Nostrum Oil & Gas PLC said Monday that a subsidiary has agreed to sell its operations in Kazakhstan for $304.6 million to investment vehicle Alturion Holding Ltd. as the company seeks to repay its debt.
Nostrum Oil & Gas PLC said Monday that a subsidiary has agreed to sell its operations in Kazakhstan for $304.6 million to investment vehicle Alturion Holding Ltd. as the company seeks to repay its debt.
Bentley Park, a holding company linked to private investment business Tavistock Group, said Monday its subsidiary has agreed to acquire flexible lender Time Finance for approximately £55.1 million ($75 million) to combine their complementary products and regional strengths.
Scottish homebuilder Springfield Properties said Monday it has sold land at one of its sites in Scotland for £12 million ($16 million) to fund the final payment of its 2022 purchase of a rival business.
Paramount Skydance Corp. put a price tag Monday on waiting until next year to close its planned $110 billion purchase of Warner Bros. Discovery, asking a California federal judge to impose an approximately $1.9 billion bond requirement on the Democratic attorneys general and the Writers Guild of America challenging the deal.
A British hedge fund company has sued a Brazilian man for more than $500 million in a London court, alleging that he perpetrated an elaborate securities fraud against the company.
The former owners of the British haulage company Kammac are pursuing its new proprietors for around £33 million ($45 million) in damages, telling a London court that the buyers mismanaged the business, depressing the ultimate sale price.
Knights Group said Monday that it has agreed to buy an English law firm, THP Solicitors, for £4 million ($5.4 million) in a move to expand its presence near London and strengthen its private client and real estate practices.
Mothercare said Monday it has completed a full buyout of the liabilities of its executive pension plan, removing the early years brand's obligation to fund the plan and transferring responsibility for paying members' benefits to an insurer.
Hiscox Ltd. said Monday that it has launched a share buyback program worth up to $150 million — the second part of its $300 million stock repurchase scheme, which kicked off Feb. 25.
The Financial Conduct Authority said Monday it has appointed new financial services attachés for India and the UAE to support international investment in the U.K.
Paul Hastings said Monday that it has hired two senior restructuring partners from Hogan Lovells Cadwalader and Sidley Austin LLP to continue its expansion in London.
