Equals finally strikes £283m takeover deal with Lord Hammond-led group Fintech Equals Group is set to merge with the payments firm chaired by Lord Hammond after striking a £283m takeover deal today, potentially drawing a line under a protracted period of talks that has dragged on for more than a year. The Aim-listed payments outfit, which first addressed a potential takeover by a separate group of [...]
New jobs for former Chancellor Philip Hammond and Labour’s Iain McNicol Business The former Chancellor and the former general secretary of the Labour Party Lord Iain McNicol have joined the board of a tax consultancy
Philip Hammond: Former chancellor’s Railsr and Towerbrook raise offer for Equals Group Tech Equals has extended the deadline, which has already been extended multiple times, to 7 August 2024 to give more time for considering the offer and completing the checks.
How the seven Conservative Chancellors since 2010 will be remembered July 2, 2024 City A.M.’s guide to each of the seven Tory chancellors since 2010 and how their policies will be remembered by political history.
Equals: Payments fintech extends deadline for merger talks with MDP, Railsr and TowerBrook April 17, 2024 Equals has again extended a deadline for formal takeover offers as the fintech payments group conducts a strategic review into its standalone prospects.
Philip Hammond’s Railsr floats merger with Equals Group March 20, 2024 Railsr, the fintech company chaired by former chancellor Philip Hammond, has pursued a merger with rival Equals Group.
Philip Hammond ‘dismayed’ by Tory shift to ‘populism’ October 18, 2023 Lord Philip Hammond said he has been “dismayed” by the “populist turn” the Conservatives took. The former Chancellor told City A.M. while he thought the party was now “heading in the right direction” he had been “dismayed by the populist turn” the Tories took. During an interview about his role as chair of crypto firm [...]
Sunak looks to control HS2 costs as backlash grows against plan to cut back project September 26, 2023 Rishi Sunak is reportedly aiming to control the spiralling cost of the HS2 railway line project, which could reach over £100bn.
Ex Chancellor Hammond criticises Sunak for sluggishness on Crypto October 28, 2022 Former Tory Chancellor Lord Philip Hammond has criticised Rishi Sunak for sluggishness on Crypto regulation. Theresa May’s money man hit out at Boris Johnson’s former chancellor calling on him to turn Britain in to a world leader in Crypto. Speaking to FN, he said he was a “little disappointed” the UK was so “far behind” [...]
Private equity firm set to finalise £200m deal to take over government contracts Amey Plc June 6, 2022 The London private equity firm that currently employs ex-Tory minister Philip Hammond is seeking to a finalise a deal to takeover one of Britain’s biggest civil engineering firms, Amey Plc. Buckthorn Partners, which took on Lord Hammond as a partner in 2020, has teamed up with US private equity firm One Equity Partners to buy [...]