LONDON, UK: The ACCC has released a statement of preliminary views on ANZ Banking Group’s (ASX:ANZ) proposed acquisition of Suncorp Group’s (ASX:SUN) banking arm. The ACCC’s review so far has been focused on home loans and retail deposits, agribusiness banking and small and medium sized enterprise banking, as these are the areas where interested parties…

LONDON, UK: The Royal London Mutual Insurance Society Limited (Royal London), the UK’s largest life, pensions, and investment mutual has reached an agreement with Aegon UK to acquire its individual protection line of business, subject to court approval. As a result of the acquisition, the life insurance, critical illness and income protection policies for over…

LONDON, UK: Board of Aukett Swanke Group announced the disposal of the non-core Live Events business acquired as part of the recently completed acquisition of Torpedo Factory Group (TFG). Under the terms of an asset purchase agreement, Conferencecast Limited, a company established for the purpose by the division’s principal manager has acquired the business and…

LONDON, UK: Rathbones Group Plc and Investec PLC have entered into a definitive agreement regarding an all-share combination of Rathbones with Investec Wealth & Investment Limited (Investec W&I UK) to create the UK’s leading discretionary wealth manager. The combination brings together two trusted and prestigious UK wealth management businesses with closely aligned cultures and operating…

LONDON, UK: Accsys Technologies, the fast-growing and eco-friendly company that combines chemistry and technology to create high performance, sustainable wood building products, announced that Dr Jelena Arsic van Os has been appointed Chief Executive Officer Designate and a member of the Board of Accsys, with effect from 1 July 2023 at the latest. Upon her…

LONDON, UK: In a move to advance its commitment to operate on 24/7 carbon-free energy by 2030, Google has signed a power purchase agreement (PPA) with Ørsted to purchase renewable energy generated by Helena Wind Farm for the next 15 years. The project, which is located in Bee County, Texas, was commissioned in mid-2022 and…

LONDON, UK: Franchise Brands plc may acquire Hydraulic Authority I Limited, the owner of Pirtek Europe, for a consideration of £200 million. Franchise Brands will also pay £12.2 million for cash, debt and working capital adjustments. In line with Franchise Brands’ strategy to complement organic growth with selective accretive acquisitions focused on B2B franchise systems…