City sitdown: Private equity should learn to be more emotional, argues City grandee October 5, 2022 Whether you like it or not, private equity is a significant part of the UK economy and accounts for almost 50 percent of all deal value, double the level from just five years ago, according to a recent deal analysis from PwC. Its fingerprint has been all over household names including Asda, the AA, Morrisons and [...]
Acquisitions of UK and Irish SMEs climb nearly 60 per cent September 2, 2021 Interest in acquiring UK and Irish SMEs peaked in the first half of this year as buyout firms and large companies seek to capitalise on undervalued high-growth businesses, according to research released today. Data from Dealsuite shows the number of small and medium businesses with revenue between £1m and £200m sold in the UK and [...]
World will ‘never forgive’ leaders for not making hard choices to save planet, says Lord Deben October 25, 2021 The world will “never forgive” leaders for not making the hard choices needed to save the planet from the climate crisis at COP26, chairman of the UK’s Climate Change Committee has said. “We know that we face total destruction and we know how to prevent it, isn’t that a wonderful challenge,” Lord Deben, also known [...]
Number of retail M&A deals soars as buyers eye economic recovery October 25, 2021 The number of M&A deals targeting UK retailers has swelled 28 per cent to 37 in the past year, new analysis has found. City law firm RPC found that the number of deals rose from 29 in the previous year while the Morrisons and Asda deals saw deal value skyrocket. Value has soared more than [...]
The 30 rising dealmaking stars – but only one of them is a woman October 11, 2022 A NEW ranking of London’s ‘rising star’ public market dealmakers includes only one women in its list of the capital’s top 30 youngsters. The list, compiled by financial intelligence firm MergerLinks, is based on the size of deals and their perceived financial complexity. Goldman Sachs’ Cara Pazdon is the only woman on the list. The City has [...]
Fuelling the fire: Independent retailers ignite petrol price war to attract motorists July 21, 2022 Petrol retailers have kickstarted a price war, with independent vendors slashing costs at the pumps to lure in motorists as the cost of living crisis deepens.
Fearless Hewitson can Fire Let’s Do It to a first victory April 12, 2022 JOCKEY Lyle Hewitson can continue his run of good fortune when the former three-time South African champion partners bottom-weight LET’S DO IT in the Canal Handicap (2.45pm) over the extended mile at Happy Valley today. Hewitson, who has ridden winners at Happy Valley and Sha Tin in the past week, has found it tough going since returning [...]
Can online favourite Ocado make a comeback, or will its share price sink lower? March 28, 2023 Ocado’s share price fell nearly six per cent in afternoon trade as the “magic” of the online retailer’s venture with Marks and Spencer did little to buoy the confidence of investors In its start of year trading update Ocado revealed that retail revenue grew slightly by 3.4 per cent, although a 7.5 per cent decrease [...]
Six Nations stakeholder CVC hires Goldman to plot £11bn IPO December 5, 2021 London-based private equity giant CVC Capital Partners is reportedly working with Goldman Sachs to prepare to follow in Bridgepoint’s footsteps with a blockbuster stock market listing. CVC, which boasts Six Nations rugby and RAC among its portfolio, is working with the bank on a potential float that could value it at up to £11bn, the [...]
Want to really be Australian-style? Time to move our elections to a Saturday May 23, 2022 Australian elections are always held on a Saturday, meaning more people can get to the ballot booth