French multinational Schneider Electric said Thursday it plans to buy Bulgarian smart-home device maker Shelly Group in a cash deal worth approximately €1.2 billion ($1.4 billion), a deal it expects to improve how buildings monitor and manage energy use.
French multinational Schneider Electric said Thursday it plans to buy Bulgarian smart-home device maker Shelly Group in a cash deal worth approximately €1.2 billion ($1.4 billion), a deal it expects to improve how buildings monitor and manage energy use.
Glenstone said Thursday that enough Alternative Income REIT shareholders have backed its proposed £56.4 million ($75 million) takeover to allow it to proceed with delisting the company's shares from the London Stock Exchange.
AO World said Thursday it has completed the acquisition of camera retailer Jessops from "Dragons Den" star Peter Jones as the online electrical goods seller reported a strong performance amid tough market conditions.
British insurance investor PIB Group has said one of its portfolio companies has opened an office in New York, marking further U.S. expansion following a string of European acquisitions.
A banking trade body said Thursday that U.K. banks have completed the first live customer transactions using tokenized sterling deposits, in a major milestone for payments innovation.
Risk transfer transactions hit £10.2 billion ($13.5 billion) in the first six months of 2026, with small pension plans continuing to drive activity in the deals market, according to retirement savings consultancy Hymans Robertson.
The former chief executive of ankle tag maker Big Technologies has sued the company for defamation amid an ongoing £320 million ($423 million) dispute over allegations she diverted company funds and hid her involvement with shareholders.
