Private equity giants mull $25bn bid for Novartis generics arm February 1, 2022 Two private equity giants are reportedly discussing launching a joint bid for the generics unit of pharma giant Novartis, according to reports.
Financial SaaS firm OpenGamma closes $21m funding round to ramp up growth February 1, 2022 Financial software-as-a-service firm OpenGamma has closed a $21m funding round as it readies to ramp up growth plans.
M&A boom continues as monthly deal value hits $364bn February 1, 2022 Mergers and acquisition activity has continued to boom into this year with January deal activity reaching $364bn, new data has revealed.
Jack Dorsey’s Block snaps up buy-now pay-later firm Clearpay February 1, 2022 The payments giant headed up by twitter founder Jack Dorsey has snapped up buy-now pay-later firm Clearpay.
Former Which? boss in line for top FCA job February 1, 2022 The former boss of consumer group Which? is in line to take over as interim chairman of the Financial Conduct Authority in a sign that a permanent appointment is still some way off.
Downing street launches charm offensive to woo Klarna into London listing February 1, 2022 Downing Street is attempting to woo buy-now pay-later giant Klarna into a London-listing over fears that high-growth firms may snub the city for New York, according to reports.
Virgin Money reports steady growth despite mortgage and business lending slowdown February 1, 2022 Virgin Money has reported steady growth in the first three months of its financial year as both lending activity and deposits from existing customers saw an uptick. Deposits from existing customers rose 1.2 per cent to hit £31bn, despite overall deposits sliding two per cent to £65bn in the quarter. Unsecured lending from the group [...]
The charge of the activist investors February 1, 2022 Analyst investors have been on the charge in the UK, Charlie Conchie asks why.
Government readies pensions overhaul with digital dashboard consultation January 31, 2022 Government has outlined plans to overhaul savers’ access to pensions via a digital dashboard as it opened a consultation on new regulation today.
Warehouse investment hits record levels as e-commerce fuels boom in demand January 31, 2022 Investment into warehousing and logistics hit record levels in the UK last year fuelled by a boom in online retail brought on by the pandemic.