By: William Turvill

I write about M&A, deals, IPOs, private equity, asset management, media and a few other areas for City A.M. I also write news features and am always interested in interviewing and profiling high-profile business figures. I previously worked for Press Gazette and Mail Online.

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Gawker said to be exploring sale following Hulk Hogan lawsuit

May 26, 2016

US news and gossip website Gawker Media is said to be exploring a sale after losing a court battle with wrestler Hulk Hogan. Gawker has reportedly hired investment bank Houlihan Lokey to explore options after it was ordered to pay out $140m (£95.6m) to Hogan. Read more: Media and entertainment execs want deals – and [...]
Old Street credit-checking startup expands into Germany with Deutsche Bank partnership

May 26, 2016

An Old Street fintech startup is moving into Germany in partnership with Deutsche Bank. Ormsby Street’s credit-checking tool, CreditHQ, is used by more than 27,000 small businesses in the UK, the startup said. The tool, which allows small business to check the financial health and credit status of customers or partners, launched in Italy last year. [...]
Loo roll business plans float ahead of EU referendum

May 26, 2016

A Northern loo roll business is showing not even a wee bit of fear ahead of the EU referendum. Accrol today announced its intention to float on the London Stock Exchange’s alternative investment market (Aim) less than two weeks before the vote. The independent tissue converter, which has been advised by Zeus Capital, is expected [...]
These are the biggest crowdfunding websites

May 26, 2016

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Daily Mail publisher’s share price tumbles as supermarkets pull print adverts

May 26, 2016

Shares in DMGT fell by nine per cent today after the Daily Mail publisher reported a double-digit decline in print advertising led by cost-cutting supermarkets. DMGT issued a profit warning after its DMG Media division – which houses the Mail and Metro newspapers as well as Mail Online and makes up around a third of turnover – reported a four [...]
Baltic Exchange chose talks with Singapore Exchange over others because of London commitment, says chief executive

May 25, 2016

The Baltic Exchange chose to enter into exclusive negotiations with the Singapore Exchange because of its interest in keeping the organisation London-based, its chief executive has said. Jeremy Penn, who is due to stand down from the Baltic Exchange this summer after more than a decade, told City A.M. the Singapore Exchange wants to use [...]
Analysts expect improved Monsanto offer – Bayer shareholders might not be too happy about it

May 25, 2016

Analysts expect Bayer to make an improved offer for Monsanto. But shareholders of the German company might not be too happy about it. US seed company Monsanto rejected Bayer's $62bn (£42bn), or $122 per share, offer on Tuesday, describing it as “incomplete and financially inadequate”. Monsanto did, however, say it was “open to continued and constructive conversations”. Bayer responded [...]
Media and entertainment executives want deals – and they’re targeting the UK

May 25, 2016

UK media and entertainment companies are attracting interest from across the world, a new international mergers and acquisitions (M&A) survey has found. The UK came ahead of the US, France, Canada and China to be named the most attractive investment destination in EY’s Capital Confidence Barometer report focusing on media and entertainment. Read more: Japanese [...]
No, P2P lenders aren’t going to topple banks – but we don’t want to

May 25, 2016

Peer-to-peer lending was born a decade ago and has offered an alternative and often more accessible route to funding for thousands of small and medium sized businesses. The sector’s popularity has exploded in recent years, leading many, including a newly published report from Deloitte, to assume that platforms now have the established banking sector in [...]
FedEx completes “historic” €4.4bn European deal

May 25, 2016

FedEx has completed its €4.4bn (£3.3bn) acquisition of TNT Express, with the company describing the deal as a “historic event”. The company said in an announcement that the transaction brings together the world’s largest air express network and an “unparalleled European road network”. Read more: FedEx delivers on revenue in third-quarter results It said the [...]

Why authenticity is key to US sport succeeding in Europe

Drinking in stands hailed as success as more clubs join WSL pilot scheme

This Soho pub is putting on a ‘problematic’ show about a drunkard

By: William Turvill

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