Apollo Global Management has agreed to acquire easyJet for approximately £5.7 billion ($7.7 billion), the companies said Thursday, ending a bidding contest with private equity firm Castlelake for the U.K. budget airline.
Apollo Global Management has agreed to acquire easyJet for approximately £5.7 billion ($7.7 billion), the companies said Thursday, ending a bidding contest with private equity firm Castlelake for the U.K. budget airline.
British real estate investor Peel Group said Thursday it has made a cash offer to take full control of Harworth in a deal that values the property developer at £583 million ($784 million).
A London court stayed an English claim arising from the enforcement of a Dutch lingerie retailer's €272.5 million ($314 million) debt, ruling Thursday that it substantially overlaps with an earlier New York action involving the same underlying dispute.
The chief executive of Integrated Diagnostics now holds just under 57% of the shares in the London-listed business after launching a mandatory $290.7 million cash takeover in June, the company said Thursday.
Warehouses owner Tritax Big Box said Thursday it has raised £350 million ($471 million) by selling new shares to investment companies and individual investors, as well as its own directors, to fund data center development projects in the U.K.
L&G expects the value of the U.K.'s pension risk transfer market to come in below £50 billion ($67 billion) in 2026, citing a quieter first half to the year and a slower pace of large transactions.
Publishing software firm Ingenta unveiled Thursday its acquisition of FirstAida Ltd. in a deal worth up to £2.3 million ($3 million), a move it says will strengthen its offering.
Engineering business IMI kicked off a stock repurchase scheme of up to £250 million ($337 million) on Thursday, the second part of its $500 million share buyback program that began earlier this year.
The U.K. Supreme Court’s recent landmark judgment in Saxon Woods sends a clear message to businesses that a director's conduct must withstand objective scrutiny, affirming that even if an individual believes they are acting in the company's best interests, they cannot deceive fellow board members, says Richard Clayman at Kingsley Napley.
