Investec Wealth and Rathbones tie-up gets green light from regulators August 2, 2023 Investec confirmed today that the proposed merger of Rathbones and its Wealth & Investment arm has secured regulatory approval. In a statement this morning, Investec said “all regulatory clearances in connection with the combination have been received”. The financial services firm said it expects the deal to be completed on 21 September provided the City [...]
Global Ports shares dip as it moots take private offer June 17, 2024 The world's largest cruise port operator said it would make a statement on the approach from parent company Global Yatırım (GIH).
CVC: Private equity firm and Six Nations backer to launch £13bn Amsterdam IPO April 9, 2024 Private equity firm CVC Capital Partners is rumoured to be listing on the Amsterdam Stock Exchange as soon as next week.
ITM Power to enter US market in blow to UK’s green hydrogen ambitions October 16, 2023 ITM Power has announced plans to enter the US market, enticed by the vast subsidies offered under the country's Inflation Reduction Act.
International Paper set to announce formal £5bn-plus offer for DS Smith April 8, 2024 The US firm vying to acquire FTSE 100 packaging firm DS Smith is reportedly close to announcing a formal offer for the company worth more than £5bn amid a brewing bidding war with UK paper giant Mondi.
Mondi pulls out of DS Smith bidding war in win for US buyer April 19, 2024 Packaging giant Mondi has walked away from a bidding war for its smaller rival DS Smith, paving the way for Memphis-based International Paper to snap up the firm in a £5.8bn deal.
There may be mortgage pain, but these bankers say rates hikes could boost the City June 22, 2023 Numis says the higher cost of capital could scupper private equity takeovers and boost the IPO market
London markets remain open as UK mourns death of Queen Elizabeth II September 9, 2022 LONDON’s markets continue to operate as usual as the UK enters a period of official mourning following the passing of Her Majesty Queen Elizabeth II. The London Stock Exchange said yesterday its bourses will operate according to their normal schedule today and throughout the “official period of mourning” for the Monarch, which is now set [...]
Troubled Revolution Bars close to securing £10m in emergency funding April 8, 2024 Troubled Revolution Bars is close to finalising around £10m of emergency funding that would provide a stay of execution as it draws up plans that would result in the closure of more bars.
Plans for City’s future delayed until next year as investors warn of ‘report fatigue’ September 18, 2023 A major report looking to draw up a "new market model” for the City has been delayed until next year as fears grow of “report fatigue” setting in across London, City A.M. can reveal.