14 h. ago Assura ‘minded’ to agree new £1.61bn private equity takeover approach

Kohlberg Kravis Roberts has teamed up with fellow US investment firm Stonepeak Partners for a fifth approach worth 49.4p a share.

Economics

49 h. ago Boots staff braced for job cuts after owner sells up to US buyout barons

Its parent company, Walgreens Boots Alliance, is being taken over by buyout barons at Sycamore Partners in a deal worth nearly £18.4 billion.

Politics

63 h. ago ‘It’s so exciting to be in on this’: why Chelsea owners bought into the Hundred

Jonathan Goldstein, who with Todd Boehly spent £40m to buy half of Trent Rockets, say English cricket has been ‘significantly underexploited’ until nowAs a man who has negotiated with Roman Abramovich and Daniel Levy, Jonathan Goldstein is no novice when it comes to investing in sport, but even he professes to have been stunned and thrilled when participating in last month’s Hundred auction.The Chelsea director “maintained discipline” as a rival Silicon Valley consortium featuring the chief executives of Microsoft and Google paid £144m for 49% of London Spirit. He then returned to the England and Wales Cricket Board’s virtual auction room the following week to buy half of Trent Rockets for £40m, in partnership with Todd Boehly, the Chelsea co-owner and chair, and the private equity company Ares Management. Continue reading...

Politics

3 d. ago ALEX BRUMMER: Boots' uncertain fate adds to worries about our hollowed out High Streets

With owner Walgreens' sale to another private equity owner, the best that can be hoped is that Boots is set free without being loaded with debt, as soon as possible.

Politics

3 d. ago City faces battle to win Boots listing after private equity sale

The owner of Boots has been sold for almost £8billion - reviving hopes that the pharmacy chain could be floated in London.

Economics

3 d. ago Boots owner agrees £18.4bn takeover deal with private equity firm

Walgreens Boots Alliance said private equity firm Sycamore Partners plans to pay its investors $11.45 (£8.86) per share.

Economics

3 d. ago Walgreens executive looks to reassure Boots staff after Sycamore deal

Ornella Barra calls take-private deal a ‘strategic milestone’ for UK pharmacy chain

Economics

3 d. ago Boots takeover completed amid uncertainty on impact for 1,800 UK stores

Walgreens Boots Alliance said Sycamore will pay 11.45 dollars (£8.89) per share, giving the deal an equity value just under 10 billion dollars (£7.76b)

Politics

3 d. ago Walgreens agrees to be acquired by private equity firm for almost $10 billion

Walgreens Boots Alliance says it has agreed to be acquired by the private equity firm Sycamore Partners as the struggling retailer looks to turn itself around after years of losing money

Economics

4 d. ago Private equity group Sycamore to take Walgreens private in $10bn deal

Tie-up will bring to an end the drugstore chain’s century-long run as a public company

Economics

4 d. ago Iconic high street brand to be sold in £8 billion deal this week after closure of 300 stores

The beauty and healthcare giant could be sold to private equity firm Sycamore Partners as early as this week, according to reports

Economics

5 d. ago Private equity industry shrinks for the first time in decades

Assets under management fell 2% last year as investors pull back from investing in sector

Politics

6 d. ago Fears over the future of Boots as private equity closes in on £8bn takeover of owner Walgreens

Boots-owner New York-listed Walgreens Boots Alliance is close to finalising a takeover deal with buyout group Sycamore Partners.

Economics

8 d. ago Shield British defence firms from US raiders, top brass sound a warning

Fears over the sale of some of Britain's leading defence firms to US private equity barons have surfaced as defence giant Chemring is being targeted.

Events

9 d. ago Blackstone chief Schwarzman’s income eclipsed $1bn last year

Private equity group increased dividend payouts 18% in 2024, benefiting several top company executives

Events

1 week ago Freshfields hires private equity duo from Paul Hastings in London

Freshfields hires private equity duo from Paul Hastings in London  Financial News

Politics

1 week ago Former In The Style CEO Adam Frisby breaks silence over 'staff being made redundant without pay as retailer faces administration'

The fashion company was founded by Adam in 2013, but was acquired by UK-based private equity firm Baaj Capital for £1.2million in March 2023.

Economics

2 w. ago Apple cheers Trump with $500bn US investment plan; UK defence firm Chemring ‘targeted’ by private equity firm – business live

One of the world’s largest private equity investors has made an approach to buy Chemring, the FTSE 250 defence group, Sky News reportsGerman election live: Merz says priority is to make Europe independent from US on defence as coalition talks to beginShares in some European weapons makers are rising in early trading too.German tank maker Rheinmetall jumped 3% at the start of trading, while in London BAE Systems are up 1.7%.‘’A dose of more certainty has been injected into European politics, with the Germany’s Conservatives winning the elections. It comes at a crucial time for the continent. Three years on from the invasion of Ukraine, high stakes deal making between the US and Russia continues, Ukraine is out in the cold and the outcome will have huge implications for security in Europe.There is a dawning realisation that European nations will have to pull together and present a more united deterrent force, and Friedrich Merz, the CDU leader, is reading from that script. He has pled...

Economics

2 w. ago UK defence firm Chemring ‘targeted’ by private equity firm Bain Capital– business live

One of the world’s largest private equity investors has made an approach to buy Chemring, the FTSE 250 defence group, Sky News reportsGerman election live: Merz says priority is to make Europe independent from US on defence as coalition talks to beginShares in some European weapons makers are rising in early trading too.German tank maker Rheinmetall jumped 3% at the start of trading, while in London BAE Systems are up 1.7%.‘’A dose of more certainty has been injected into European politics, with the Germany’s Conservatives winning the elections. It comes at a crucial time for the continent. Three years on from the invasion of Ukraine, high stakes deal making between the US and Russia continues, Ukraine is out in the cold and the outcome will have huge implications for security in Europe.There is a dawning realisation that European nations will have to pull together and present a more united deterrent force, and Friedrich Merz, the CDU leader, is reading from that script. He has pled...

Economics

2 w. ago Scotland Rich List 2025: Ian Wood and Donald Mackenzie named by Forbes as richest billionaires from Scotland

From oil services to private equity, Scottish billionaires have built global empires 🌍

Politics