Informa snaps up Clarion Events in £2.2bn deal with Blackstone Media Digital services giant Informa has snapped up the world’s largest privately owned event and exhibition organiser in a multi-billion pound deal with private equity firm Blackstone. The FTSE 100 group revealed on Tuesday it had acquired London-headquartered Clarion Events for £2.2bn from Blackstone. The deal brings over 100 business-to-business live event brands under the Informa [...]
Government intervenes as BT inks deal to rescue embattled Talktalk Telecoms Broadband giant BT has agreed to snap up embattled telecommunications firm Talktalk in a move that has prompted the government to weigh in. The FTSE 100 group said on Monday it had acquired Talktalk and its wholesale arm PlatformX Communications (PXC) out of administration on a debt-free basis. The deal, for an undisclosed sum, is [...]
Reform UK Treasurer Nick Candy takes podcast firm off sales block Media The podcast firm owned by the billionaire treasurer of the Reform Party has been taken off the sales block after first laying out plans for a deal last year. Audioboom, in which property tycoon Nick Candy is the majority shareholder, launched a strategic review in October, where it said the end result could lead to [...]
Banking and insurance to drive financial M&As after 2025 frenzy January 7, 2026 Deals in the financial services sector are expected to be “robust” in the year to come, following a burst of activity from the banking and insurance sector in 2025. UK banks, insurers and asset managers publicly disclosed 337 deals last year. Whilst this dipped down from the record high of 378 in 2024, the value [...]
HSBC shares sink on play to take control of Hong Kong bank October 9, 2025 HSBC shares tumbled on Thursday morning as the bank laid out plans to suspend its buyback program in order to buy out minority shareholders in Hong Kong’s Hang Seng Baak. The FTSE 100 banking juggernaut has offered to pay HK$155 per share for the 36 per cent not already owned by the bank. The proposal [...]
Aviva’s profit soars ahead of merger with Direct Line August 14, 2025 Aviva posted a profit jump for the first half of the year after strong growth across its wealth and insurance divisions. The company’s operating profit climbed 22 per cent to just north of £1bn – topping the £875m netted in the first half of 2024. This comes after Aviva completed its £3.7bn takeover of rival [...]
Aviva’s £3.7bn takeover of Direct Line approved by UK watchdog July 1, 2025 Aviva’s acquisition of smaller insurance peer Direct Line has been approved by the competitions watchdog, paving the way for the formation of Britain’s biggest home and motor insurer. The £3.7bn takeover will not be subject to a phase-two investigation, the Competition and Markets Authority (CMA) said on Tuesday, after a preliminary probe to assess whether [...]
Direct Line bosses out ahead of £3.7bn Aviva deal after bumper bonus revolt June 23, 2025 The chief executive and chief financial officer of Direct Line are to step down when its £3.7bn sale to Aviva is complete, it has been announced. CEO Adam Winslow and CFO Jane Poole will leave their roles when the deal is finalised next month. In a statement, the company said a leadership team for Direct [...]
Aviva: Direct Line buyout ‘firmly on track’ despite CMA investigation May 15, 2025 Aviva expects its £3.7bn acquisition of Direct Line to be completed by the middle of this year despite a new investigation by the competition watchdog into the deal. In a trading update, the insurance giant’s CEO, Amanda Blanc, said the acquisition was “firmly on track,” and cash to pay for the takeover had been ring-fenced. Yesterday, the Competition [...]