Buyout giants launch takeover bid for Boots January 11, 2022 Two buyout giants have teamed up to launch a multibillion pound takeover bid for high street chemist Boots, according to news reports. Bain Capital and CVC Capital Partners are reportedly putting together a joint bid for the 172-year-old chain after the firm was reported to be lined up for sale by owner Walgreens Boots Alliance [...]
Citadel Securities sells $1.15bn stake as it eyes up global expansion January 11, 2022 Electronic trading firm Citadel Securities as the firm reportedly gears up for international expansion.
Getir targets $12bn valuation in new funding round January 11, 2022 Rapid grocery delivery firm Getir is targeting a valuation of $12bn in new a fundraising round.
Global tech stocks show signs of recovery after sharp sell-off January 11, 2022 Global tech stocks have shown signs of a rebound following a sharp sell-off in recent days.
Wise shares show signs of recovery after Citi sparks sell-off January 11, 2022 Wise shares began to regain ground this morning after a sharp a sell-off yesterday saw the stock plummet to its lowest price ever. Shares in the London-based fintech firm fell 2.5% before 9am but recovered to trade up 3% on their opening price. Wise shares plummeted 7% yesterday following guidance from Citi analysts that their [...]
Retail investors flock to sustainability firms January 10, 2022 Retail investors have flocked to ‘cleantech’ and sustainability firms as they look to capitalise on a wave of new entrants to the sector.
Fintech firms unite again over Open Banking January 7, 2022 Fintech firms have come together to offer another robust defence of Open Banking just days after rebuffing claims from Starling boss Anne Boden that the initiative had failed. Speaking at an event organised by Open Banking Excellence, speakers from leading fintechs including Plaid, Token and Klarna argued that Open Banking was underpinning the rollout of [...]
Buy Now Pay Later firm Klarna claims ‘credit cards pose the real risk’ January 7, 2022 Klarna has claimed credit card providers pose a bigger risk to consumers as Government prepares to clampdown on the BNPL sector.
U.S. jobs growth slows well below forecasts January 7, 2022 US jobs growth fell well below forecasts in December as rising COVID-19 infections disrupted economic activity, according to official data released today. The figure in the US Bureau of Labor Statistics report showed that the US economy added 199,000 jobs in December, after economists polled by Reuters had anticiapted a rise of 400,000. Unemployment levels [...]
Online meal maker Gousto raises $150m fresh funding January 7, 2022 Online meal company Gousto has raised a fresh funding led by the Japanese technology investment giant SoftBank.
