Outsourcing giant OCS said Tuesday it has agreed to acquire U.K. rival Mitie Group PLC in an all-cash deal valuing the company's equity at £3.1 billion ($4.1 billion).
Outsourcing giant OCS said Tuesday it has agreed to acquire U.K. rival Mitie Group PLC in an all-cash deal valuing the company's equity at £3.1 billion ($4.1 billion).
Amazon founder Jeff Bezos and the U.K. government have joined investors injecting $450 million into CuspAI, as part of a coalition that is aiming to accelerate the discovery of advanced materials, the British artificial intelligence startup said.
The London Stock Exchange said Tuesday that it will allow worldwide investors to trade on its platform continuously from Monday to Friday to boost its appeal across global time zones.
Orrick Herrington & Sutcliffe LLP defeated a Nigerian tourism company's $74 million professional negligence claim over legal advice on an investment deal with The Carlyle Group, as a London judge ruled Tuesday that the claim was time-barred.
M&G said Tuesday that it has taken on £760 million ($1 billion) of pension plan liabilities from a retirement savings program sponsored by FTSE 100 engineering business Smiths Group, in a deal steered by Sackers.
Norway's Var Energi said Tuesday that it has agreed to acquire BlueNord in a deal valuing the Danish-focused oil and gas producer at about 12.8 billion Norwegian crowns ($1.3 billion), creating what Var said will be Europe's largest independent oil and gas producer.
Frasers Group, the owner of Sports Direct, said Tuesday it had increased its stake in Hugo Boss AG to more than 30%, clearing the mandatory threshold for its €2.57 billion ($2.93 billion) takeover bid that it disclosed in June.
Wise Group began a stock repurchase program on Tuesday of up to £405 million ($543 million), in a move expected to downsize the financial technology company's share capital.
