Biffa owner to buy renewable energy giant Atlantica for £2bn May 28, 2024 Atlantica Sustainable Infrastructure is to go private after accepting an offer from a private equity firm which values it at $2.5bn (£2bn).
Arrowxl to be sold after former Yodel owner racked up debts of over £150m May 28, 2024 ArrowXL is to be sold after the company behind it, which is owned by the billionaire Barclay family and formerly included Yodel, racked up debts of more than £150m ahead of entering administration.
Princes: Branston, Batchelors’ and Flora maker sold to Italian giant in £700m deal May 27, 2024 Food and drink group Princes is to be acquired by an Italian giant in a deal worth £700m, it has been confirmed.
ITV agrees multi-million pound investment into Purplebricks’ reinvention May 22, 2024 ITV is set to invest more than £4m into online estate agency Purplebricks, the first major investment in the ailing brand since it was acquired in 2023 by rival Strike.
London-listed software firm Idox has 20 per cent revenue boost on ‘healthy’ M&A pipeline May 22, 2024 Idox, which sells software property management software to the government, also more than halved its debt to £6.6m, down from £14.7m.
Former Yodel owner owed over £100m as it collapsed into administration – but director hits back May 20, 2024 The former owner of parcel delivery group Yodel owed more than £100m when it collapsed into administration, according to a new document.
Billionaire Issa brothers’ £2bn Asda deal sees petrol stations empire EG Group surge back to profit May 20, 2024 The petrol forecourts empire built by the billionaire Issa brothers, who also own Asda, surged back into the black in 2023 following its £2bn deal with the supermarket giant.
Sleepeezee: Silentnight owner acquires bed maker for King Charles III May 15, 2024 A group owned by the majority shareholder of Silentnight has acquired Sleepeezee - which has been a supplier to the Royal Family for more than 60 years.
London-listed IQGeo shares soar as board agrees private equity takeover May 14, 2024 IQGeo said it has received binding agreements to accept the takeover by private equity firm KKR from several shareholders.
Anglo American rejects second BHP takeover bid – this time worth £34bn May 13, 2024 Anglo American has rejected a second takeover bid from BHP - this time worth £34bn.