M&C Saatchi agrees £310m takeover by Next Fifteen just days after snubbing Vin Murria May 20, 2022 Just days after M&C Saatchi snubbed Vin Murria's hostile takeover, the ad giant has announced a £310m takeover by fellow advertising agency Next Fifteen.
Best of 2022: Six Nations rugby in talks with Netflix over series December 27, 2022 In October a City A.M. exclusive revealed talks between streaming giant Netflix and the Six Nations over a documentary series for the 2023 tournament. Article originally published on 19 October 2022. Six Nations chiefs are hoping to develop their fanbase through a new series set to be shown on streaming site Netflix. Rugby bosses have [...]
Sports law year in review 2021: Were our predictions right? December 26, 2021 In December 2020, while others may have been preparing for muted New Year’s Eve celebrations in light of the new coronavirus variant, we were busy making sports law predictions for the year ahead for City A.M. In summary, we predicted a rise in data-related disputes on the back of Project Red Card, the further growth [...]
Electric truck maker Rivian plots Wall St. IPO valuing firm at $70 billion May 29, 2021 An Amazon-backed electric-truck start-up is reportedly plotting an IPO later this year which would value the company at around $70bn (£50bn). California-HQed Rivian has appointed advisers including Goldman Sachs and JP Morgan, according to Bloomberg. Read more: The world is not enough: Amazon’s streaming push continues with $8.45bn deal for Bond studio MGM Despite the [...]
British Land splashes £157m on London warehouses amid logistics investment boom February 2, 2022 Real estate investment firm British Land has snapped up three warehouses in Wembley as it looks to tap into soaring demand for logistics hubs across London.
Carmaker offers non-Fiat crypto rewards to electric vehicle drivers March 15, 2022 Carmaker Fiat is driving crypto adoption with a scheme to reward efficient electric car drivers with the currency Kiricoin.
NFL is back in the capital as London hosts 31st American Football game September 30, 2022 When the Minnesota Vikings and New Orleans Saints clash on Sunday at the Tottenham Hotspur Stadium, it will be the 31st NFL game to be played in London in which no more than one of the sides took a winning record into the fixture. The Vikings are two and one this season with a points [...]
UK must double production space if it’s going to keep up with TV and film boom April 20, 2022 The UK must double its film and television production space by 2026 if the sector is to keep pace with growing demand, according to the latest research from global real estate advisor Knight Frank.
EY, Deloitte, KPMG, and PwC are the biggest employers of business grads, new figures show February 14, 2022 Business school grads are more likely to go into consulting, than any other industry, according to a survey of 300,000 business grads from OnlineU. More than a fifth (21.1 per cent) of business grads surveyed worked in consultancies, the figures show. Notably, the Big Four auditors alone employed more than 12 per cent of those [...]
Klarna float inevitable says boss – but don’t worry about the financials December 2, 2021 Klarna’s boss confirmed yesterday that the buy now pay later giant will eventually head for public markets – but that he hopes investors don’t pay too much attention to financial updates. Boss Sebastian Siemiatkowski said that he wanted the firm to have “a strong enough reputation… as you have been able to see with (Tesla [...]