Amicorp’s fund services arm will float in London and eyes £100m valuation in boost to the City June 5, 2023 Amicorp’s fund services arm will float on the London Stock Exchange this week with plans to raise $6.47m (£5.21m) in new ordinary shares and scale up its IT operations. The Hong Kong-based global management services group said the official price of the IPO will be revealed following a book building process – with the group [...]
FCA shakes up prospectus regime in bid to revive beleaguered capital markets July 26, 2024 The Financial Conduct Authority (FCA) has laid out a shake-up of the UK’s prospectus regime today as part of a sweeping package of reforms designed to boost the country’s capital markets.
Mars to snap up listed Hotel Chocolat in half a billion pound plus deal November 16, 2023 Hotel Chocolat is to go private under the Mars umbrella
Victorian Plumbing’s billionaire boss is handed millions more by his mother March 15, 2024 The billionaire founder and chief executive of Victorian Plumbing has been handed millions of shares in his own company by his mother.
Nick Train: ‘Little sign of respite’ as Diageo and investment manager drag on value December 5, 2023 City stockpicker Nick Train warned there was “little sign of respite” today as his London-listed investment trust reported another slump in the value of its portfolio.
City deals slump to post financial crisis low – but a wave of takeovers may be coming December 28, 2023 Dealmaking in the City cratered to its lowest level since the financial crisis this year as rising interest rates and economic jitters shook the market and dampened the appetite for deals.
Bargain hunt: How many firms were plucked from London’s markets last year? January 5, 2024 London lost a wave of firms from the public markets this year - and there could be more to come.
Leave London if UK markets are ‘unwilling or unable’ to engage, hedge fund tells Wood Group April 16, 2024 In the letter, which City A.M. has also seen, Sparta said it has been a shareholder in Wood since "early 2022," and during that time, the fund has been "frustrated by the continued underperformance of the shares."
Hydrogen specialist UHL plans £250m UK spend – but it won’t list in London September 5, 2023 The world's largest hydrogen conglomerate plans to invest £250m in the UK over the next 12 months, City A.M. has learned.
UK now second most targeted country for mergers and acquisitions March 28, 2024 The UK is now the second most targeted nation for mergers and acquisitions globally, behind only the US, as deals in the country have surged to $76.1bn (£60.2bn) so far in 2024. UK mergers and acquisitions have been 88 per cent higher than this time last year but are still below the values in the [...]