant Asda after one half of the billionaire Issa brothers sold it his shares.
Burger King UK’s owners court investors ahead of £600m float February 14, 2022 Burger King UK’s private equity owners have begun a charm offensive with investors as they look to build support to float the firm’s UK division in the first half of this year.
Photo-Me posts ‘extremely strong’ results as Covid restrictions ease July 19, 2022 Photobooth operators Photo-Me today vowed to pay its shareholders almost £25m in the form of a special dividend after posting “extremely strong” results for the first half of 2022. The Epsom headquartered firm, that sells a range of photobooths and vending machines, said its balance sheet was bolstered by the reopening of the global economy, [...]
Ex-GSK Haleon lands on London market despite economic turbulence July 18, 2022 Haleon, GlaxoSmithKline’s (GSK) former consumer health division, will list on the London market today as a standalone entity. It is a sign of changing tides on the London Stock Exchange, which for years has heavily relied on oil, mining and financial firms. The new FTSE healthcare heavyweight, which awaits a response on its application to [...]
London Stock Exchange third quarter income climbs as CFO set to retire October 18, 2019 London Stock Exchange today posted robust gains in its third quarter for its first set of results since rejecting a hostile £32bn takeover bid from Hong Kong. Total income climbed 12 per cent year on year to £587m in the three months to the end of September. Read more: Why Hong Kong’s bid for the [...]
Caretech founders gear up for privatisation takeover March 6, 2022 Founders of Caretech Farouq and Haroon Sheikh are gearing up to make an offer, which could see the residential care company delisted from the London market. According to reports from Mark Kleinman for Sky News, the brothers are in financing talks to launch a takeover bid for the firm. The Sheikhs, who are executive chairman [...]
ARM muscles up for bumper IPO with $70bn valuation and 28 rostered banks August 22, 2023 SoftBank Group Corp’s Arm Holdings Ltd reported a 1% fall in annual revenue due to a slowdown in smartphone sales, after the chip designer disclosed the paperwork for an initial public offering (IPO) that is expected to be the largest of the year. Arm’s stock market launch is expected to bring back to life a lackluster IPO [...]
Australian bidder walks away from £650m race to snap up rail giant Go-Ahead July 21, 2022 Australia-based Kelsian confirmed this morning it has pulled out from the race to buy Go-Ahead – weeks after the board picked a rival offer. The business said falling share prices in Australia tied its hands and forced the group to walk away from a potential tie-up. Kelsian is one of Australia’s biggest bus and ferry [...]
Government weighs up plans to float Channel 4 on the stock market April 10, 2022 Culture secretary Nadine Dorries is considering plans to list Channel 4 on the stock market as an alternative to selling it to a rival broadcaster. Officials in the Department for Digital, Culture, Media & Sport (DCMS) are working with JP Morgan on plans to float the TV network in London, after Dorries set out plans [...]
SS&C passes hurdles for Blue Prism takeover as London delisting approaches February 21, 2022 US fintech SS&C has passed all the regulatory hurdles in its £1.24bn takeover of British tech firm Blue Prism this morning The next step is the court hearing on 14 March to ratify the scheme before the last day of trading on 15 March. The shares are set to be delist from the London Stock Exchange [...]