UK-based partners at Grant Thornton, the accountancy firm, have voted to sell a majority stake to Cinven, the private equity firm. Sky News has learned that the GTUK partnership voted unanimously in favor of the deal, a decision which is expected to be announced internally as early as Monday. Support for this operation was widely … Read more
Qatar’s leading state fund will confirm the purchase of a significant minority stake in the Audi Formula One (F1) team on Friday, marking the latest major global sports investment by a sovereign investor. Sky News has learned that the Qatar Investment Authority (QIA) has reached an agreement to acquire around 30% of the F1 team, … 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
A new investment vehicle founded by one of Britain’s biggest venture capitalists has taken a stake in Atom Bank, the digital-only lender. Sky News has learned that Lexham Partners, set up this year by Dominic Perks, co-founder of Hambro Perks, is negotiating the purchase of a multi-million pound stake in Atom Bank from a number … Read more