Consolidation of the asset management sector is ramping up as U.S. firms seek access to the domestic market and U.K. watchdogs loosen regulation in line with government-mandated pro-growth policies, which is expected to accelerate a spurt in dealmaking.
Consolidation of the asset management sector is ramping up as U.S. firms seek access to the domestic market and U.K. watchdogs loosen regulation in line with government-mandated pro-growth policies, which is expected to accelerate a spurt in dealmaking.
U.S. cosmetics giant Estée Lauder has confirmed it is in talks to merge with Puig, a Spanish fashion and beauty group, to create a combined business with sales of around $20 billion.
The £2.4 billion ($3.2 billion) acquisition of British insurance giant Just Group PLC by Canadian investment firm Brookfield Wealth Solutions will go ahead after receiving regulatory approval, both companies said in a joint statement.
Mike Lynch's estate has been refused permission to challenge a ruling that the entrepreneur fraudulently misled Hewlett Packard Enterprise over its acquisition of his software company as a court found on Tuesday that no proposed ground of appeal had a prospect of success.
Janus Henderson said Tuesday it has agreed to a higher cash offer from Trian Fund Management and General Catalyst Group following its review of a competing proposal from Victory Capital Management.
Deutsche Bank said Tuesday that the global investment platform of Advent International has sold most of its holdings in Trustpilot, raising approximately £46 million ($61.5 million) and triggering a 14% fall in the business-reviewing website company's share price.
A medical supplies company has offloaded £30 million ($40 million) of its pension scheme liabilities to insurer Canada Life in a transaction steered by Gateley Legal.
Staffline Group PLC said Tuesday that it will repurchase about 5 million shares from investors as the recruitment company reported higher revenue for 2025.
Zephyr Energy PLC said Tuesday it has completed the offloading of lease holding and royalty interests in the U.S. in transactions worth a total of approximately $2.1 million.
