Foreign takeovers surge as buyers strike megadeals Business The foreign takeover raid on UK companies accelerated this year as international buyers struck a series of mega deals to acquire listed companies. In the ten months to the end of October, deals launched by foreign buyers with a UK target had jumped 55 per cent to $116bn (£91bn), with the number of deals increasing [...]
Foreign firms launch £7.8bn summer deals raid on British companies Business A raid by international firms on UK companies accelerated over the summer as foreign buyers kicked off deals worth some £7.8bn – even as domestic mergers and acquisitions (M&A) slumped. Foreign spending on UK companies rose by 16 per cent between July and September, thanks in part to the $976m (£769m) swoop by US-based Quanex [...]
UK M&A set for ‘sustained increase’ after Budget and Trump victory Banking British M&A activity is expected to ramp up going into 2025, City advisers have said, as dealmakers feel more certainty following the Budget and US presidential election.
YouGov shares soar as market researcher snaps up Yabble in £4.5m deal and raises guidance August 6, 2024 Polling and market research company YouGov has acquired New Zealand-based generative AI company Yabble in a £4.5m cash deal as it slightly notches up its full-year guidance.
Vodafone-Three £15bn merger delayed further as CMA extends probe August 2, 2024 Vodafone and Three will have to wait longer before finding out if a £15bn planned merger has the seal of approval from the UK’s competition regulator.
Carpetright: Rival Tapi rescues brand out of administration as 1,500 jobs lost July 23, 2024 Carpetright has been rescued out of administration but more than 1,500 jobs have been lost, it has been confirmed.
Amazon Prime Video buys British film studio where The Lord of the Rings: The Rings of Power is made July 22, 2024 Amazon Prime Video is to acquire the British film studio where it makes The Lord of the Rings: The Rings of Power.
Mika Häkkinen and David Coulthard-backed firm to quit London Stock Exchange after acquisition collapses July 15, 2024 A company backed by Mika Häkkinen and David Coulthard is to quit the London Stock Exchange after failing to complete the takeover of a super car road trip company.
The Body Shop: What next for high street icon as tycoon eyes rescue deal? July 11, 2024 The future of collapsed high street icon The Body Shop could be decided in the next two weeks as it emerged that British tycoon Mike Jatania was in exclusive talks to rescue the brand.
Philip Hammond: Former chancellor’s Railsr and Towerbrook raise offer for Equals Group July 10, 2024 Equals has extended the deadline, which has already been extended multiple times, to 7 August 2024 to give more time for considering the offer and completing the checks.