British real estate investor Peel Holdings Group Ltd. said Friday that a subsidiary has agreed to acquire property developer Harworth for £631.7 million ($836.1 million) after Harworth dropped its opposition to the "best and final" all-cash offer.
British real estate investor Peel Holdings Group Ltd. said Friday that a subsidiary has agreed to acquire property developer Harworth for £631.7 million ($836.1 million) after Harworth dropped its opposition to the "best and final" all-cash offer.
Scottish oil producer Capricorn said Friday it has agreed to be acquired by London-based Genel Energy for approximately $436 million, scrapping its recent backing of a $396 million bid from Norway's DNO ASA.
Energy investor SDCL said Friday that Saba, its largest shareholder, wants to add its founder to SDCL's board after the income trust announced intentions to wind down, marking the activist investor's latest attempt to gain board control.
Dublin-based power management company Eaton said Friday it has agreed to purchase Italian electric company COL Group from Oaktree Capital Management for an enterprise value of €810 million ($923 million).
The European Union's banking regulator Thursday urged the European Commission to tighten rules on stablecoins and bring lending and decentralized finance platforms under the bloc's crypto rules.
United Kingdom antitrust officials threatened Friday to launch an in-depth probe into Macquarie Asset Management's planned purchase of the country's largest analog gas metering service company for commercial customers, unless they address concerns about overlap with another gas metering company in which Macquarie has a controlling interest.
Civil rights and public interest groups have told a California federal court the settlement ending a challenge of Paramount Skydance's purchase of Warner Bros. Discovery fails to address the concerns state enforcers raised in the first place.
The former directors of a garlic spread and bread manufacturer have denied concealing unsafe food practices before its sale, arguing that isolated problems were corrected and did not amount to breaches of food safety regulations.
An incense company's new owner has accused its former directors of misappropriating over £1 million ($1.3 million) in funds and stripping the business of an unlawful £3.6 million dividend prior to the sale.
The past week in London has seen Glencore Energy sue a refinery for allegedly defrauding it out of more than $236 million worth of crude oil, the former CEO of ankle-tag maker Big Technologies file a defamation claim against the company, and property investment group Hunter Jones hit by a claim from the Financial Conduct Authority.
Walker Morris LLP said Friday that it has hired DLA Piper's former U.K. equity capital markets co-head to strengthen its capabilities in complex transactions.
