Trustees of the pension plan of chemicals company Hickson International PLC have completed a bulk purchase annuity buy-in worth £208 million ($278 million), pension investor Royal London Group said Thursday.
Trustees of the pension plan of chemicals company Hickson International PLC have completed a bulk purchase annuity buy-in worth £208 million ($278 million), pension investor Royal London Group said Thursday.
Property investor Hammerson said Thursday that it has bought a 50% stake in a shopping center in Manchester for £218 million ($291 million) and has launched a £190 million equity issue to help pay for the acquisition.
French technology consultant Sopra Steria has filed the latest in a string of legal challenges against the U.K. government over its failed bid to secure a £1 billion ($1.3 billion) HR systems contract.
Group 1 Automotive said Thursday it has agreed to acquire the dealership assets and real estate of Hennessy Automobile Cos. in a transaction valued at about $1.3 billion, with Hill Ward Henderson and Vinson & Elkins LLP guiding Group 1, and Holland & Knight LLP advising Hennessy.
Online payment company QuidPay on Thursday won its bid to get back funds worth more than $12 million held by a fintech platform, with a London judge finding the platform could not hold the funds as a reserve after contracts were terminated.
Shaires Holdings Ltd. said Thursday that it has raised $28.5 million from institutional shareholders to invest in private artificial intelligence and technology companies, including OpenAI and Anthropic.
British oil company Perenco is entitled to tax allowances of £39 million ($52.5 million) on the purchase of BP oilfields even though it agreed to sell part of the sites to Premier Oil days later, a London tribunal ruled, rejecting a challenge by HM Revenue & Customs.
Shell began a $4.2 billion share buyback program on Thursday, resuming its plan to reduce its share capital after ARC Resources shareholders approved the British energy giant's $13.6 billion acquisition of the Canadian company.
London Stock Exchange Group PLC began a stock repurchase program of up to £700 million ($940 million) on Thursday as the bourse owner disclosed a sharp jump in pretax profit for the first half of 2026.
