Keywords Studios: EQT closes in on £2bn takeover June 14, 2024 Videogame developer Keywords Studios has extended a deadline for its takeover by EQT today as the private equity giant puts the final touches to a deal worth more than £2bn.
St James’s Place calls in new finance chief from UBS as turnaround effort continues June 13, 2024 Embattled wealth manager St James’s Place has called in a new finance chief today from investment bank UBS as it continues efforts to steady the ship following a torrid year in which nearly £3bn has been wiped from its value.
Peel Hunt losses double but bosses predict rebound in London listing market June 13, 2024 Losses at investment bank Peel Hunt more than doubled last year despite the bank predicting the first signs of a “recovery” in London’s IPO market.
Regulators should stamp out ‘opportunistic’ exits from London Stock Exchange, says top broker June 13, 2024 City regulators should “tighten” the rules around exiting the London Stock Exchange to prevent “opportunistic” firms cancelling their listings and hammering shareholders, one of the City’s top brokers has said.
Rats! Rentokil London future in doubt after Nelson Peltz builds a stake June 12, 2024 Trian Partners, founded by Peltz, told Bloomberg News it had reached out to the Crawley-based pest-exterminator with ideas to “improve shareholder value” after building a stake that put it among the top 10 shareholders in the firm.
Legal & General reveals sweeping overhaul and kicks off first share buyback in a decade June 12, 2024 Legal & General has revealed plans for a sweeping overhaul today including the merger of its two asset management arms and a first share buy back in over a decade, as new chief Antonio Simoes looks to set out a fresh direction for the company.
Special Opportunities London listing falls flat after REIT fails to meet fundraising target June 12, 2024 Special Opportunities REIT has pulled its IPO, scuppering the first stock market listing of a UK real estate investment trust in three years.
Dame Alison Rose takes first job since leaving Natwest after Nigel Farage debanking storm June 11, 2024 Dame Alison Rose has taken up her first job since leaving Natwest last year in the aftermath of the Nigel Farage debanking storm over his Coutts account.
IG Group launches UK derivatives platform June 11, 2024 IG Group has launched a platform in the UK providing US-listed options and futures trading called Tastytrade.
London listings to rebound from second half of 2024, broker predicts June 10, 2024 The UK's IPO market is starting to open up, according to a leading broker, as it eyes a rebound in listings from the second half of this year.