African financial technology company Airtel Money said Wednesday that it plans to list on the London Stock Exchange's main market, in a move that could help revive the moribund U.K. IPO market.
African financial technology company Airtel Money said Wednesday that it plans to list on the London Stock Exchange's main market, in a move that could help revive the moribund U.K. IPO market.
Arcadis reiterated Wednesday that rival WSP's estimated €4.7 billion ($5.4 billion) takeover offer undervalued the Dutch engineering consultancy, a day after the Canadian bidder said it would not pursue its proposal.
Royal Caribbean Group said Wednesday it has agreed to invest about $3 billion for a 50% stake in a joint venture with Sandals Resorts, expanding the cruise operator's business into the all-inclusive resort market.
BTG said Wednesday it has agreed to acquire Hornbeam CPAM Ltd., a property and asset management business, for up to £4 million ($5 million), as the U.K. advisory group moves to expand its real estate operations.
Big Yellow said Wednesday it has agreed to sell an industrial estate in the south of England for £6.3 million ($8.4 million), marking the self-storage giant's latest asset disposal.
Britain needs to move "much faster" to create the conditions for artificial intelligence and the digitalization of shares and bonds to scale in wholesale markets, the Financial Conduct Authority's chief executive has said.
FedEx and U.S. private equity firm Advent International said Wednesday that their approximately €7.8 billion ($8.9 billion) offer to acquire parcel locker business InPost has cleared all the necessary conditions required for the transaction.
A London court has given the green light for Zurich's £8.2 billion ($10.9 billion) cash takeover offer for Beazley, the British insurer has said, clearing the way for the deal to wrap up in October.
JMG Group said Wednesday that it has appointed its first general counsel and a new chief financial officer to support its growth plans under new ownership, following a summer in which it bought seven regional insurance brokers.
