Wilko: B&M snaps up 51 stores of beleaguered retailer for £13m September 5, 2023 B&M has confirmed that it will buy 51 Wilko stores for £13m following the highstreet stores collapse. The rival discount chain, which has over 700 sites across the UK, did not mention how many job roles would be saved in the process. On the sale, its share price was down more than three per cent [...]
Former Tory chair Lord Ashcroft sells recruitment firm for £483m, netting £300m December 13, 2023 Shareholders will be allowed a 55.9p dividend declared in November, in addition to more which Impellam hasn't declared yet; but which taken together will total 1,084.4p per Impellam share.
Gulf billionaire buys former London Park Street embassy for £25m (it was worth £10.6m in 2012) March 11, 2024 A Middle Eastern billionaire has bought the former Cyprus Embassy turned mansion in London’s Park Lane for £25m.
The bad apple that cost Dechert £47m February 28, 2024 Neil Gerrard used to be a hot shot lawyer in the City. But after being hit with multiple lawsuits, he is now known for very different reasons.
‘Magnificent’ Hyde Park penthouse on sale for £60m August 13, 2024 A £60m penthouse has gone on sale in Hyde Park in a tentative sign that the super-prime market may be turning towards bigger, more expensive homes again. The apartment, which is one of London’s biggest listings in 2024, includes “one of the largest private terraces in central London”, according to James Van Den Heule, co-founding director [...]
Adieu City A.M. Towers: A toast to the Tiktokers August 8, 2024 As City A.M. bids adieu to its current home, Lucy Kenningham considers The Tiktokers
Christian May returns as City A.M. editor July 22, 2024 May's return coincides with City A.M.'s move to new offices in the City of London.
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 [...]
Kazakh billionaire offloads Mayfair property for £35m May 9, 2024 A Kazakh oligarch worth an estimated £5bn has sold his London mansion for just shy of £35m in one of the largest deals this year.
Uncertainty but Optimism for Benelux M&A June 6, 2023 Despite rising inflation, increasing interest rates, the ongoing war in Ukraine, and more, uncertainty remains the biggest issue for M&A dealmaking in the Benelux region in 2023. Nevertheless, the market remains resilient and there are still a lot of opportunities to be had. These were the key conclusions from panellists at a recent event in [...]