LONDON: FRP Advisory Group plc, a leading national specialist business advisory firm, announced the acquisition of Arc & Co Structured Finance Limited (“Arc & Co”) for a consideration of £6.0 million, plus an additional amount for the net assets acquired on completion of approximately £650,000 and a three-year performance based earn-out linked to profit in excess of…
Author: Bernice Miles
MBS Global Investment acquires 18.12% stake in Ethtry Plc
LONDON: MBS Global Investment Co. L.L.C. has acquired 18.12% stake in Ethtry Plc (AQSE: ETHY), the UK-listed company advancing an Ethereum Treasury Policy for its investments in the development and operation of its commercial activities in the battery energy storage sector. Headquartered in Dubai, MBS is the investment arm of the Private Office of Sheikh…
Permira-backed bidco to acquire JTC in £2.3 billion cash deal
LONDON: Private equity firm Permira has agreed to acquire fund administration group JTC Plc (JTC.L) through its newly formed vehicle Papilio Bidco Ltd in a recommended cash deal valuing the company at approximately £2.3 billion ($2.8 billion). Under the terms of the offer, JTC shareholders will receive 1,340 pence per share in cash, representing a…
Partners Group Private Equity to sell Clario to Thermo Fisher Scientific
LONDON: Partners Group Private Equity Limited (PGPE Ltd) announced Monday the sale of Clario, a leading provider of clinical trial data solutions, to Thermo Fisher Scientific. The transaction, subject to customary regulatory approvals, is expected to close by the end of the second quarter of 2026. Clario, headquartered in Philadelphia, is PGPE Ltd’s eighth-largest portfolio…
The deep freeze: How the longest government shutdown threatens a fragile US economy
The unprecedented length of the current federal government shutdown has moved beyond a temporary political inconvenience and morphed into an acute economic danger. What history suggested would be a short-term, reversible pause is now accumulating permanent damage, threatening to break a US economy that was already walking a tightrope of uncertainty. As economists warn of…
Switzerland’s Cicor to buy Britain’s TT Electronics in £287 million deal
LONDON: Swiss electronics manufacturer Cicor Technologies Ltd. has agreed to acquire British rival TT Electronics Plc in a recommended cash and share deal that values TT at approximately £287 million, the companies said on Thursday. The acquisition will create the largest pure-play global electronics manufacturing services (EMS) provider in the high-mix, low-volume sector, which focuses on…
US investor Long Path offers to takeover Idox Plc for £340 million
LONDON: British software firm Idox plc said on Tuesday it had agreed to a recommended cash acquisition by Frankel UK Bidco Limited, a vehicle indirectly owned by U.S. investment manager Long Path, valuing the company at approximately £339.5 million ($[Insert approximate USD equivalent]). Under the terms of the deal, Idox shareholders will receive 71.5 pence in…
Veeam Software to acquire Securiti AI for $1.725 billion
LONDON: Schroders Capital Global Innovation Trust plc announced that its portfolio company, Securiti AI, has signed a definitive agreement to be acquired by Veeam Software for a total consideration of US $1.725 billion, as announced on 21 October 2025. Schroders Capital has been invested indirectly in Securiti since 2019 and, in November 2023, the Company…
Redcentric plc agrees to sell data centres business to Stellanor for £127 million
LONDON: Redcentric plc (AIM:RCN), a leading UK IT managed services provider, has conditionally agreed the sale of its Data Centre business, Redcentric Data Centres Limited, (RDC) to Stellanor Datacenters Group Limited, UK data centre operator backed by a fund managed by DWS Group for a cash consideration based on an enterprise valuation of up to…
Barclays lifts profit target, kicks off early $639 million share buyback
LONDON: Barclays BARC.L raised its key profit target and announced a fresh 500 million pound ($639 million) share buyback on Wednesday, citing strong performance and cost savings delivered ahead of plan, despite setting aside more money for a UK motor finance probe. The British bank now expects to deliver a return on tangible equity (RoTE)…
Coca-Cola HBC AG agrees to acquire 75% shareholding in Coca-Cola Beverages Africa for $2.6 billion
LONDON: Coca-Cola HBC AG has entered into a definitive sale and purchase agreement to acquire a 75% shareholding in Coca-Cola Beverages Africa Pty Ltd (CCBA) from The Coca-Cola Company and Gutsche Family Investments Pty Ltd (GFI) for a combined purchase price of US$2.6 billion, implying an equity value for 100% of CCBA of US$3.4 billion….
Sirius to acquire defence anchored business park near Munich for €43.7 million
LONDON: Sirius Real Estate, the leading owner and operator of branded business and industrial parks providing conventional space and flexible workspace in Germany and the U.K., has notarised the acquisition of a business park in Feldkirchen, Germany, for €43.7 million (including acquisition costs). Located on the outskirts of Munich, Bavaria, the site has a…