Italian lender UniCredit said Wednesday that it holds 49.65% of the voting rights in Commerzbank AG of Germany despite resistance from the German state about the approach.
Italian lender UniCredit said Wednesday that it holds 49.65% of the voting rights in Commerzbank AG of Germany despite resistance from the German state about the approach.
A former M&A solicitor at Goodwin Procter was charged with insider dealing Wednesday over allegations that he traded a British maternity wear company's stock while working on a deal to take the business private.
Alternative Income REIT urged shareholders on Wednesday not to respond to an increased takeover offer of £57.5 million ($76.9 million) from rival Glenstone, saying it offers only "a negligible premium" to the company's pre-offer share price.
The U.K.'s initial public offering market showed tentative signs of a rebound in the first half of 2026, despite relatively subdued recent activity, the consultancy arm of Ernst & Young said in research published Wednesday.
Real estate developer Urbas has admitted to defaulting on loan agreements but argued that a €189 million ($215 million) claim brought by a Luxembourg credit provider for repayment must be recalculated because PwC allegedly undervalued the shares appropriated by the lender as collateral.
France's top administrative court will ask the European Court of Justice to determine whether the country's taxes on share buybacks violate rules preventing indirect taxation of capital, according to a decision.
Retail properties developer Hammerson said Wednesday that it sold several non-core assets, including some in Dublin, Ireland, for £69 million ($92 million) to buyers including the Irish state transport infrastructure agency.
Jet2 PLC launched the first £125 million ($167 million) phase of a share buyback program worth up to £250 million on Wednesday as the airline and package holiday company reported record passenger numbers and revenue.
Insurance giant Aviva said Wednesday it has successfully completed its £350 million ($468 million) stock repurchase plan, which is expected to lower the company's share capital.
The U.K.’s recent free trade agreement with the Gulf Cooperation Council is expected to deliver U.K. businesses a competitive advantage, with simplified procedures and tariff removal across manufacturing, services and digital trade sectors, but navigating Gulf regional tensions and differing regulatory regimes will create challenges, say lawyers at King & Spalding.
