The government has proposed a radical shake-up of the Competition and Markets Authority's merger review process to promote competitiveness, including measures to ditch independent decision-making panels, limit jurisdiction over deals and allow companies more time to find fixes for antitrust concerns.
The government has proposed a radical shake-up of the Competition and Markets Authority's merger review process to promote competitiveness, including measures to ditch independent decision-making panels, limit jurisdiction over deals and allow companies more time to find fixes for antitrust concerns.
GSK PLC said Tuesday it has agreed to acquire U.S.-based Rapt Therapeutics Inc. in a deal valued at $2.2 billion, in a bid to strengthen the British drugmaker's portfolio of respiratory, immunology and inflammation medicines.
British publisher and events company Informa PLC said Tuesday that it will return at least £200 million ($269 million) to its shareholders in 2026 through a share buyback program as it reported "strong trading through 2025."
British hydraulic and pneumatic products maker Flowtech said Tuesday that it has agreed to acquire Dutch pneumatic and compressed air specialist business Q Plus for approximately €5.9 million ($7 million), expanding its footprint in Europe.
Pension Insurance Corp. said Tuesday that it has completed a £37.5 million ($50.5 million) bulk annuity buy-in with the Dr. Martens Airwair Group Pension Plan, securing the benefits of all 455 members of the shoemaker's defined benefit scheme.
Predator Oil & Gas Holdings PLC said Tuesday it has conditionally placed shares to raise £4.5 million ($5 million) to help fund its operations in Trinidad and Morocco.
Independent insurance intermediary Clear Group has acquired Shire Insurance Services Ltd., a specialist broker operating in the U.K. veterinary sector.
Retail giant J Sainsbury PLC said Tuesday that it has wrapped up a buyback program worth £92 million ($124 million), with the sole aim of reducing its share capital.
