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bidding war

  • Haringey peddles two-bike model after Richmond Lime snub

    Transport & Infrastructure

    Haringey has handed Forest and Lime a new four-year dockless e-bike contract, doubling down on a two-operator model just as Richmond moves in the opposite direction and edges towards pushing Lime out. The north London borough’s cabinet this week approved the appointment of two operators for an initial two-year term from 1 April 2026, with [...]

    Lime faces growing scrutiny over its safety record.
  • Spectris bidding war intensifies as KKR submits fresh offer

    Markets

    The private equity bidding war for precision instrument business Spectris has stepped up a gear after New York-based KKR stepped in with a fresh offer that values the business at £4.8bn. The offer of 4,175p per Spectris share outflanks a fresh offer made by Boston-based Advent of 4,100p per share on Friday, and represents a [...]

    The London Stock Exchange
  • PHP sweetens Assura bid amid ongoing contest with KKR

    Property

    Primary Health Properties (PHP) has offered a number of concessions to Assura as it fights to beat private equity giant KKR in its bid for the real estate investment trust. PHP, which has already made a number of bids for Assura – the latest at 51.7p per share, or £1.68bn – pledged to lower Assura’s [...]

    Businesses are now

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