Office cleaning firm OCS in takeover talks with US private equity firm

Office cleaning firm OCS in takeover talks with US private equity firm linked to ex-Tesco boss Terry Leahy Family firm OCS is working with advisers from Lazard on ‘strategic options’ Clayton Dubilier & Rice may be the private equity firm in talks with OCS owners Clayton employs Sir Terry as an adviser  By Ben Harrington … Read more

RateSetter hands back £384m to 45,000 investors after Metro Bank takeover

Around 45,000 investors in the now-defunct peer-to-peer lender RateSetter have had their accounts closed and their money returned after it was taken over by Metro Bank last August. Customers began receiving emails from last Tuesday after the High Street lender in February gave investors two months’ notice that it had bought £384million worth of loans … Read more

STOCK WATCH: Now who’s favourite in William Hill takeover?

STOCK WATCH: Now who’s favourite in William Hill takeover? By Alex Lawson For The Mail On Sunday Published: 22:31 BST, 10 April 2021 | Updated: 23:01 BST, 10 April 2021 Investors in William Hill are on tenterhooks after another week without a judgment on the scheme of arrangement to complete the £2.9billion sale to US … Read more

Penguin’s £1.6bn takeover of US rival Simon & Schuster to be probed

Penguin’s £1.6bn takeover of US publishing rival to be probed amid competition concerns By Daily Mail City & Finance Reporter Published: 21:50 GMT, 22 March 2021 | Updated: 21:50 GMT, 22 March 2021 Competition concerns: Pengion Random house paid £1.6bn for Simon & Schuster Penguin Random House’s £1.6billion takeover of a US publishing rival is to … Read more

Tech firm Telit in row with shareholders over takeover talks

Telit Communications comes under fire from some shareholders after it rekindles talks with Dbay Advisers about £280m takeover By Ben Harrington, Financial Mail on Sunday Published: 21:50 GMT, 20 March 2021 | Updated: 21:50 GMT, 20 March 2021 Telit Communications has come under fire from some of its shareholders after it rekindled talks with Dbay … Read more

Asda boss Roger Burnley departs after the supermarket’s £7bn takeover 

Asda boss Roger Burnley departs after the supermarket’s debt-fuelled £7bn takeover By Mark Shapland For The Daily Mail Published: 22:01 GMT, 18 March 2021 | Updated: 22:13 GMT, 18 March 2021 Asda’s boss has announced plans to step down just weeks after the supermarket’s debt fuelled £6.8billion takeover. Roger Burnley, who took charge in 2018, … Read more

Ryan Reynolds jokes he’s sought advice from pal David Beckham after Wrexham takeover

‘If you make heavy eye contact, your knowledge grows!’ Ryan Reynolds jokes he’s sought advice from David Beckham after Wrexham takeover By Laura Fox For Mailonline Published: 00:55 GMT, 15 March 2021 | Updated: 01:03 GMT, 15 March 2021 Ryan Reynolds has revealed he’s been seeking advice from his pal David Beckham after taking over … Read more

Ministers prepared to intervene in US takeover of chip maker Arm

Culture Secretary hints ministers are prepared to intervene in US takeover of British chip maker Arm By Daily Mail City & Finance Reporter Published: 21:53 GMT, 10 March 2021 | Updated: 21:53 GMT, 10 March 2021 Culture secretary Oliver Dowden said the proposed sale of Arm to Nvidia for £30bn was still ‘very much under consideration’ … Read more

5,000 jobs at risk in Asda shake-up just months after £6.8bn takeover

Up to 5,000 jobs at risk in Asda shake-up just months after Issa brothers’ £6.8bn debt-fuelled takeover By Daily Mail City & Finance Published: 21:52 GMT, 25 February 2021 | Updated: 21:52 GMT, 25 February 2021 Up to 5,000 jobs are at risk at Asda as part of a major restructuring just months after the … Read more

Country Life publisher Future confirms £594m takeover of GoCo Group

Country Life publisher Future raises profit forecast as it completes £594m takeover of GoCompare and Look After My Bills owner GoCo Group GoCo Group also recently bought the Australian price comparison site Mozo Future publishes dozens of titles including FourFourTwo and Woman & Home  By Harry Wise For This Is Money Published: 12:44 GMT, 19 … Read more