LV chairman Alan Cook opened the bidding process up to a swathe of suitors, and Royal London and Bain were the last two standing The private equity predator hoping to buy LV has warned members they may get nothing unless they back its £530million takeover. With just over two weeks to go to secure a … Read more
Ministers preparing to intervene in Nvidia’s £30bn swoop on Arm in move that could scupper controversial deal Culture Secretary will order an in-depth investigation into the deal The Competition and Markets Authority will carry out the probe Cambridge-based Arm has been owned by Japan’s Softbank since 2016 By Francesca Washtell For The Daily Mail Published: … Read more
Water companies ordered to slash customer bills by £67m next year after failing to meet regulator’s standards By Daily Mail City & Finance Reporter Published: 17:06 EST, 11 November 2021 | Updated: 03:22 EST, 12 November 2021 Falling standards: Water companies will be forced to slash bills by £67m next year Water companies will be … Read more
Subprime lender Provident Financial considers dishing out a bumper dividend as it says the end of furlough had a softer impact than expected Provident considering doling out 30% of its profit as dividends, update says Group says furlough end had less of an impact on unemployment than expected By Jane Denton For Thisismoney Published: 06:24 … Read more
Morrisons’ price tag set to soar over £7bn as Britain’s fourth biggest grocer goes up for auction By Tom Witherow For The Daily Mail Published: 17:06 EDT, 29 September 2021 | Updated: 17:06 EDT, 29 September 2021 An auction for Morrisons this weekend will send the supermarket’s price tag soaring above £7billion. The Takeover Panel … Read more
The firm, which has seen ‘significant’ investment via Barclays’ Sustainable Impact Capital initiative, expects to appoint corporate finance advisers in coming weeks.
Business bookings on Eurostar surged by almost two-thirds in September as face to face meetings returned By Daily Mail City & Finance Reporter Published: 16:50 EDT, 24 September 2021 | Updated: 16:50 EDT, 24 September 2021 Business travel bookings on Eurostar surged by almost two-thirds in September as face to face meetings returned. Ticket sales … Read more
WPP agrees to pay £14m to resolve bribery case with regulators in US By Francesca Washtell For The Daily Mail Published: 16:50 EDT, 24 September 2021 | Updated: 16:50 EDT, 24 September 2021 WPP has agreed to pay £14m to resolve a bribery case with regulators in the US. The world’s largest advertising agency was … Read more
Bulb Energy faces speculation it could be taken over by rival renewable supplier Octopus By Harriet Dennys, Financial Mail On Sunday Published: 16:51 EDT, 25 September 2021 | Updated: 04:41 EDT, 26 September 2021 Bulb Energy last night faced speculation it could be taken over by rival renewable supplier Octopus. The loss-making start-up, which supplies … Read more
Unilever adds more than £2bn to its value – its fastest weekly gain since April: But will it be forced into a radical shake-up? By Neil Craven, Financial Mail on Sunday Published: 16:50 EDT, 25 September 2021 | Updated: 04:48 EDT, 26 September 2021 Unilever last week added more than £2billion to its value – … Read more
Former Tesco boss Sir Dave Lewis to head firm that plans to lay thousands of miles of undersea cable to supply UK with renewable energy from Africa By Neil Craven, Financial Mail on Sunday Published: 19:02 EDT, 25 September 2021 | Updated: 04:54 EDT, 26 September 2021 Former Tesco boss Sir Dave Lewis is the … Read more
One of BT’s biggest shareholders throws its weight behind embattled telecoms operator after shares slumped over summer By Alex Lawson, Financial Mail On Sunday Published: 16:51 EDT, 25 September 2021 | Updated: 04:54 EDT, 26 September 2021 One of BT’s biggest shareholders has thrown its weight behind the embattled telecoms operator after its shares slumped … Read more
Owner of a mine that’s produced wedding rings for generations of Royals is splitting off iron ore and graphite operation into separate listed company By Neil Craven, Financial Mail on Sunday Published: 16:50 EDT, 25 September 2021 | Updated: 04:56 EDT, 26 September 2021 Royal tradition: Kate Middleton opted for a Welsh gold wedding ring … Read more