G4S rejects GardaWorld’s claims as ‘misleading’ as takeover battle heats up

Security firm G4S rejects hostile bidder GardaWorld’s ‘misleading’ claims over its cash pile and pension scheme as takeover battle heats up GardaWorld questioned if G4S had enough cash to pay for litigation and pension G4S rejected the claims and accused GardaWorld of being loss-making  It reiterated that the offer of 190p per share undervalued the … Read more

Asda back in British hands: Grocer vows to cut prices after takeover

Asda back in British hands: UK’s third biggest supermarket chain vows to cut prices after £6.8bn takeover by Issa brothers By Tom Witherow For The Daily Mail Published: 21:51 BST, 2 October 2020 | Updated: 21:51 BST, 2 October 2020 Asda vowed to cut prices after a £6.8billion takeover by two brothers from Blackburn took … Read more

LV snubs rival Royal London to begin takeover talks with Bain Capital

LV snubs insurance rival Royal London to begin exclusive takeover talks with private equity firm Bain Capital By Lucy White For The Daily Mail Published: 21:51 BST, 2 October 2020 | Updated: 21:51 BST, 2 October 2020 Takeover talks: LV said discussions with Bain are ongoing but there is no guarantee that a deal will … Read more

Black women launch Instagram takeover for Share The Mic campaign

Victoria Beckham and Gwyneth Paltrow lead celebrities handing over their Instagram accounts to black women to ‘amplify their voices’ Black women have launched an Instagram takeover for UK’s Black History month #ShareTheMic campaign aims to amplify black female voices and share stories Will take over accounts of 70 high-profile white woman who have large following … Read more

MARKET REPORT: AA slams into reverse as takeover talks breakdown

MARKET REPORT: AA slams into reverse as fresh takeover talks with two private equity suitors breakdown By Francesca Washtell For The Daily Mail Published: 21:58 BST, 23 September 2020 | Updated: 22:08 BST, 23 September 2020 The AA skidded into the red after two potential suitors pulled out of the race to buy the breakdown … Read more

Nvidia boss promises guarantees on jobs if Arm takeover is approved 

Nvidia boss promises ‘legally binding’ guarantees on jobs if takeover of British rival Arm is approved By Daily Mail City & Finance Reporter Published: 21:51 BST, 18 September 2020 | Updated: 21:51 BST, 18 September 2020 Nvidia’s boss Jensen Huang has promised to give ‘legally binding’ guarantees on jobs Nvidia’s boss has promised to give ‘legally … Read more

China objects to Nvidia’s £30bn takeover of UK chip maker Arm

China objects to £30bn Arm takeover deal: Beijing’s state newspaper claims UK tech firm could be ‘politicised as a technology weapon’ By Matt Oliver For The Daily Mail Published: 21:51 BST, 16 September 2020 | Updated: 21:51 BST, 16 September 2020 China has emerged as a potential opponent to the American takeover of British chip … Read more

Furious G4S fights back over Canadian rival’s £3bn takeover bid

Furious G4S fights back over £3bn takeover bid: Canadian rival Garda World swoops on troubled British security giant By James Salmon for the Daily Mail Published: 21:51 BST, 14 September 2020 | Updated: 22:06 BST, 14 September 2020 Scandal-prone G4S has accused a private equity backed Canadian rival of exploiting the coronavirus crisis to mount … Read more

Arm’s £30bn takeover by Nvidia will ‘destroy its business model’

Arm’s £30bn takeover by US rival Nvidia will put its neutrality and sales at risk, tech firm’s founder warns By Daily Mail City & Finance Reporter Published: 21:51 BST, 14 September 2020 | Updated: 21:51 BST, 14 September 2020 The £30billion takeover of Arm by US rival Nvidia will ‘destroy’ its business model, the company’s … Read more

Ministers under pressure to intervene in £30bn Arm takeover

Ministers under pressure to intervene in £30bn takeover of British chip-maker Arm Holdings to safeguard UK HQ The Government was already facing calls from opposition MPs to prevent the new owners of Arm moving its headquarters abroad  Sources confirmed over the weekend that Arm is set to be snapped up by US rival Nvidia By … Read more