Capital markets experts are urging the chancellor to scrap "restrictive" taxes on investors to help boost the global competitiveness of the London Stock Exchange as Andy Burnham's government prepares to deliver its first Budget.
Capital markets experts are urging the chancellor to scrap "restrictive" taxes on investors to help boost the global competitiveness of the London Stock Exchange as Andy Burnham's government prepares to deliver its first Budget.
Britain's antitrust regulator said Monday that it has launched a probe into the proposed £232 million ($317 million) take-private acquisition of financial services provider Ramsdens by FirstCash, a U.S. pawnshop company.
Investment company Foresight Environmental Infrastructure said Monday it has sold its remaining 49% stake in a portfolio of six industrial facilities to a partner, Future Biogas, for £104 million ($139 million).
Insurance giant AmTrust said Monday it has bought Wakam, in a deal guided by Bredin Prat, after French authorities temporarily blocked the troubled European insurer from writing more business because of its solvency woes.
Marine infrastructure company Endúr ASA said Monday that its subsidiary BMO Entreprenør AS has agreed to acquire steel products fabricator Notech AS for 120 million Norwegian kroner ($12.8 million), bringing the supplier under its umbrella.
Renewable energy technology company 3E said Monday that it has secured "a majority investment" from private equity firm Hg in a deal in which HgCapital Trust PLC will also invest approximately £6.1 million ($8.1 million).
Aerospace drilling company Tek4 began trading its shares Monday on London's Alternative Investment Market after an initial public offering that valued the business at £42 million ($56 million).
Property investor CLS said Monday that it expects to leave the REIT regime at the end of the year because a change in its share ownership means it will no longer meet the regime's ownership requirements.
