Princes falls to £50m loss and makes further redundancies as potential sale looms January 16, 2024 Food giant Princes cut over 150 jobs while slipping to a loss of more than £50m despite its revenue rising by £300m, new documents have revealed.
Financial deals set for rate-fuelled rebound from nine-year low, EY says January 16, 2024 Mergers between financial services firms could be set for a rebound this year despite UK deals slumping to a nine-year low in 2023, EY has said.
Sykes Seafood’s sales jump by £100m as headcount grows – but profits narrow January 15, 2024 Turnover jumped by more than £100m at Sykes Seafood during its latest financial year which also saw its headcount spike.
E-scooters: Tier and Dott to merge as operators struggle for profit January 10, 2024 E-scooter and e-bike firms Tier and Dott, two of the biggest players in Europe's micromobility market, are set for a merger.
Kin and Carta shares surge 14 per cent on new £239m takeover bid December 19, 2023 Shares in technology consultancy Kin and Carta jumped nearly 14 per cent on Tuesday after it announced a new offer will take it private.
Adobe and Figma scrap £16bn merger after regulators criticise deal December 18, 2023 Adobe and Figma have ditched their $20bn (£16bn) tie-up after struggling to secure regulatory approval in both the UK and Europe.
Begbies Traynor acquires midlands firm of property auctioneers December 12, 2023 Professional services that act as a restructuring specialist, Begbies Traynor Group has completed the acquisition of a national firm of property auctioneers.
O2 Arena and Hammersmith Apollo owners bid for See Tickets amid ‘several very encouraging offers’ December 11, 2023 The owners of the two iconic London music venues have reportedly thrown their hats into the ring to buy See Tickets.
Coventry Building Society launches bid for Co-operative Bank December 6, 2023 Coventry Building Society has reportedly put forward a takeover offer for the Co-operative Bank. The deal would effectively demutualise the bank and create a financial services powerhouse with close to £90bn in assets, the report added.
THG to acquire Biossance as it bulks up on beauty business December 5, 2023 E-commerce firm THG has today announced it has acquired prestige skincare brand Biossance for $20m as its builds out its beauty business.