Credit provider International Personal Finance said Tuesday that it will delay a vote by shareholders on its proposed takeover for £543 million ($742 million) by U.S. specialist finance group BasePoint Capital after an investor voiced opposition to the deal.
Credit provider International Personal Finance said Tuesday that it will delay a vote by shareholders on its proposed takeover for £543 million ($742 million) by U.S. specialist finance group BasePoint Capital after an investor voiced opposition to the deal.
Housebuilder Vistry Group PLC has finalized a £155 million ($212 million) pension buy-in with Pension Insurance Corp. to secure the benefits of 1,671 members, the insurer said Tuesday.
BP said Tuesday that it is suspending its share buyback program and will instead use the cash to reduce its net debt to strengthen its balance sheet, as the oil and gas giant reported a fall in its profit in 2025.
An arts-based university in the U.K. has finalized a £12 million ($16 million) bulk purchase annuity buy-in with Just Group, consultancy First Actuarial said Tuesday.
The U.K. pension deals market is likely to hit £70 billion ($95.6 billion) in transactions in 2026, an insurance brokerage firm said Tuesday, despite headwinds from possible regulatory intervention.
Software provider Eleco said Tuesday it has snapped up Kivue Ltd. in a deal worth more than £2 million ($3 million), in a move aimed at expanding its business.
Barclays said Tuesday that it will run a share buyback program of up to £1 billion ($1.37 billion) as part of its 2025 returns for shareholders as the British lender disclosed strong financial performance for the year.
Europa Oil & Gas said Tuesday that it has conditionally raised approximately £3.5 million ($4.8 million) through a sale of shares, which it plans to use on drilling and working capital.
Lloyds Banking's recent purchase of gilt with tokenized deposits is an example of banks' preference for the instrument over stablecoins, which present uncertainty by demanding compliance with multiple conduct regimes, says Dan Jones at MoFo.
