German private equity firm Mutares said Thursday that it will buy the European and American thermoplastics business of Sabic, a Saudi Arabian chemicals heavyweight, for $450 million in the largest transaction it has ever made.
German private equity firm Mutares said Thursday that it will buy the European and American thermoplastics business of Sabic, a Saudi Arabian chemicals heavyweight, for $450 million in the largest transaction it has ever made.
Palace Capital PLC hit back on Thursday against a call by its largest shareholder to remove the U.K. real estate investor's executive chair over concerns about his "excessive" salary and leadership as the business winds down.
The antitrust authority said Thursday that it has agreed to accelerate its formal investigation into the proposed acquisition of British breadmaking company Hovis by Associated British Foods PLC, which already owns Kingsmill, another rival bread brand.
British technology company Computacenter PLC said Thursday that it has agreed to acquire a professional services business based in the U.S., AgreeYa Solutions Inc., for up to $120 million to boost its cloud, automation and artificial intelligence capabilities.
Pension Insurance Corp. PLC said Thursday it has completed a £155 million ($208 million) bulk annuity buy-in to secure the retirement benefits for members of the pensions program of NG Bailey, a U.K. engineering consultancy.
The total volume of mergers and acquisitions announced in the insurance distribution sector in 2025 fell to its lowest level in almost a decade amid fewer potential buys for companies in the market, MarshBerry has said.
Softcat, a provider of IT infrastructure products and services, said Thursday that it has begun a stock repurchase program of up to £45 million ($60.5 million) in a move that it expects will lower its share capital.
ECR Minerals PLC said Thursday it has conditionally raised £1.5 million ($2 million) by way of a share sale to finance its gold production and exploration strategy.
The Competition and Markets Authority’s recently launched consumer protection drive targeting banned online sales practices focuses on supporting compliance rather than on enforcement, although firms should expect this to change once businesses have had time to adapt to the regulator's new regime, say lawyers at Baker Botts.
