by Sebastian | Nov 13, 2020 | News, UKPEC
PE-backed Caffè Nero has become the latest high street coffee chain to restructure its business after profits were hit by the coronavirus pandemic. The chain, which operates around 700 sites across the UK and 200 overseas, entered a Company Voluntary Arrangement (CVA)...
by Sebastian | Nov 13, 2020 | News, UKPEC
Private equity firm Hillhouse Capital Group is in talks to take property developer SOHO China Ltd private, said four people with knowledge of the matter, in a deal that could be worth more than $2 billion and accentuate a trend in Hong Kong. Asia-focused Hillhouse has...
by Sebastian | Nov 13, 2020 | News, UKPEC
Ruth Baker has an urgent deadline. The graphic designer and her husband are desperate to buy a four-bedroom house they have found in Hitchin, Hertfordshire, by mid-January so they can apply for a primary school place for their three-year-old son. First, however, they...
by Sebastian | Nov 12, 2020 | News, UKPEC
Banks that looked set to take steep losses on a long-stalled debt sale for PureGym received unexpected support from this week’s Covid-19 vaccine breakthrough, which boosted demand for junk bonds from the UK’s largest exercise chain and helped lenders make it out...
by Sebastian | Nov 11, 2020 | News, UKPEC
Three property companies have laid bare the impact of coronavirus on the UK market, with the pandemic hitting valuations and customer interest. Property companies across the UK have been hit hard by both the virus and the government’s response. Commercial tenants have...
by Sebastian | Nov 10, 2020 | News, UKPEC
The UK’s audit watchdog has urged large companies to disclose information on the impact of climate change on their business in their corporate reporting. The Financial Reporting Council concluded after a review that corporate reporting around climate change...
