North Sea’s biggest oil and gas producer, Harbour Energy strikes £9bn deal for German peer December 21, 2023 Harbour Energy on Thursday agreed to acquire Wintershall Dea's non-Russian oil and gas assets in a £9bn share and cash deal with BASF and LetterOne.
KKR facing fightback against £1.3bn Smart Metering Systems bid December 21, 2023 The founders of energy infrastructure firm Smart Metering Systems have mounted a fight back against a takeover by KKR today on the grounds the £1.3bn bid undervalues the firm.
Billionaire Caring mulls £1bn Ivy sale December 21, 2023 Richard Caring, is exploring a sale of his stake in The Ivy Collection, in a deal reportedly valued at £1bn.
City A.M.’s jobs of the week December 21, 2023 The job market never sleeps. Luckily, City A.M. has collaborated with Jobbio to pick out the most exciting job opportunities in the City and beyond. Liberty Global Title: Senior Internal Auditor Location: London Liberty Global is a world leader in converged broadband, video and mobile communications and an active investor in cutting-edge infrastructure, content and [...]
Barclays to stay at iconic Canary Wharf HQ until 2039 in boost for London banking district December 21, 2023 Canary Wharf Group said the bank had agreed a five year lease extension on its tower One Churchill Place.
Oil prices remain under pressure despite Red Sea disruption December 21, 2023 Oil prices remain under pressure.
Financier of London restaurants jailed after Italian fraud trial December 21, 2023 The financier behind a collapsed chain of London seafood restaurants has been sentenced to six years in prison in an Italian fraud trial that has rocked the Vatican. Gianluigi Torzi, the man responsible for the Seasons chain of fish restaurants, was sentenced alongside Cardinal Angelo Becciu, the most senior Catholic Church official ever to stand [...]
Domino’s Pizza: Eurasia shareholders reject takeover offer from Jubilant Food December 21, 2023 Domino's Pizza Eurasia is understood to be open to takeover but wants the firm to increase its offer price.
Wall Street slams the brakes for a rare slowdown following record-setting rally December 21, 2023 Wall Street hit the brakes on its big rally on Wednesday after disappointing profit reports from companies and warnings that the market had simply gone too far, too fast. The S&P 500 slumped 1.5 per cent for its worst loss since beginning a monster-sized rally shortly before Halloween. The Dow Jones Industrial Average dropped 475 [...]
Private equity firms line up London lawyers ahead of deals frenzy December 21, 2023 Private equity firms are predicting a busy first two months of deals next year - they're hiring lawyers and advisers now to get ahead of the game.