Private equity firm Cinven and investor La Caisse have agreed to acquire a majority stake in Optio Group Ltd., a specialty insurance managing general agent, from existing shareholder Preservation Capital Partners.
Private equity firm Cinven and investor La Caisse have agreed to acquire a majority stake in Optio Group Ltd., a specialty insurance managing general agent, from existing shareholder Preservation Capital Partners.
Frasers Group PLC said Tuesday that the European Commission has approved its €2.57 billion ($3 billion) takeover bid for German fashion giant Hugo Boss AG, making the offer unconditional.
Financial services group Tavistock Investments said Tuesday it has agreed to acquire a controlling stake in Plus Group, which provides agentic AI technology to U.K. advisory firms, for as much as £16 million ($21.3 million).
Glencore PLC's U.K. arm asked a London judge Tuesday to let it bring a claim against the collapsed former owner of one of the U.K.'s largest oil refineries, alleging it was defrauded out of $230 million worth of crude oil.
A Bridgepoint employee group has sold approximately 2% of the investment company's shares for around £62.4 million ($83 million) in a secondary share sale, broker BNP Paribas said Tuesday.
Inchcape PLC said Tuesday that it will add a £75 million ($100 million) share buyback to its existing £175 million program, increasing the vehicle distributor's repurchase program to £250 million.
