The US Federal Trade Commission has approved Omnicom’s landmark £13.5 billion acquisition of rival Interpublic, paving the way for the creation of the world’s largest advertising agency. The regulatory clearance
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The Competition and Markets Authority (CMA) has opened an investigation into Aviva’s £3.7 billion acquisition of rival insurer Direct Line. This significant move could reshape the UK’s insurance sector, combining
The technology investment giant Prosus has struck a landmark €4.1 billion deal to acquire Just Eat Takeaway, marking a significant consolidation in the European food delivery sector. The cash offer
Britain’s independent brewing sector witnessed its most significant contraction in 2024, with 100 breweries closing their doors, according to data from the Society of Independent Brewers (SIBA). The decline reduced
The struggling consumer healthcare company Alliance Pharma appears poised to exit London’s junior stock exchange following a £350 million takeover bid from activist investor Dbay Advisors. The Isle of Man-based
In a significant move that will reshape Britain’s insurance landscape, Aviva has announced plans to acquire Direct Line for £3.7 billion, creating one of the UK’s largest motor insurance providers.
Direct Line’s chief executive Adam Winslow has launched a spirited defence of the troubled insurer’s independence, urging shareholders to support his nascent turnaround strategy in the face of a £3.3
British motor insurance provider Direct Line has firmly rejected a £3.3 billion takeover approach from industry heavyweight Aviva, describing the offer as “highly opportunistic” and significantly undervaluing the organisation’s worth.
In a dramatic turn of events, Just Eat Takeaway has finalised the sale of its American subsidiary Grubhub for £650 million to Wonder, a New York-based startup, marking a devastating
