Getty Images opted to abandon its plans to buy Shutterstock rather than sell its rival's editorial arm, in what United Kingdom antitrust enforcers cast as a course reversal after the companies had previously offered up the divestiture to address concerns that the $3.7 billion merger threatened news content competition.
Getty Images opted to abandon its plans to buy Shutterstock rather than sell its rival's editorial arm, in what United Kingdom antitrust enforcers cast as a course reversal after the companies had previously offered up the divestiture to address concerns that the $3.7 billion merger threatened news content competition.
Shareholders in a sports investment firm that indirectly owns an Indian cricket club allege the business is forcing them to sell their shares for £1 ($1.32) each, saying it breached company rules by allowing its managing partner to invest in the U.S. National Cricket League.
The Associated Board of the Royal Schools of Music has completed a £35 million ($46.4 million) full buy-in to secure the retirement benefits of all 253 members of its U.K. retirement savings plan, Pension Insurance Corp. PLC said Wednesday.
Online fashion retailer Asos PLC said Wednesday that it has agreed to a £48 million ($63.6 million) deal for the transfer of the lease on its Atlanta warehouse and the sale of the site's automation equipment.
Amcomri, a specialist engineering services and industrial manufacturing group, said Wednesday that it has sold its adhesive tape-making business to Polish company Dalpo for at least £10.1 million ($13 million).
BRCK Group, a construction materials distributor, said Wednesday that it has completed the acquisition of steel fencing supplier Jacksons for approximately £31 million ($41 million) as it aims to expand its products and services.
Croma Security said Wednesday it has completed the £6.5 million ($8.6 million) sale of its subsidiary Vigilant after it got the final £440,064 payment under the transaction, completing the deal that was announced three years ago.