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Jobs expected to go if competition watchdog approves takeover by Associated British FoodsBusiness live – latest updatesThe owner of Kingsmill has agreed to buy its rival Hovis in a deal worth an estimated £75m that could create the UK’s biggest bread b…
Hong Kong’s CKI among those lining up to acquire struggling company if it collapsesA Chinese firm is reportedly a leading contender to buy Thames Water if the heavily indebted company collapses in coming weeks.Hong Kong’s CKI, which invests in power an…
Letter from rights groups says RedBird Capital’s proposed takeover threatens media pluralism and transparencyA group of nine human rights and freedom of expression organisations have called on the culture secretary to halt RedBird Capital’s proposed £5…
Gemfields, which owns brand, agrees deal with SMG Capital, controlled by Sergei MosunovBusiness live – latest updatesFabergé, the jeweller famed for its imperial Russian Easter eggs, has been sold to a technology investor in a $50m (£37m) deal.Gemfield…
The deal, which is expected to close by first quarter 2026, consolidates some of Italy’s defense sector, at a time when European defense spending is on the rise.
Deal would create first transcontinental US railroad worth more than $200bn and could trigger wave of mergersUnion Pacific is seeking to buy Norfolk Southern in a deal valued at $85bn in a merger that could trigger the final wave of railroad mergers ac…
FCC approval of deal comes after Paramount paid $16m to settle Trump lawsuit over 60 Minutes interviewThe Federal Communications Commission approved the merger between Paramount Global and Skydance Media on Thursday, clearing the way for an $8.4bn sale…
Deal brings legacy brands such as Nutella, Kinder, Tic Tac, Frosted Flakes, Froot Loops and Special K under one roofWK Kellogg on Thursday agreed to be bought by the owner of Ferrero Rocher in a deal worth around $3.1bn, as the cereal maker has been st…
Purchase would be third major ownership shake-up for high street lender in 12 yearsThe Spanish bank Santander is buying the British high street lender TSB for £2.65bn, raising fears of job cuts and branch closures across the combined group.The proposed…
Buyer Gordon Brothers will invest up to £80m in discount retail chain to try to turn business aroundThe discount retail chain Poundland is expected to close dozens of its stores after it was sold to the investment company Gordon Brothers for £1.Poundla…