The board of budget airline easyJet said Monday that it has rejected a "highly opportunistic" £4.74 billion ($6.3 billion) cash bid from alternative investment firm Castlelake after it had already batted away two earlier proposals.
The board of budget airline easyJet said Monday that it has rejected a "highly opportunistic" £4.74 billion ($6.3 billion) cash bid from alternative investment firm Castlelake after it had already batted away two earlier proposals.
Actimel owner Danone SA said Monday that it has agreed to acquire Made Group, an Australian maker of health drinks, and to buy full ownership of a fresh dairy joint venture in a bid to expand into the high-protein market in the Asia-Pacific region.
Southern Water said Monday that it has secured a £300 million ($398 million) investment from a consortium of infrastructure investors as part of a bigger £1.2 billion input from asset management giant Macquarie Asset Management.
Building materials supplier CRH said Monday that it will acquire infrastructure products maker Arcosa in an all-cash deal valued at about $8.5 billion, with three law firms advising.
Prime Minister Keir Starmer announced plans on Monday to step down after losing the support of the Labour Party for him to stay on, clearing the way for former Manchester mayor Andy Burnham to launch his bid for the top job.
U.K. car hire company NRG said Monday that it has agreed to acquire Paragon Banking Group's specialist vehicle and fleet subsidiary for £85.6 million ($113.3 million) as it seeks to expand the business.
BATM on Monday said it has agreed to sell three peripheral business operations and a large shareholding for a combined total of $36.6 million, looking to accelerate its focus on networking, encryption and cybersecurity.
A property development company isn't entitled to £33.5 million ($44.7 million) in tax relief claimed on payments made to a lender because there wasn't a strong enough causal link between the payments and its borrowing arrangements, a London tribunal ruled Monday.
A food investment company has sued the former directors of a garlic spread and bread manufacturer in London, alleging they fraudulently misrepresented the company's compliance with food safety laws before its sale while concealing practices such as using moldy cloves in production and storing bread outdoors.
Technology Minerals said Monday it has conditionally raised £2.085 million ($2.8 million) through a placing and subscriptions in order to strengthen domestic resource security and support its battery metals exploration and recycling activities.
The Treasury has updated its list of countries at high risk for money laundering and terrorist financing, telling companies to enhance due diligence for transactions involving Iraq and Bosnia and Herzegovina while removing Algeria and Namibia from the list.
