£1.2bn! Not bad for a second-hand clothes app: Depop bosses to cash in on takeover by US giant Etsy Simon Beckerman, a 47-year-old British-Italian entrepreneur, who was born in Milan and lives in London, founded Depop in 2011 Beckerman is likely to net a tidy profit along with chief executive Maria Raga, other senior employees and … Read more
UK gambling firms have been a target for US firms who want to tap into their strong online offering and cutting-edge tech. Earlier this year MGM Resorts made an £8bn bid for Ladbrokes owner Entain.
The board of UDG last week backed a 1023p offer from CD&R worth £2.6billion. But its biggest shareholder has now come out against the deal. Shares rose 2.2 per cent, or 22p, to 1046p.
MARKET REPORT: Cyber crime fighter NCC Group bulks up buying part of US data company Iron Mountain in £156m deal By Francesca Washtell For The Daily Mail Published: 22:16 BST, 13 May 2021 | Updated: 22:16 BST, 13 May 2021 Investors piled into cyber security specialist NCC Group after it bought part of an American … Read more
MARKET REPORT: FTSE 250 hits record high and FTSE 100 closes above 7100 for first time in 15 months as markets enjoy sparkling end to week By Francesca Washtell For The Daily Mail Published: 21:53 BST, 7 May 2021 | Updated: 22:28 BST, 7 May 2021 The FTSE 250 hit a record high and the … Read more
Infrastructure investor John Laing Group rocketed after it became the latest London-listed company to be approached about a private equity takeover. The firm is in talks with American behemoth KKR about a possible offer. KKR has until June 3 to confirm if it will put forward an official bid. John Laing is a major infrastructure … Read more
Gupta faces legal battle over £100m takeover of rival Tata’s speciality steel operations By Daily Mail City & Finance Reporter Published: 23:10 BST, 22 April 2021 | Updated: 23:10 BST, 22 April 2021 Sanjeev Gupta faces a legal battle over his £100million takeover of a rival’s speciality steel operations. The embattled tycoon’s empire bought the … Read more
UK flexes muscles over Arm takeover: Government launches probe into Nvidia’s £29bn bid for chip maker on national security grounds By Matt Oliver For The Daily Mail Published: 21:54 BST, 19 April 2021 | Updated: 21:54 BST, 19 April 2021 The UK’s tougher approach to technology deals was on show yesterday as ministers intervened to … Read more
Billionaire Issa brothers who bought Asda for £7bn look poised to make a takeover bid for Caffe Nero after buying up £140m of the chain’s debt Mohsin, 49, and Zuber Issa, 48, could be due to make takeover bid for Caffe Nero The billionaire brothers have bought around £140m of the company’s debt Caffe Nero … Read more
Billionaire Issa brothers who bought Asda for £7bn look poised to make a takeover bid for Caffe Nero after buying up £140m of the chain’s debt Mohsin, 49, and Zuber Issa, 48, could be due to make takeover bid for Caffe Nero The billionaire brothers have bought around £140m of the company’s debt Caffe Nero … Read more