Sotheby’s hands huge pay day to billionaire owner Patrick Drahi July 10, 2024 Sotheby's paid a huge dividend to its billionaire owner Patrick Drahi despite a tick down in its financial performance amid reports a minority stake could be sold to ease debt concerns.
Corpacq’s $1.6bn New York float nears after six-month delay June 24, 2024 A $1.6bn (£1.26bn) merger involving an investment group founded by the brother of a former Take That singer is on the verge of being approved after being delayed by six months.
The threat of a listing exodus must spur on bolder risk-taking June 11, 2024 Just as the arrival of Shein onto London’s equity markets, and the Raspberry Pi float, are more indicative of individual company circumstances than a wider trend, so too would be Ashtead’s departure from London – if they choose to move ahead with it. This is a company after all which, though listed in the capital, [...]
India beat Pakistan in T20 Cricket World Cup as bowlers shine June 9, 2024 India’s bowlers won them the biggest match in cricket with Pakistan failing to take advantage of a superb first innings at the T20 Cricket World Cup yesterday. Pakistan restricted India to just 119 in New York but a stunning effort with the ball gave the favourites a six-run win over their fierce rivals. Captain Rohit [...]
Tables turned? Cambridge pharma firm launches hostile bid for New York-listed peer June 7, 2024 Vanda Pharmaceuticals, based in Washington DC, confirmed the receipt of Cycle’s “unsolicited, non-binding indication of interest” and stated it would carefully review and evaluate the proposal.
Flutter shares dip as firm completes US listing move May 31, 2024 Following the news this morning, Flutter's share price on the London Stock Exchange dropped by 6.44 per cent by around 10am.
London retains title as tech capital of the world as Oxford and Cambridge close in on New York May 30, 2024 A closely-watched league table has once again named London the tech capital of the world, while Oxford and Cambridge are closing in on New York.
Wimbledon in New York? British tennis Championships return to Big Apple May 28, 2024 New York will have a Wimbledon fan zone yet again after The Hill was recommissioned for a third year. Moving to a bigger venue on the banks of the East River, 3,500 fans will be able to tune into the each day’s play at the All England Club. Sally Bolton, Chief Executive of The All [...]
Cazoo: Was online car retailer always doomed to fail? May 23, 2024 Could the downfall of Cazoo from being valued at more than £5bn to its collapse into administration have been avoided or was it always doomed to fail?
Admiral Acquisition becomes latest firm to exit London Stock Exchange after £1.48bn deal May 22, 2024 Admiral Acquisition has become the latest company to announce it will leave the London Stock Exchange for New York, after buying US engineering business Acuren for $1.85bn (£1.48).