Luxembourgish property investor Aroundtown SA said Wednesday that it will buy additional shares in domestic rival Grand City Properties SA to bring its shareholding up to 89.5%.
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TOP NEWS

Taylor Wessing Leads Aroundtown's Grand City Properties Buy

By Najiyya Budaly

Luxembourgish property investor Aroundtown SA said Wednesday that it will buy additional shares in domestic rival Grand City Properties SA to bring its shareholding up to 89.5%.

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Marketer Dotdigital Buys Shopify Pop-Up Biz For Up To $60M

By Tom Fish

Automated marketer Dotdigital Group PLC said Wednesday that it has agreed to acquire a U.S. customer acquisition platform for Shopify merchants, in a deal worth up to $60 million, to boost its selling power.

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AIB Group Kicks Off €1B Share Repurchase

By Tom Fish

AIB Group PLC on Wednesday launched a €1 billion ($1.16 billion) share buyback program, underscoring its "strong financial performance" and its commitment to returning cash to stakeholders.

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DEALS

Regulator Expects Up To £400B In Pension Deals Over Decade

By Joel Poultney

Britain's retirement savings watchdog said Wednesday up to £400 billion ($535.3 billion) of pension assets could transfer to the insurance sector over the next 10 years in a landscape that has undergone a "paradigm shift" over a very short period of time.

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NEWS IN BRIEF

Brief

Shopping Park Developer To Raise £25M With London Float

By Irene Madongo

Scotch Corner said Wednesday it has launched a fundraising program to raise £25.5 million ($34 million) ahead of the shopping park developer's planned listing on a new section of the Aquis stock exchange.

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Brief

A&O Shearman Advises Wealth Manager On £100M Buyback

By Irene Madongo

Wealth manager Quilter PLC said on Wednesday that it is launching a share repurchase program of up to £100 million ($134 million) in a move aimed at downsizing its share capital.

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Brief

Tech Biz Starts £10M Buyback, Eyes Further Capital Returns

By Irene Madongo

AdvancedAdvT began a share buyback program of up to £10 million ($13 million) on Wednesday, with indications the software solutions business could return more capital to investors.

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LAW FIRMS IN TODAY'S NEWS

A&O Shearman

Taylor Wessing

COMPANIES IN TODAY'S NEWS

Allied Irish Banks PLC

Barclays PLC

Canaccord Genuity Group Inc.

Euronext Amsterdam NV

Investments Ltd.

JSE Limited

London Stock Exchange Group PLC

Morgan Stanley

Quilter PLC

The Goldman Sachs Group Inc.

GOVERNMENT AGENCIES IN TODAY'S NEWS

UK Pensions Regulator