A London court sanctioned North Sea oil company Waldorf Production's debt restructuring plan on Tuesday, rejecting HM Revenue and Customs' argument that the proposals would unfairly wipe out some £69.8 million ($95 million) in unpaid windfall tax liabilities.
A London court sanctioned North Sea oil company Waldorf Production's debt restructuring plan on Tuesday, rejecting HM Revenue and Customs' argument that the proposals would unfairly wipe out some £69.8 million ($95 million) in unpaid windfall tax liabilities.
Vodafone Group PLC will buy out CK Hutchison Holdings Ltd. for £4.3 billion ($5.8 billion) to become the sole owner of their £13.85 billion VodafoneThree U.K. telecoms joint venture, the companies said Monday.
Private equity group EQT said Tuesday it has raised its takeover bid for testing and inspection company Intertek to £58 ($78) per share in cash, intensifying pressure on the British company ahead of a looming regulatory deadline.
The owner of fashion brand AllSaints urged a London judge Tuesday to block the company's former chair from issuing new claims linked to his dispute about a 2011 agreement to sell his shares in the chain.
Margate Dreamland's operator has sued Cripps LLP for £3.4 million ($4.6 million), alleging the law firm misread a key part of its catering deal that left it unable to exit the agreement after Live Nation bought the popular seaside venue.
The former owner of a traffic management company has rejected claims he owes £6.2 million ($8.4 million) for misleading the buyer of the business about the status and decline of a major client relationship.
Bakkavor Foods Ltd. has completed a £160 million ($217 million) full scheme buy-in with its pension program, securing the retirement benefits of the plan's 2,216 members, U.K. pensions insurer Rothesay said Tuesday.
Westmount Energy Ltd. said Tuesday it is supporting Eco (Atlantic) Oil & Gas' proposed takeover of the privately held JHI Associates Inc., a company in which it has been a long-term stakeholder.
Artificial intelligence company RWS said Tuesday it has agreed to acquire intellectual property managing business Obviously for £40 million ($54 million) in a deal that will expand its footprint in the new £2 billion trademark and brand protection market.
Insurance giant Aviva has acquired specialist business DisasterCare Group, which connects insurers and customers with local disaster recovery and restoration suppliers.
Insurance broker WTW said Tuesday it has completed its acquisition of Cushon, a workplace pension and savings provider, from NatWest Group after getting the thumbs-up from the Financial Conduct Authority.
Bullish said Tuesday it has agreed to acquire Equiniti in a $4.2 billion transaction steered by three law firms, as the institutional digital asset platform aims to create a global transfer agent for tokenized securities.
Amrize confirmed on Tuesday that it will kick off a $1 billion share repurchase program after the building materials business reported improved revenue.
