Thursday, 25 April 2019
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Tag Archives: deal

Informa confirms offer to buy rival UBM in deal valued at £3.9bn

Events and business information company, Informa PLC (LON:INF) has made a £3.9bn formal offer to buy rival UBM PLC (LON:UBM). UBM shareholders will receive 1.083 new Informa shares and 163p in cash for each of their shares to create the world’s largest business events company with a stock market value ...

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Chelsea set to complete £15m deal for Ross Barkley

LONDON: Chelsea manager Antonio Conte feels the club have taken a “good opportunity” to sign Everton midfielder Ross Barkley. The 24-year-old is expected to have a medical with the London club on Friday prior to completing a £15m move. When asked about the deal, Conte told reporters Barkley was a ...

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Apple Agrees to Deal With Ireland Over $15 Billion Unpaid Tax

BRUSSELS: Ireland will begin collecting €13 billion ($15.46 billion) in back taxes from Apple Inc. as soon as early next year after both sides agreed to the terms of an escrow fund for the money, Ireland’s finance chief said Monday. The European Union in 2016 ordered Dublin to retrieve the ...

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Michael Kors buying Jimmy Choo in £896m deal

LONDON: Luxury shoe brand Jimmy Choo is to be acquired by US fashion brand Michael Kors in an £896 million deal. London-listed Jimmy Choo put itself up for sale as part of a strategic review in April and on Tuesday Michael Kors said it is “the ideal partner” for the ...

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Tesco to merge with food wholesaler Booker in £3.7bn deal

THE grocery giant said the tie-up will create “the UK’s leading food business” and deliver significant cost savings for the combined group. Booker is the country’s largest wholesaler and owns the Londis and Budgens convenience store brands. The companies said the deal would bring “benefits for consumers, independent retailers, caterers, ...

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Rolls-Royce to pay £671m to settle bribery probes

LONDON: Rolls-Royce has reached a deal to pay £671m to regulators around the world to settle allegations of bribery and corruption, including the largest UK fine ever imposed on a company for criminal conduct. The UK’s flagship engineering company has been under investigation in the US and UK for alleged ...

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UK and Argentina sign war-dead deal

LONDON: The UK and Argentina have signed a deal to identify 123 Argentine soldiers buried on the Falkland Islands. The International Committee of the Red Cross has been negotiating an agreement on taking DNA samples from the remains of men who died in the 1982 conflict. The graves in the ...

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RBS chairman calls for transitional Brexit deal for banks

LONDON: The chairman of RBS, Sir Howard Davies, has backed calls for a transitional deal with Europe when Britain leaves the union, warning of the risk to banks if they swiftly lost access to the single market and passporting rights. “I think it is damaging if we don’t get a ...

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Iran signs major gas deal with France´s Total

TEHRAN: Iran signed a deal with France’s Total on Tuesday to develop a major offshore gas field, its first big contract with a Western energy firm since sanctions were loosened in January. Total will lead a consortium also including China National Petroleum Corporation (CNPC) and Iran’s Petropars to develop Phase 11 ...

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