G4S rejected a £3.3bn bid from US rival Allied Universal last week, turning away a second suitor in the takeover battle for the world’s biggest security company. The British company is publicly fighting a lower £3bn hostile bid from Canada’s GardaWorld. It said it had...
Nvidia’s $40bn deal for the UK-based chip designer Arm is facing fresh problems in China, after it emerged that the disaffected head of Arm’s local joint venture controls almost 17 per cent of the unit. Company registration documents reviewed by the Financial Times...
Ewan MacKinnon, a partner of Glasgow-based private equity company Maven Capital Partners, didn’t know what he was missing until his firm opened an office in Newcastle. For years, Maven staff used to scour for deals in the North-East of England from its Edinburgh...
Blackstone has completed the largest warehouse investment purchase on record in Britain as demand is fuelled by the rise of online shopping. The American private equity group has bought a £473 million portfolio of warehouses around the country from Prologis, a New...
The UK government has been slammed for letting private equity groups “cash in” on state-backed coronavirus loans. Darren Jones, chair of the House of Commons’ business, energy and industrial strategy committee, said that he had been concerned over the “abuse” of some... 