Almost half of UK corporations set to ramp up legal spend amid M&A resurgence July 8, 2024 Nearly half of UK corporations are predicting an increase for their legal spend as the demand for legal advice on M&A transactions has clawed back
UK acquisition deals fall to pandemic low as foreign eyes turn away from London June 4, 2024 The number of UK mergers and acquisitions fell to their lowest in March since 2020, as the rate of foreign companies buying British businesses almost halved throughout the quarter. There were 426 M&A transactions in the first quarter of the year, 18 fewer than the previous quarter, data from the Office for National Statistics revealed [...]
UBS and Credit Suisse complete merger May 31, 2024 The merger of UBS and Credit Suisse is now formally complete.
London-listed software firm Idox has 20 per cent revenue boost on ‘healthy’ M&A pipeline May 22, 2024 Idox, which sells software property management software to the government, also more than halved its debt to £6.6m, down from £14.7m.
Wood Group publishes upbeat trading update after rebuffing bid May 9, 2024 Wood Group has published an upbeat trading update after it emerged the group had recieved a buyout offer.
Competition regulator to probe takeover of logistics firm Wincanton May 8, 2024 The Competition and Markets Authority (CMA) will investigate logistics firm GXO's £764m acquisition of Wincanton, it has been announced.
Co-op Bank says transformation plan ‘materially complete’ ahead of agreed £780m Coventry merger May 2, 2024 The Co-operative Bank has said its multi-year transformation plan is "materially complete" as the lender progresses with an agreed £780m takeover by Coventry Building Society.
Trinity Exploration and Touchstone Exploration set to merge in all-share deal May 1, 2024 In joint statements issued this morning, Touchstone said it would acquire the entire issued and to be issued ordinary share capital of Trinity in a deal with £24.1m.
London-listed JTC buys First Republic trust administration unit in JP Morgan carve out April 22, 2024 London-listed firm JTC has struck a deal to acquire one of First Republic's trust administration arms from JPMorgan Chase for $21m.
Tclarke becomes the latest firm to leave the London Stock Exchange with £91m buyout April 16, 2024 Regent has offered 160p per share in cash for Tclarke as well as a final dividend of 4.525p per share, representing the final dividend for the latter's financial year ending 31 December 2023.