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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Student lender Future Finance announces fintech investments totalling £119m as it reports rocketing demand for loans

March 14, 2016

Student lender Future Finance has raised £119m from fintech investors. Investors in Future Finance Loan Corporation – which has loaned nearly £25m to students since May 2014 – include QED Investors, Blackstone Strategic Opportunity Fund and Colchis Capital. The new investment takes the company's total funds to £185m. Read more: The future of education finance is here [...]
Software company Cerillion set for Aim flotation after raising £10m

March 13, 2016

Cerillion, a billing, charging and customer relationship management (CRM) software provider, expects to float on the London Stock Exchange's alternative investment market (Aim) this week. The London-headquartered firm has raised £10m to facilitate its flotation, and trading in its shares on Aim is expected to commence on Friday. Cerillion’s placing price on the market will be 76p [...]
London Stock Exchange and Deutsche Boerse set to tell shareholders how proposed £20bn merger will save hundreds of millions

March 13, 2016

The London Stock Exchange and Deutsche Boerse are this week set to tell shareholders how their proposed £20bn merger would save hundreds of millions of pounds. They are also expected to announce that LSE chairman Donald Brydon would stand down from the same position of the merged group after three years. City A.M. understands savings, as a [...]
Cinven considers bid for part of Thomson Reuters as news organisation set for sale of intellectual property and science units

March 13, 2016

Private equity group Cinven is considering bidding for part of Thomson Reuters, with the news organisation set to launch a sale of its intellectual property and science units. The divisions – which reported revenues of $1bn (£0.7bn) last year and an operating profit of $221m – have been valued at around $3bn by analysts. Cinven already owns intellectual [...]
US justice department files iPhone encryption case response, accusing Apple of creating “barriers” against FBI

March 10, 2016

The United States Department of Justice has filed its latest response to Apple in the legal fight over iPhone encryption. In the document, filed today, the DOJ wrote: "Here, Apple deliberately raised technological barriers that now stand between a lawful warrant and an iPhone containing evidence related to the terrorist mass murder of 14 Americans. [...]
Rolls-Royce announces plans to cut 150 more senior manager positions

March 10, 2016

Rolls-Royce today announced plans to cut another 150 senior manager positions. The engineering company has cut 50 senior managers in recent months, and it aims to cut around 400 out of 2,000 positions in the coming years as part of an effort to save between £150-200m. The overall workforce of Rolls-Royce is just over 50,000. More [...]
Chinese investments into Europe and United States reach record high in 2015 – but UK levels dip 35 per cent

March 10, 2016

Chinese investment into Europe hit record levels last year – but dipped in the UK, according to a new report. Foreign direct investment (FDI) from China totalled $23bn (£16bn) in Europe in 2015, according to Baker & McKenzie research. On the other side of the Atlantic, last year marked a record for Chinese FDI into [...]
Standard Bank talks up “buoyant” 2016 African landscape for M&A

March 10, 2016

Africa’s landscape for mergers and acquisitions (M&A) is "buoyant” and there are more opportunities in the continent than ever before, according to South Africa-based Standard Bank. “There has been an increase in M&A activity, especially in East and West Africa, as European multinationals search for opportunities to counter slowing growth at home," said the bank's [...]
People risks disrupting M&A activity as cross-border deals become more popular, new study finds

March 10, 2016

A new report has highlighted M&A dealmakers' concerns over people risks impacting on transactions. Issues such as employee retention, cultural integration and talent management are especially prominent in relation to cross-border deals, according to Mercer’s People Risks in M&A Transactions report, out today. In addition to legislative and regulatory issues, Mercer also highlighted concerns over cultural and operational [...]
Nearly three-quarters of UK executives report M&A deal delays because of data loss, research finds

March 10, 2016

Nearly three-quarters of UK executives involved in mergers and acquisitions (M&A) have admitted to deals being delayed because of critical data loss, according to new research. These losses of information from documents, emails, devices and IT systems accounted for deals being delayed by an average of 12 days, according to Ansarada, a virtual data room [...]

Reading owner Rob Couhig considers selling training ground to raise funds

Fury promoters Queensberry see profits rise after Dubois vs Joshua bout

What’s on in London January 2026

By: William Turvill

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