DCC PLC said Thursday it has rejected a preliminary £4.95 billion ($6.7 billion) takeover bid from a consortium led by private equity firms Energy Capital Partners LP and KKR, because the proposal significantly undervalues the Irish energy distributor.
Whitbread PLC unveiled a £2 billion ($2.7 billion) shareholder return program on Thursday as part of a sweeping five-year cost saving plan to boost margins for Britain's largest hotel operator.
A Gymshark co-founder has sued his former business partners in Abyl, another sportswear brand he helped launch, accusing them of hanging him out to dry after he refused to sell 10% of his shares to move forward with an initial public offering.
SoftBank Robotics UK has accused two former directors of a firm it co-owned of inflating earnings to trick it into buying their shares, hitting back at their £8 million ($11 million) claim that it wrongly forced them out.
United Utilities said on Thursday that it is planning to raise £800 million ($1 billion) to fund the equity element of a £2.5 billion government-mandated investment program to fund, build and upgrade water infrastructure in England and Wales.
Consumer goods giant Unilever said Thursday that it is launching a €1.5 billion ($1.7 billion) share buyback program as it reported strong results for the first quarter of 2026.
Schroders Capital has said one of its investment vehicles has committed more than £100 million ($135.2 million) of pension capital and government-backed money to a range of British technology and artificial intelligence startups.
