Financial technology company TruFin said Thursday that it has agreed to sell game developer Playstack Ltd. to a subsidiary of U.S.-based Integrated Media Co. Group at an enterprise value of £125 million ($168 million).
Financial technology company TruFin said Thursday that it has agreed to sell game developer Playstack Ltd. to a subsidiary of U.S.-based Integrated Media Co. Group at an enterprise value of £125 million ($168 million).
The U.K. has topped mainland Europe as the leading destination for foreign investment in financial and professional services despite Brexit and global volatility, the governing body of the City of London said on Thursday.
Standard Life PLC has said it has insured £200 million ($268 million) of the liabilities of its own staff pension program, in a deal guided by Linklaters.
Remedies proposed by Welltower Inc. might alleviate antitrust concerns about its $14 billion acquisition of several U.K. care homes, Britain's competition authority said Thursday.
The antitrust watchdog said Thursday that it has softened its stance on the planned takeover by Kingsmill owner Associated British Foods of rival bread-maker Hovis after a review suggested a merger is now less likely to worsen competition in Northern Ireland.
Semiconductor components maker Semco said Thursday that its majority shareholder ECM Technologies has sold €50 million ($58 million) of its shares, decreasing its stake in the company.
Most U.K. defined benefit pension programs have now decided their long-term plans for their eventual managed wind-downs, including buyouts by insurance groups, an Aon PLC report showed on Thursday.
U.K. Chancellor of the Exchequer Rachel Reeves announced plans Thursday to restrict offshore tax planning by energy multinationals as part of a series of fiscal measures, including cuts to fuel duty and value-added tax.
Coastal Africa Group Ltd. said Thursday that it aims to seek admission to trade on London's junior Alternative Investment Market early in June as the energy-focused company looks to tap into the potential in the West African oil and gas sector.
QinetiQ Group PLC said Thursday that it will extend its existing share repurchase program by an additional £200 million ($268.5 million) to £550 million, strengthening its returns to investors.
