HSBC battles market volatility with focused resilience amid declining profits

For six months, profit before tax fell by $5.7bn to $15.8bn, driven by $2.1bn in dilution and impairment losses LONDON: HSBC Holdings plc reported a sharp year-on-year decline in interim…

Bernice Miles July 30, 2025

London Stock Exchange

John Wood sells RWG joint venture stake to Siemens Energy for $135 million

LONDON: John Wood Group PLC on Friday said it has agreed to divest its 50 percent interest in RWG (Repair & Overhauls) Limited to Siemens Energy Global GmbH & Co.…

Bernice Miles July 25, 2025

London Stock Exchange

Compass Group to acquire premium european food services firm Vermaat Groep for €1.5 billion

LONDON: Compass Group PLC (LSE: CPG), a global leader in food services, said Tuesday it has agreed to acquire Netherlands-based Vermaat Groep B.V. for an enterprise value of approximately €1.5…

Bernice Miles July 22, 2025

London Stock Exchange

Senior plc sells aerostructures unit to Sullivan Street Partners for up to £200 million

LONDON: Senior plc, an international manufacturer of high-technology components and systems, announced Friday it has reached a binding agreement to sell its Aerostructures business to UK-based private equity firm Sullivan…

Bernice Miles July 18, 2025

London Stock Exchange

Coats Group to acquire premium insole leader OrthoLite for $770 million

LONDON: Coats Group plc said Wednesday it will acquire OrthoLite Holdings LLC, the global leader in premium insoles, for $770 million, as part of its strategy to expand in the…

Bernice Miles July 16, 2025

London Stock Exchange

Honye Financial Services to acquire Zoyo Capital Limited for £26 million

LONDON: Honye Financial Services Ltd (LSE: HOYE) announced Wednesday it has agreed to acquire London-based FinTech firm Zoyo Capital Limited in a share-based deal valued at £26 million. Under conditional…

Bernice Miles July 16, 2025

London Stock Exchange

Hilton Foods sells Foods Connected to Apax Global Impact Fund for £22 million

LONDON: British food business Hilton Food Group said on Tuesday it has agreed to sell a stake in its supplier management platform, Foods Connected, to the Apax Global Impact Fund…

Bernice Miles July 15, 2025

London Stock Exchange

Chesnara Plc to acquire HSBC Life (UK) in £260 million deal

LONDON: Chesnara plc announced Thursday it has agreed to acquire HSBC Life (UK) Limited from HSBC Bank plc for £260 million, in a transaction that marks the UK life insurer's…

Bernice Miles July 3, 2025

London Stock Exchange

Swedbank acquires Stabelo

LONDON: In order to continue to develop the mortgage business and customer offering, Swedbank acquires the mortgage credit institution Stabelo. Through access to a complementary brand, new technology and new…

Bernice Miles July 1, 2025

London Stock Exchange

River Global to acquire Devon Equity Management in to bolster European equities expertise

LONDON: River Global PLC, an agile asset and wealth management firm, has signed heads of terms to acquire Devon Equity Management Limited, marking a significant expansion into European equity investment.…

Bernice Miles June 30, 2025

London Stock Exchange

Brave Bison to acquire MiniMBA in £19 million deal

LONDON: Brave Bison, a next-generation marketing and technology firm, has entered into a conditional binding agreement to acquire MiniMBA, a leading online marketing education platform, for £19 million ($24.1 million)…

Bernice Miles June 25, 2025

London Stock Exchange

Fidelity European Trust and Henderson European Trust agree to £2.1 billion combination

LONDON: Fidelity European Trust PLC (FEV) and Henderson European Trust PLC (HET) announced Thursday they have agreed to combine in a deal that will create the U.K.’s largest closed-ended investment…

Bernice Miles June 19, 2025