Small trust worth £30m moves in for £600m Abrdn Asia Dragon Investment trusts In a stock exchange announcement, Ashoka's trust said it had put forward a proposal to merge the two trusts, with the option of a cash exit of up to 50 per cent for Asia Dragon shareholders.
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Regulator hits KPMG and partner with near £2m in sanctions over M&C Saatchi scandal BIG FOUR The accountancy regulator has fined KPMG and a partner over its audit of advertising agency M&C Saatchi. Back in 2019, the Big Four firm resigned as the ad giant’s auditor amid an accounting scandal which saw the company set aside £6.4m after it had spotted an error in its accounts. The business had also overstated [...]
M&G injects £31m into holographic car display firm Envisics September 7, 2023 Global investor M&G has given a $40m (£31.9m) boost to Envisics, an augmented reality firm, to help grow their holographic car displays.
Indian clothing tycoon who supplies Uniqlo, Decathlon and H&M buys Notting Hill home for £21m September 13, 2024 The owner of India’s largest clothing exporter has paid £21m for a home in Notting Hill in one of the UK’s biggest residential property deals this year. Harish Ahuja, owner and managing director of Shahi Exports, purchased the eight-storey property, which is more than 20,000 sq ft in July, according to a UK filing first [...]
Ralph Nader: I’m backing the Democrats but I’m not backing Joe Biden – interview November 23, 2023 The 1960s social justice warrior became an enemy of both Republicans and Democrats after his presidential bid. He talks to Steve Dinneen about his new business book, and why ‘you just have to keep going’
EMEA M&A Outlook: Optimism and Opportunity January 15, 2024 M&A in the EMEA region seemed to have bottomed out in Q1 2023 and H2 slowed after a bustling Q2. But the outlook remains relatively optimistic and opportunities appear to be out there for dealmakers this year. Factors affecting M&A The past year saw multiple interest rate hikes, and the European Central Bank’s (ECB) efforts [...]
Stairlift tycoon takes £48m dividend July 2, 2024 Discover the success story of John Jakes, founder of a stairlift company, who's taken a total of £250m in payouts over the past decade.
What’s on the Horizon for EMEA M&A in 2024? December 29, 2023 Follow Datasite on LinkedIn One of the pressing questions for dealmakers is, will M&A bounce back in 2024? While few expected to see the heady highs of 2021 in EMEA in 2023, there was a persistent optimism that the year would produce some good numbers. Unfortunately, that hasn’t happened: at Q3, the region saw [...]
How is technology changing M&A? September 13, 2023 Technology is constantly evolving, offering new tools, inspiring best practices, and creating benefits for today’s dealmakers. And it’s completely changing the way M&A is being done. Doug Cullen, Chief Product and Strategy Officer for Datasite, recently spoke with Alex Clemente, managing director for HBR Analytics Services, about how technology is impacting M&A. How has M&A changed how [...]