Financial technology business Airtel Money said on Thursday that it is aiming for a £5.3 billion ($7 billion) market capitalization when it earns its place on the main market of the London Stock Exchange, sending a signal that the IPO market could be reopening.
Financial technology business Airtel Money said on Thursday that it is aiming for a £5.3 billion ($7 billion) market capitalization when it earns its place on the main market of the London Stock Exchange, sending a signal that the IPO market could be reopening.
German healthcare company Fresenius said Thursday it has acquired full ownership of a Spanish biopharmaceutical business for up to €750 million ($847 million) in a deal that will allow it to develop, manufacture and sell biopharmaceutical drugs.
The parent company of Brazil's Nubank has said it is not pursuing a takeover of Monzo, in response to media speculation of a £10 billion ($13 billion) takeover of the British digital bank.
Zurich said Thursday that it has completed its £8.2 billion ($10.8 billion) cash takeover of British insurer Beazley PLC, paving the way for a global specialty insurer expected to generate billions of dollars in premiums.
Aimia Inc. said Thursday its shares have been admitted to London's Alternative Investment Market, a move the Canadian conglomerate anticipates will attract new investors and boost its liquidity.
Britain's competition regulator said Thursday it has cleared the planned acquisition by E.ON SE of retail energy supplier Ovo after carrying out an initial probe into the transaction.
