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Spire Healthcare accepts £1.03bn buyout from private equity consortium
Stocks

Spire Healthcare accepts £1.03bn buyout from private equity consortium

Spire Healthcare has accepted a £1.03 billion buyout from a consortium of private equity funds. The deal shows UK dealmaking continues even

Marcus Devlin ·
India's alternative-fuel cars outsell petrol for first time in August
Stocks

India's alternative-fuel cars outsell petrol for first time in August

India's car buyers shifted gears in August, with alternative-fuel models like CNG, hybrids, and EVs taking 42% of sales, just ahead of petro

Marcus Devlin ·
Fosun Pharma sells Gland stake to fund HK$1B buyback
Stocks

Fosun Pharma sells Gland stake to fund HK$1B buyback

Shanghai Fosun Pharmaceutical will repurchase up to HK$1 billion of its Hong Kong-listed shares, using proceeds from selling a slice of its

Eleanor Whitfield ·
Del Vecchio heir urges 'new chapter' at EssilorLuxottica after 50% value drop
Stocks

Del Vecchio heir urges 'new chapter' at EssilorLuxottica after 50% value drop

Leonardo Maria Del Vecchio is pressing for a strategic overhaul at EssilorLuxottica, the eyewear giant behind Ray-Ban and Oakley, after its

Eleanor Whitfield ·
UK minister to meet JLR CEO as carmaker targets £1.7bn savings
Stocks

UK minister to meet JLR CEO as carmaker targets £1.7bn savings

Jaguar Land Rover is aiming for £1.7 billion in savings and a voluntary redundancy program over two years. UK minister Jonathan Reynolds wil

Marcus Devlin ·
Spire Healthcare agrees to £1.03bn takeover by private equity consortium
Breaking

Spire Healthcare agrees to £1.03bn takeover by private equity consortium

Spire Healthcare has agreed to a £1.03bn takeover by a consortium led by Toscafund, Three Hills, and Ares. The 250p-per-share offer is a 66%

Eleanor Whitfield ·
Guidewire, Lululemon, Tesla tumble on weak outlooks and safety probe
Stocks

Guidewire, Lululemon, Tesla tumble on weak outlooks and safety probe

Guidewire, Lululemon, and Tesla dropped sharply on weak outlooks and a new US auto-safety inquiry into Tesla's Cybercab. The selling came wi

Marcus Devlin ·
Campbell's dividend cut signals a longer reset ahead
Stocks

Campbell's dividend cut signals a longer reset ahead

Campbell's is cutting its quarterly dividend by 36% after RBC said fiscal 2027 guidance points to more margin pressure. The company targets

Eleanor Whitfield ·
Sandoz investors seek post-2028 growth plan at capital markets day
Stocks

Sandoz investors seek post-2028 growth plan at capital markets day

Sandoz heads into its Sept. 8 capital markets day with investors wanting more than a repeat of current goals. RBC expects fresh midterm targ

Marcus Devlin ·
ICOP won't overpay for Trevi after Webuild's cash bid
Stocks

ICOP won't overpay for Trevi after Webuild's cash bid

Italian underground engineering group ICOP says it won't chase Trevi 'at any cost' after Webuild's rival cash bid. The CEO says the all-shar

Marcus Devlin ·
Stellantis in talks to put Maserati on Huawei's car platform
Stocks

Stellantis in talks to put Maserati on Huawei's car platform

Stellantis is in talks with Huawei and China's JAC Group about a deal that could put its struggling Maserati brand on Huawei's Harmony Intel

Eleanor Whitfield ·
Bilibili raises $700M in convertible notes; Tencent buys $200M stake
Stocks

Bilibili raises $700M in convertible notes; Tencent buys $200M stake

Bilibili is raising $700 million through convertible notes due 2031, with Tencent agreeing to buy $200 million. The funds will support share

Eleanor Whitfield ·