Daniel Křetínský clears final regulatory hurdles for £3.6bn takeover of Royal Mail parent company Business live – latest updates The £3.6bn takeover of Royal Mail’s parent company will be completed this month, nearly a year after it was...
Icelandic brothers’ ready meal firm Bakkavor to be taken over by sandwich maker Greencore Business live – latest updates Two Icelandic brothers, described as “business Vikings”, are in line to make millions after their ready meals...
Childhood friends sell upmarket brand to Unilever, the maker of Marmite, Dove soap and Lynx deodorant Business live – latest updates A pair of UK entrepreneurs selling refillable deodorant cases and manuka honey lip balms made from...
Under terms of deal with Hobbycraft owner, 233-year-old brand will become TGJones What does WH Smith’s new high street name TGJones actually mean? Business live – latest updates WH Smith is to sell its 480 high street stores to the...
Alphabet’s acquisition of Israeli startup for $32bn follows rejection of takeover bid last summer Business live – latest updates Google’s owner, Alphabet, has agreed to buy the cybersecurity group Wiz for $32bn (£24.7bn), the biggest...
Is the chancellor just tweaking, or is she rewriting the definition of ‘anti-competitive’ under consumer’s noses? Another day, another trip to Downing Street for the nation’s regulatory chiefs as the chancellor attempts (again) to...
Chief executive says sales figures are down by more than a fifth but its brands still carry ‘significant potential’ Business live – latest updates The online fashion retailer Boohoo is to rename itself Debenhams, the department store...
Alteri and Modella Capital are the only two parties remaining in talks, according to Sky News There are only two buyers left in the race to buy retailer WH Smith’s ailing high street division, according to a report. The retail group...
Sale of Walgreens Boots Alliance to Sycamore Partners will mean further uncertainty for pharmacy chain staff The US owner of Boots is to be taken private in a $10bn (£7.8bn) deal that will mean further uncertainty for thousands of...
Owner Pepco Group considers ‘all strategic options’ amid ‘increasingly challenging UK retail landscape’ Business live – latest updates Poundland is to be put up for sale after the owner of the UK cut-price retail chain said it faced...
New York-listed Capri could reportedly agree to sell the brand back into Italian ownership this month Prada is in talks to buy the Versace fashion brand from the US investor Capri Holdings for a price that could reportedly reach nearly...
Food delivery group’s board approves takeover by investor in German rival Delivery Hero Business live – latest updates The food delivery business Just Eat Takeaway.com has been snapped up by an investor in its German rival Delivery Hero...
Maker of ChatGPT rebuffs consortium led by Tesla owner and rejects ‘latest attempt to disrupt his competition’ OpenAI on Friday rejected a $97.4bn bid from a consortium led by billionaire Elon Musk for the ChatGPT maker, saying the...
Potential buyer would want only about 250 outlets, retail specialists say, raising prospect of major job losses At least half of WH Smith’s 500 high street stores could be closed by any new owner, industry experts say, raising the...
It should be the GKN Automotive owner taking over its US rival American Axle, not the other way around US rival agrees £1.2bn deal for UK car parts firm in new hit to LSE There goes another hidden gem of the UK stock market, and the...
American Axle and Manufacturing’s acquisition of Dowlais follows exodus of London-listed companies in 2024 Nils Pratley: Dowlais deal shows UK stock market crisis is getting worse The British car parts maker Dowlais has agreed to a...
Esyasoft to acquire UK company, which supplies renewable power to about 245,000 households and businesses Business live – latest updates A British green electricity supplier, Good Energy, has agreed a near-£100m takeover by a company...
Massachusetts-based company is working on new treatments for gastrointestinal cancers Business live – latest updates GSK has struck a deal worth up to $1.15bn (£950m) to acquire a Massachusetts-based developer of rare cancer therapies,...
Around-the-clock work will be commonplace to tackle an M&A surge fuelled by tax changes, activist investors … and the Trump factor Whether they’re on skis or a sunlounger, there is no beach, mountain or fireside that can spare...
British clothing and home furnishings brand sold by Gordon Brothers to Marquee Brands Laura Ashley has been acquired by New York-based Marquee Brands, the owner of 17 businesses including Ben Sherman and Martha Stewart. The clothing and...
Hedge fund D.E. Shaw has amassed a $1 billion stake in the industrial gas giant and is looking to make big changes to the company's board and operating model.
The about face comes as the board grapples with the activist's efforts, and just days before Starboard's Jeff Smith was slated to meet with the CEO, sources said.
Starboard's stake comes amid a time of struggle at the drugmaker, which has begun to cut costs aggressively as demand for its Covid-19 medicines recedes.
British retail investing app Freetrade has entered into an agreement with Australian rival Stake to take on all of the company's U.K. clients and their assets.
Rick Heitzmann, FirstMark Capital founder & partner, joins 'Fast Money' to talk tech investing after the Fed's rate cut announcement, the state of the IPO market and more.