Arm Mk 2: Another British tech firm snubs London for New York float September 17, 2023 Imagination, which licences designs to companies including Apple, has quietly registered for a public listing in New York
Birkenstock: Hippie sandal files for NYSE listing in further boost for US market September 13, 2023 Sandal maker Birkenstock has filed for an initial public offering on the New York Stock exchange, in a further boost for the US market.
UFC and WWE set for £16.8bn merger on New York Stock Exchange September 12, 2023 Combat sport organisation UFC and wrestling entertainment provider WWE were officially merged today and began trading on the New York Stock Exchange under new entity TKO. The new party, initially valued at $21bn (£16.85bn), was yesterday merged under UFC parent company Endeavor Group Holdings Inc having been formalised last spring. Major UFC and WWE moves [...]
Smurfit Kappa reaches deal on mega-merger with US rival WestRock in move away from London September 12, 2023 London-listed Smurfit Kappa will form one of the world’s largest packaging companies as it announced a multi-billion tie-up with US rival WestRock. The Ireland-headquartered business said that the merger would create a giant with around 34 billion US dollars (£27 billion) in combined revenue last year. The deal will help Smurfit break into the US [...]
It’s a relief we’ve rejoined Horizon, but it is certainly not a victory of post-Brexit Britain September 12, 2023 A deal with Horizon was initially almost inevitable - until post-Brexit UK relations with the EU erupted over Northern Ireland, writes Zoe Peden
Smurfit Kappa looks to ditch London as it plots merger with US rival West Rock September 7, 2023 Irish packaging giant Smurfit Kappa has confirmed it is in advanced discussions to merge with US rival West Rock.
Manchester United share price tanks 20 per cent on reports that Glazers aren’t selling September 5, 2023 Manchester United’s share price tanked by more than 20 per cent on Tuesday following reports that the Glazer family have shelved plans to sell the Premier League club. United’s share price was down from $23.66 at close on Friday to $19.19 when the New York Stock Exchange reopened following Labor Day. It dipped as low [...]
Hydrogen specialist UHL plans £250m UK spend – but it won’t list in London September 5, 2023 The world's largest hydrogen conglomerate plans to invest £250m in the UK over the next 12 months, City A.M. has learned.
London Stock Exchange boss Julia Hoggett: We’ll fight for everything September 4, 2023 The London Stock Exchange has had a tough couple of years. The bourse's boss Julia Hoggett reckons she can turn it around.
Why 2023 has been a year to forget for the London Stock Exchange and the capital’s equity markets September 2, 2023 Take-privates and secondary listings have damaged the reputation of the London Stock Exchange. How did we get here?