The competition regulator said Friday that it has provisionally found that the Nexfibre joint venture's proposed $2.7 billion acquisition of Substantial Group, the second-largest alternative fiber provider in the U.K., could harm competition in the country.
The competition regulator said Friday that it has provisionally found that the Nexfibre joint venture's proposed $2.7 billion acquisition of Substantial Group, the second-largest alternative fiber provider in the U.K., could harm competition in the country.
The European Bank for Reconstruction and Development said Friday that it plans to acquire a 5% stake in AikGroup for up to €64 million ($72 million) to support the lender's expansion across the Adriatic region.
Tribal Group said it is seeking to defer a shareholder gathering that was set for Friday morning to decide on a £231.2 million ($305.2 million) buyout proposal from specialist software investor Main Capital, noting a substitute session will be arranged shortly.
IP Group said Friday that it has sold a part of its stake in Oxford Nanopore and raised £21 million ($27.8 million) to strengthen its financial position and provide capital for investments elsewhere in its portfolio and other group priorities.
Aviva has taken on £1.7 million ($2.2 million) in retirement saving liabilities from a pension plan sponsored by automated business software company Cognitronics in a deal steered by Wrigleys Solicitors, advisers on the transaction have said.
Almost 80 former Sainsbury's pharmacists have lost their bid for a higher redundancy payout from LloydsPharmacy after a tribunal ruled that Lloyds was not obliged to pay more than the statutory rate when it let them go in 2023.
The past week in London has seen former West Ham United co-chair David Sullivan file a defamation claim against the BBC, British rock band Oasis sue its former sound engineer to halt an auction of recordings, and Home REIT sued by its shareholders for misleading statements about the company's portfolio.
