Hipgnosis bidding war shows these corporate jukeboxes are valuable after all April 24, 2024 The bidding war between Blackstone and Concord for Hipgnosis shows that the music asset class has not lost its allure, Jess Jones writes
Ithaca Energy to buy Eni’s UK assets for about £754m April 23, 2024 North Sea oil and gas producer Ithaca Energy said on Tuesday it would buy Eni's UK upstream oil and gas assets for about £754m in an all-stock deal.
Equals: Payments fintech extends deadline for merger talks with MDP, Railsr and TowerBrook April 17, 2024 Equals has again extended a deadline for formal takeover offers as the fintech payments group conducts a strategic review into its standalone prospects.
Equals: Payments fintech doubles annual profit and eyes up further growth with M&A April 16, 2024 Payments fintech group Equals has more than doubled its annual profit on the back of rapid growth and international expansion.
Tclarke becomes the latest firm to leave the London Stock Exchange with £91m buyout April 16, 2024 Regent has offered 160p per share in cash for Tclarke as well as a final dividend of 4.525p per share, representing the final dividend for the latter's financial year ending 31 December 2023.
Goldman Sachs beats expectations as investment bank shows signs of recovery April 15, 2024 A nascent recovery in investment banking helped Goldman Sachs outperform expectations, with quarterly profit rising 28 per cent to over $4bn in the first quarter of the year.
Inchcape to sell its UK retail operations for £346m April 15, 2024 Inchcape's UK retail operation employs 3,600 people and sells vehicles from 80 sites.
UK now second most targeted country for mergers and acquisitions March 28, 2024 The UK is now the second most targeted nation for mergers and acquisitions globally, behind only the US, as deals in the country have surged to $76.1bn (£60.2bn) so far in 2024. UK mergers and acquisitions have been 88 per cent higher than this time last year but are still below the values in the [...]
Mergers and acquisitions: UK deals dry to pandemic low amid ‘constrained’ conditions March 5, 2024 The number of UK mergers and acquisition (M&A) deals continued to fall in the final three months of 2023, with December seeing the lowest number since the coronavirus pandemic began. There were a total of 367 combined domestic and cross-border mergers and acquisitions in the fourth quarter of the year, down from 400 in the [...]
Capital One announces tie-up with Discover in $35.3bn deal creating payments giant February 20, 2024 "Our acquisition of Discover is a singular opportunity to bring together two very successful companies with complementary capabilities and franchises," said Richard Fairbank, founder, chairman and chief executive officer of Capital One said.