Deals and Agreements


British Fashion Council announces KPMG Enterprise as its latest patron

To mark the start of London Fashion Week 2015, KPMG, the professional services firm, has announced that it has become the latest patron of the British Fashion Council (BFC).
As part of the patronage, KPMG’s Enterprise practice, which works with privately-owned businesses from start-up through every stage of their development and growth, will support the [...]

RWE npower announces sale of subsidiaries to Utility Warehouse owner, Telecom Plus Plc, for £218m

On 19 November, RWE npower and Telecom Plus agreed the sale of RWE npower Limited’s subsidiary companies, Electricity Plus and Gas Plus, to Telecom Plus Plc, the owner of the Utility Warehouse brand. The transaction is subject to both the approval of Telecom Plus shareholders and the OFT; Completion is expected in late December or [...]

GSK reaches agreement to divest Lucozade and Ribena for £1.35 billion

Issued: Monday 9 September 2013, London UK – LSE Announcement
GlaxoSmithKline (LSE:GSK) today announced it has reached agreement to sell its nutritional drinks brands Lucozade and Ribena to Suntory Beverage & Food Ltd (SBF), the Japanese consumer goods company, for £1.35 billion in cash.  It is expected that the transaction will be completed by the end [...]

Land Registry goes big on open data

Land Registry is today, 28 June 2013, making its historical price paid records available to download for free as part of its open data programme. This will allow developers and businesses to use and reuse one of the world’s largest property datasets, comprising over 17 million residential cash and mortgage sales in England and Wales.
The [...]

Vodafone seals Kabel Deutschland bid

UK telecoms group Vodafone has agreed with the board of Kabel Deutschland to buy the German cable firm for £7.7bn (£6.6bn).
Vodafone Group Plc today announced its intention to acquire Kabel Deutschland Holding AG. The planned transaction values Kabel Deutschland at €87 per share, valuing the company’s equity at approximately €7.7 billion. The transaction is to [...]

European Parliament adopts deeply flawed unitary patent

European Parliament adopts deeply flawed unitary patent, gives up power over innovation policy
Today, the European Parliament has adopted a proposal to create a patent with unitary effect for Europe. This decision will leave Europe with a patent system that is both deeply flawed and prone to overreach. It also ends democratic control of Europe’s innovation [...]

Aldermore bank, raises £36 million to fund continued support for small businesses

Aldermore, one of Britain’s leading challenger banks and a participant in the government’s National Loan Guarantee Scheme, is pleased to announce that it has successfully raised £36 million of new capital.
The investment, (made by funds controlled by Centerbridge Partners, L.P., a leading private investment firm), strengthens Aldermore’s position as one of Britain’s most strongly capitalised [...]

Kodak Enters into Agreement for Proposed Sale of Gallery Photo Services Site to Shutterfly

Shutterfly to provide stalking horse bid in court-supervised auction process
ROCHESTER, N.Y., March 01 —

Eastman Kodak Company has announced that it has entered into an agreement with Shutterfly, a leading Internet-based social expression and personal publishing service, for the proposed sale of certain assets of its KODAK Gallery on-line photo services business for $23.8 million. [...]

Strategic Partnership formed to Revolutionise Facebook Marketing

360i parent company Dentsu Network West to invest in Expion to catapult social software company’s growth through integration of earned & paid social media

Digital agency 360i and social software firm Expion today announced a strategic partnership to revolutionize the way brands invest in Facebook. The partnership will result in the development of a powerful integrated [...]

Serial entrepreneur sells 3 year old company for $80m

Juniper Networks (NYSE: JNPR) announced, today, that it has acquired Mykonos Software, the leading provider of Intrusion Deception Systems that protect websites and web applications. Under the terms of the agreement, Juniper acquired Mykonos Software for a cash purchase price of approximately $80 million.
Mykonos Software is a private company that was [...]

Advertising

RSS BBC World Business Report

  • WBR: Wall Street Update 10 Jun 15 June 11, 2015
    Bank of England governor Mark Carney calls for tougher prison sentences for those who manipulate the markets, and New York proposes mandatory salt level warnings on restaurant menus. Plus our daily look at the markets with Doug McIntyre of 24/7 Wall Street.

RSS Peter Day's World of Business

  • In Business: Medellin Miracle 21 May 15 May 21, 2015
    Medellin used to be one of the most dangerous cites on earth; with a reputation for kidnapping and murder, as well as a thriving drugs trade. Now Colombia's second city has become a top global tourist destination. Peter Day reports on a remarkable transformation.
  • Global Business: Silicon Alley 14 May 15 May 14, 2015
    New York City has its own Silicon Alley and Manhattan is fast becoming a hub for high tech start ups. Peter Day talks to the entrepreneurs trying to make it in the Big Apple by taking advantage of the brain power no longer locked up in banks and the advances faster and smarter computers can offer.

RSS The Bottom Line with Evan Davis

RSS Money Box

RSS You and Yours

  • YYHighlights: Deliveroo and Airport VAT
    Just why do airport shops and pharmacy ask to see your boarding pass; and how you can get food from your favourite eat-in restaurant delivered to your door.