Superdry avoids insolvency after shareholders approve £10m lifeline June 14, 2024 Superdry has avoided insolvency after shareholders voted to approve a £10m lifeline today.
Keywords Studios: EQT closes in on £2bn takeover June 14, 2024 Videogame developer Keywords Studios has extended a deadline for its takeover by EQT today as the private equity giant puts the final touches to a deal worth more than £2bn.
Hipgnosis share price rockets after £376m Round Hill Music takeover September 8, 2023 Shares in Hipgnosis Songs Fund jumped as much as 16.5 per cent on Friday morning following the news that rival music royalty firm Round Hill Music (RHM) is set to be rescued by a multi million dollar buyout. Los Angeles based Alchemy Copyrights has offered to buy US company RHM for $469m (£376m), causing its [...]
New investment trust plots £100m IPO in boost for London April 11, 2023 A new investment trust has revealed plans for a £100m float on the London Stock Exchange today in a boost to the capital’s markets after a barren start to the year. Ashoka WhiteOak Emerging Markets Trust announced this morning that it would list a new investment vehicle that to back quoted firms that provide exposure [...]
Scandal-stricken Wandisco confirms rebrand as bosses eye fresh start October 4, 2023 Embattled data firm Wandisco has confirmed it will rebrand as Cirata today as it looks to move on from a major fraud scandal that saw it write off over $100m in bookings earlier this year.
Ministers ditch City reporting overhaul after backlash against more red tape October 16, 2023 The government has ditched its own plans to introduce burdensome new reporting requirements to UK companies today amid concerns over the amount of red tape tangling up British firms.
Keysight outbids Viavi in £1.15bn takeover of Spirent Communications March 28, 2024 An American company has invaded a £1bn agreed takeover deal Spirent Communications, in a shock move which will see another firm taken off the London market.
Easyjet founder calls for budget airline to list in the US February 18, 2024 Easyjet founder Stelios Haji-Ioannou has argued that the budget airline should consider pursuing a secondary listing in the US.
Hammerson: Commercial real estate firm completes half-a-billion pound of disposals February 26, 2024 The Square is a 52,000m location in the city, and is expected to be fully completed in the first quarter of the year.
FCA senior man on the move to growing comms agency April 22, 2024 A SENIOR ADVISOR at the City watchdog is set for a new gig at a growing comms and public affairs firm. FCA man Ramesh Chhabra is to leave his role as right hand man to CEO Nikhil Rathi for a job at Lexington, the expanding comms agency. Chhabra – regarded as one of the most effective comms [...]