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L&G and Federated Hermes merge UK property funds worth $6.37bn
Legal & General (L&G) and Federated Hermes announced on Monday that they have merged their commercial UK property funds to form a combined portfolio valued at about £4.7 billion ($6.37 billion)
Soho House members’ club chain to be taken private in $2.7bn deal
Soho House & Co, the private members’ club operator, has agreed to be taken private in a deal valuing the company at about $2.7 billion, a move that ends its four-year run as a U.S.-listed stock.
Monzo explores UK mobile service as digital bank seeks new revenue lines
Monzo is exploring the launch of a UK mobile service that would operate on another carrier’s network, expanding the digital bank’s product set into a subscription-style telecom offering.
Phoenix Group unveils first Australian private debt deal
Phoenix Group has made its first private debt investment in Australia, marking the start of a planned push into the Asia-Pacific market, the UK insurer confirmed on Monday in London.
Tesla halves UK monthly lease fees amid sales slump
Tesla has nearly halved its monthly lease charges for UK drivers,
Government U-turn restores winter fuel payments for nine million pensioners
The government announced a major policy reversal that will restore winter fuel payments to nine million pensioners across England and...
Sanofi Expands UK presence with Vicebio acquisition
French pharmaceutical giant secures London-based vaccine developer for over €1 billion
M&S boss pay reaches £7 million despite cyber attack disruption
Marks & Spencer chief executive Stuart Machin received a total compensation package of £7 million for the year ending March 2025, representing a 39% increase from the previous year, despite a devastating cyber attack that knocked out online operations for six weeks
Jared Kushner’s firm acquires stake in British fintech OakNorth
Affinity Partners, the private equity firm founded by US President Donald Trump’s son-in-law Jared Kushner, has signed a deal to acquire an 8% stake in British digital lender OakNorth, according to sources familiar with the transaction.
Associated British Foods Secures Hovis Acquisition
Associated British Foods has announced the acquisition of Hovis Group from private equity firm Endless LLP for an undisclosed sum, marking a significant consolidation in the UK bread manufacturing sector.
Oxford Biomedica Raises £60 Million for US Expansion
Oxford Biomedica has successfully completed a £60 million fundraising through share placing and subscription to accelerate expansion of its US operations, the gene and cell therapy specialist announced today.
British insurer Aviva posts 22% jump in first-half operating profit
British insurer Aviva posted exceptional first-half results, reporting a 22 percent increase in operating profit
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