The U.K.'s antitrust authority said Thursday that it has provisionally found that Getty Images' planned $3.7 billion acquisition of Shutterstock could harm the supply of editorial images in Britain.
The U.K.'s antitrust authority said Thursday that it has provisionally found that Getty Images' planned $3.7 billion acquisition of Shutterstock could harm the supply of editorial images in Britain.
Sports betting company Spreadex urged the Competition Appeal Tribunal on Thursday to quash an order forcing it to sell a business it acquired in 2023, saying it was wrong to find that the merger would threaten competition.
The Financial Conduct Authority will seek to make fewer new rules on the sectors it regulates, its chief executive has said, amid political pressure on the watchdog to do more to support U.K. economic growth.
Negligent advice from Womble Bond Dickinson during a £126 million ($170 million) luxury London property redevelopment caused the deal to collapse, lawyers for two business people and a management company said on the first day of a High Court trial on Thursday.
The European Union markets watchdog proposed Thursday to simplify guidelines on delaying disclosure of inside information under the market abuse regime, in order to reduce the burden for companies listing on stock exchanges.
Commercial property company PPI said it has raised approximately 22.5 million Norwegian krone ($2.35 million) in an equity offering to fund the 34 billion krone acquisition of a portfolio of social infrastructure properties.
Liberty Global has agreed to acquire Vodafone Group PLC's 50% stake in the Dutch telecommunications joint venture VodafoneZiggo for €1 billion ($1.2 billion) in cash and a minority stake in a new West European company.
Boohoo Group, which trades as Debenhams Group, said on Thursday that it had raised about £40 million ($54 million) in an oversubscribed sale of shares geared toward creating additional liquidity.
Global alternative asset manager ICG PLC said Thursday that it will launch a share repurchase program of up to £316 million ($425.5 million) next week in a move to lower its share capital.
The Department for Business and Trade’s planned overhaul of the Competition Market Authority’s regime will introduce a series of targeted procedural changes aimed at improving efficiency and engagement, raising questions around procedural safeguards and jurisdictional thresholds, say lawyers at Baker Botts.
