Amigo Holdings PLC has said that it will become a company with only cash assets and seek a reverse takeover target after making progress on the planned liquidation of its troubled subprime lending arm.
Amigo Holdings PLC has said that it will become a company with only cash assets and seek a reverse takeover target after making progress on the planned liquidation of its troubled subprime lending arm.
Swiss pharmaceutical behemoth Roche Holding AG said Thursday that it has agreed to acquire U.S.-based clinical-stage biopharmaceutical company 89bio Inc. for up to approximately $3.5 billion to boost its portfolio in treatments for cardiovascular, renal and metabolic diseases.
Investment manager Premier Miton's London-listed renewables trust said Thursday that it will wind up because it is "too small to be relevant in the current market."
A court in London has handed the former chairman of AllSaints a suspended prison sentence for contempt of court by breaching a court order and claiming an interest in shares in the high street fashion chain after his fraud allegations were rejected.
Swedish investment firm EQT said Thursday that it has completed its acquisition of a majority stake in natural gas producer Waga, paving the way for a full takeover of the business.
The combined reserves of the 40 biggest charities in England and Wales that sponsor defined benefit retirement savings plans has dropped slightly, but many pension programs in the sector are now "closer than ever" to buyout, according to Hymans Robertson.
The Competition and Markets Authority urged "interested parties" on Thursday to comment on the potential acquisition by Associated British Foods PLC of bread company Hovis Group Ltd.
The U.K.'s financial watchdog said Thursday it is considering changes to regulation because it is worried about the threat posed by offshore risk transfer deals used by life insurers to meet surging demand from the pensions industry.
Baker Botts LLP has hired an aviation finance and transaction team of three from White & Case for its Dubai office, as the firm continues to expand its energy, digital infrastructure, and technology-driven finance practices across the Middle East.
Bird & Bird LLP said Thursday that it has hired a new team in Portugal to open an office in Lisbon, strengthening its position in the wider Iberian market after expanding its footprint in Japan and Saudi Arabia in recent years.
