Swedish private equity firm EQT said Monday that it has joined forces with the chair of Fortnox AB to make a takeover offer for the Swedish accounting software company, valuing it at 54.9 billion Swedish kronor ($5.5 billion).
Swedish private equity firm EQT said Monday that it has joined forces with the chair of Fortnox AB to make a takeover offer for the Swedish accounting software company, valuing it at 54.9 billion Swedish kronor ($5.5 billion).
Aston Martin said Monday that it is selling its stake in its Formula One team for approximately £74 million ($96 million) and will receive another £52.5 million from the company's executive chairman, who is increasing his stake in the British luxury car manufacturer.
The trustee of two Lloyds Banking Group pension schemes said Monday it has penned two insurance policies totaling £5.1 billion ($6.6 billion) with Rothesay Life PLC to cover the cost of unexpected increases in the life expectancy of their members.
Auto-parts maker and supplier TI Fluid Systems said Monday that the necessary procedures behind its takeover for more than £1 billion ($1.3 billion) by a Canadian rival, ABC Technologies Inc., goes ahead are "almost complete."
Keller Group PLC began a program on Monday to return up to £25 million ($32 million) to investors, the first phase of the company's multiyear share repurchase scheme that it recently unveiled after a strong performance in 2024.
Foresight Environmental Infrastructure Ltd. said on Monday it will boost its current £20 million ($26 million) share repurchase program to £30 million, which is expected to further lower the investment company's outstanding share capital.
Wickes Group PLC said Monday it has launched the first half of a share buyback scheme worth a total of £20 million ($26 million), as the U.K. home improvement retailer looks to reduce its share capital.
