Regulator says Adobe’s Figma acquisition could ‘harm’ UK digital design sector November 28, 2023 The UK’s competition watchdog has provisionally found that Adobe’s proposed acquisition of Figma could harm the digital design sector.
Musicmagpie eyes sale of business as value plummets November 20, 2023 Musicmagpie has failed to break into the US market with sales in the region plummeting from £18.4m to £14.7m in the first half of 2023.
Hotel Chocolat’s sweet £534m Mars deal leaves London market on a sugar high November 16, 2023 Charismatic founder, Angus Thirlwell, told City A.M that the business “really valued” its time on the London market.
Allfunds partners with Goldman Sachs and Citigroup to strategise sale amid gauging takeover interest November 16, 2023 The fund distribution platform is looking at Civen, CVC Capital Partners and Permira as potential suitors, according to a report.
Manulife to acquire Michael Hintze’s CQS November 15, 2023 Manulife Investment Management announced on Wednesday that it has agreed to acquire Lord Michael Hintze’s alternative credit manager CQS.
UBS boss says bank is in ‘second phase’ of Credit Suisse merger that will ‘not change anything’ November 15, 2023 Ermotti is set to announce a strategy for the merged banks in February but is battling high costs as he winds down Credit Suisse’s unprofitable businesses while fully integrating its key Swiss banking unit.
Topshop on the block: Meet the runners and riders… October 30, 2023 Asos bought Topshop and a number of its sister brands such as Topman and Miss Selfridges for £265m back in 2021 after Arcadia plunged into administration.
CMA pushes Adobe’s Figma deal probe deadline back eight weeks October 25, 2023 Britain's competition regulator has announced an extension of eight weeks for its ongoing investigation into Adobe's $20bn (£16.5bn) acquisition of cloud-based design platform Figma.
Bunzl snaps up two more firms as dealmaking spree continues October 24, 2023 Outsourcing giant Bunzl has announced two more acquisitions, bringing its tally for the year to 14 and at a total spend of more than £425m.
Kin and Carta shares soar 40 per cent after £203m takeover deal October 18, 2023 Shares in technology consultancy Kin and Carta rocketed over 40 per cent after it said a £230m cash offer is taking it private.