Private Equity’s donor of one of the oldest British industrial manufacturing groups is in talks to sell an advanced defense technology company that will dismantle their parents. Sky News learned that Advent International, the buyout company that bought Cobham for 4 billion pounds sterling in 2020, then plunged Ultra Electronics listed in London in an … Read more
Sir Jim Ratcliffe hoists a “for sale” sign on the company he created during the COVVI-19 crisis to distribute hand-to-hand disinfections to health and consumers. Sky News has learned that the billionaire’s newspaper newspaper asked advisers to launch an auction of hygienic ineos, which was created during the pandemic, establishing six factories within ten days … Read more
WH SMITH is in secret talks to sell all its street business in Great Britain over 230 years after opening its first store in the center of London. Sky News can exclusively reveal that the retail group listed, which has a market capitalization of nearly 1.5 billion pounds sterling, has been in negotiations with a … Read more
Barclays is set to complete a deal to shed its UK merchant acquiring arm, allowing it to remain an investor in the business. Sky News has learned that Barclays and Brookfield, the Canadian asset management giant, are in detailed talks over a deal which would see the British lender retain a 20% stake in the … Read more