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Unite union says payout shows Three is highly profitable, and proposed merger is ‘clear attack on consumers’A record £2bn dividend payment to the owners of the telecoms firm Three sparked a row over the weekend as it was claimed that the huge payout sh…
Change of tack has government treading fine line between being ‘more business friendly’ and defending national interestThe UK government is looking to roll back powers to intervene in company takeovers less than two years after they were introduced, in…
Takeover puts Chevron head-to-head with ExxonMobile in oil-rich Guyana and US shale industryBusiness live – latest updatesChevron has announced it will buy the US fossil fuel producer Hess Corporation in a $53bn (£44bn) all-stock deal, as it seeks to i…
Deutsche Bahn offloads company to I Squared in deal worth £1.4bn, three years after putting it up for saleGermany’s terrible trains are no joke for a nation built on efficiencyThe London red bus operator Arriva has been snapped up by US infrastructure …
Tie-up is a ‘terrible deal for Britain’ that also poses risks for national security, Unite claimsMobile phone bills could rise by as much as £300 a year as a result of the merger of the UK operations of Vodafone and the owner of Three, a trade union ha…
Competition regulator had initially moved to block acquisition but concerns addressedThe UK’s competition watchdog has cleared Microsoft’s $69bn (£54bn) deal to buy Activision Blizzard, the maker of games including Call of Duty and World of Warcraft, i…
Operator of more than 400 UK outlets plans to recommend Apollo’s latest offer to its shareholdersThe owner of Frankie & Benny’s and Wagamama will be taken private after it accepted a £506m takeover offer from the US buyout group Apollo.The Restaura…
FTSE 100 fashion chain has been buying up rivals since pandemic and could reach deal by end of weekThe clothing brand FatFace is set to become the latest high street fashion retailer to be taken over by Next in a deal thought to be worth more than £100…
Rumours of potential swoop by international rivals drives up shares in UK’s biggest insurerNils Pratley: Aviva no longer needs a rescue Shares in Aviva, the UK’s biggest insurer, jumped after reports that it could be the target of a takeover by a forei…
On Thursday Cisco agreed to buy Splunk in a $28 billion deal intended to address AI-enabled security and observability issues.