Real Madrid have become the first football club to generate more than €1 billion (£845 million) in revenue in a single year, putting themselves at the top of the financial services company rankings. Last season’s La Liga and Champions League winners, Deloitte said the Spanish club had surpassed Manchester City to regain first place in … Read more
Klarna investors have been asked to indicate their interest in selling their shares by the start of next month, which also indicates that the Buy Now Pay Later (BNPL) giant is set to launch a listing on the United States, valuing it at around $20 billion. Sky News has learned that shareholders in one of … Read more
A proposed agreement that would see three tobacco The giants’ payout of billions to provinces and territories, as well as smokers across Canada, has been approved by the companies’ creditors, a lawyer representing some of the creditors said Thursday, calling it an important step in a long-running legal saga . The proposed $32.5 billion global … Read more
A British hedge fund trader has been sentenced to 12 years in prison in Denmark for a billion-pound tax fraud. Sanjay Shah54, was behind a business scheme known as ‘cum-ex’ which fraudulently obtained 9 billion Danish kroner (£1 billion) in dividend tax refunds from the Danish Treasury between 2012 and 2015. Shah, who appeared in … Read more
The breakup of one of Europe’s largest classifieds groups will be kicked off this week with the more than €500m (£414m) sale of Distilled, a major player in the Irish online advertising market . Sky News has learned that Adevinta, which was previously listed in Oslo and taken private by private equity firms Blackstone and … Read more