Global fast-fashion giant Shein began the process Monday for a Hong Kong initial public offering that could value the company at $27 billion after regulatory hurdles and trade tensions derailed plans to list in the U.S. and U.K.
Global fast-fashion giant Shein began the process Monday for a Hong Kong initial public offering that could value the company at $27 billion after regulatory hurdles and trade tensions derailed plans to list in the U.S. and U.K.
Insurance intermediary platform ANV said Monday it has agreed to acquire a motor warranty business from AmTrust Financial Services Inc. for an unspecified amount.
Activist investor Saba said Monday it plans to appoint three new directors to take control of a major Baillie Gifford investment trust, and will encourage the directors if they are elected to offer shareholders a full cash exit at or near the net asset value of the trust.
Commercial insurance broker Clear Group said Monday that it has acquired specialist Lloyd's wholesale broker Newman Pearce & Partners LLP to strengthen its presence in the London and international markets.
Tracsis PLC said Monday that it has completed its £48 million ($65.5 million) acquisition of Mistral Data, which the transport technology provider expects will strengthen its position in Britain's rail software market.
Telecom Egypt has moved up to the FTSE Russell emerging markets index, upgrading from the small- to the mid-cap section within London's global equity benchmark series.
Banco Santander SA said Monday that it will reduce its share capital by just over 3% after it finalized a share buyback program worth €5.03 billion ($5.86 billion).
Proposals by the Financial Conduct Authority to streamline how financial services platforms disclose investment costs to consumers add "complexity and inconsistency" that might make it harder for Britons to make informed decisions, a trade group has said.
Paul Denham, head of Morgan Lewis' London finance practice group, discusses why working with nurturing partners helped him understand what good leadership should look like, how a Formula 1 financing transaction allowed a personal interest to cross into his day job, and the importance of being willing to adapt as markets change.
