Hogan Lovells Cadwalader looks to tap transatlantic dealmaking boom following merger Legal Global law firm Hogan Lovells Cadwalader is looking to grab more of the private capital market from rivals and tap into a boom in transatlantic dealmaking following the City firm’s merger with the oldest legal practice on Wall Street. UK managing partner Penny Angell told City AM the merger creates “a stronger bench” for the combined companies [...]
Billionaire Easyjet founder in line for £800m payday from takeover Markets Easyjet founder Sir Stelios Haji-Ioannou could be in line for a bumper £800m payday as part of the airline’s proposed takeover by private equity firm Castlelake. The British-Cypriot entrepreneur, who founded the company in 1995, holds some 116m shares in the budget carrier and will net a huge payout should he decide to sell his [...]
Government intervenes on foreign takeover bids for UK defence firms Industrials Ministers have intervened in a flurry of foreign takeover attempts on British defence firms in the past year over concerns the bids posed a threat to national security, City AM can reveal. The government unit that scrutinises takeovers “called in” 24 proposed bids from foreign buyers between the first quarter of 2025 and the end [...]
Jamie Dimon opens door to a $20bn JP Morgan takeover May 28, 2026 Jamie Dimon has kicked the door open to the prospect of JP Morgan completing a major takeover that would shake-up the global banking landscape. The Wall Street boss raised the idea of the bank spending as much as $20bn (£15bn) as it looks to capitalise on the freed up capital from deregulation reforms. “I do [...]
Co-op merger to bring huge shakeup to retail and funeral giant April 9, 2026 The Co-op Group is preparing to takeover the Southern Co-op, in a merger which would bring a major shakeup to the retail and funeral giant in its bid to move on from a crushing cyber attack. The deal would see the group snap up around 300 food stores, funeral branches and Starbucks coffee shops. The [...]
Marmite maker Unilever creates food empire in $45bn merger March 31, 2026 Unilever has sealed a $45bn merger of its food brands with US spice and seasoning giant McCormick, forging a $60bn food empire in which the London-based firm holds a majority stake. Unilever and its shareholders will own 65 per cent in the new body, with the firm receiving $15.7bn (£11.6bn) in cash and the equivalent [...]