CMA launches probe into Vodafone and Three UK’s £15bn tie up October 11, 2023 Britain's antitrust watchdog is examining whether an £15bn tie-up between Vodafone and Three UK would substantially lessen competition.
Heathrow finally breaks post-pandemic record as chief steps down October 11, 2023 Heathrow Airport's passenger numbers surpassed pre-pandemic levels for the first time in September, marking a major milestone in its road to recovery.
Figma: Firm’s boss defends Adobe takeover as CMA probes £16bn deal October 10, 2023 The boss of Figma has sought to defend Adobe's takeover of the design platform as the UK's Competition and Markets Authority (CMA) probes the deal.
Metro Bank fundraise averts immediate threat – but what next? October 9, 2023 Metro Bank's emergency capital raise has reassured investors for the moment, but analysts warned the bank needed to develop a more convincing investment case if it is to survive.
Petrol forecourt owners bag £60m bonus as pump prices jack up profits October 9, 2023 Senior executives at Motor Fuel Group, the UK's largest independent forecourt operator, have raked in a bumper pay packet this year on the back of record profits.
CMA launches probe into £7.5bn UK cloud market following Ofcom study October 5, 2023 Britain's competition watchdog has launched an investigation into the UK's cloud market after an Ofcom study found competition issues.
Mark Kleinman: Ascential’s messy breakup, audit tensions and ARGA’s impasse October 5, 2023 Mark Kleinman, City editor of Sky News, writes weekly for City A.M. This week he talks Ascential, FCA tensions and the ARGA impasse.
Rio pins recovery hopes on mega Simandou iron ore project amid share price blows October 5, 2023 Could revive Rio Tinto's long-held ambitions of mining the world's largest untapped supply of high-grade iron ore revive its share price?
Hitachi’s £1.5bn Thales tie-up gets green light from CMA after proposed sell off October 4, 2023 The UK competition watchdog has given the green light for Hitachi’s £1.5bn takeover of Thales’ rail signalling interests, after the Japanese firm agreed to sell parts of its European mainline business. The Competition and Markets Authority (CMA) launched an investigation into the deal amid concerns that it would reduce competition in the supply of rail [...]
M&A is finally finding a way out of last year’s doldrums as pace of deals picks up October 3, 2023 There are signs of M&A green shoots with pace of dealmaking picking up after rising interest rates, market volatility and geopolitical tensions