Frasers Group PLC said Thursday that it plans to launch a voluntary public takeover offer for all the shares of Hugo Boss AG that it does not already own for approximately €1.98 billion ($2.3 billion).
Frasers Group PLC said Thursday that it plans to launch a voluntary public takeover offer for all the shares of Hugo Boss AG that it does not already own for approximately €1.98 billion ($2.3 billion).
Credit provider IPF and U.S. specialist finance group BasePoint Capital said Thursday in a joint statement that they have received most of the required regulatory and antitrust clearances for their £543 million ($725 million) deal.
Intertek Group said Thursday that the Takeover Panel has granted private equity shop EQT more time to finalize its approximately £9.4 billion ($12.5 billion) proposal to acquire the quality assurance provider.
S&P knowingly generated artificially high credit ratings for risky securities to win business before the 2008 financial crisis, an investment company that acquired claims from several Bear Stearns funds alleged in a new court claim.
Squire Patton Boggs LLP has settled a claim in a London court that it caused a software company to lose £3.7 million ($4.9 million) through faulty advice on intellectual property ownership in a buyout of a rival.
NCC Group said Thursday that it intends to distribute £185 million ($247 million) to shareholders through stock repurchases, following the cybersecurity company's disposal of its software escrow unit Escode.
A global standard setter has urged financial institutions to manage artificial intelligence risks linked to third parties and incorporate human oversight into the effective use of AI, in a new consultation that looks at the responsible adoption of the technology.
