Nestle buys Nature’s Bounty Company’s main brands for £4.13 billion
Nestle see the increasing consumer demand for nature brands and an ageing population make a promising market for natural ingredients for health products. To fulfil...
New ASDA owners takeover the restaurant chain LEON for £100m
Billionaire Issa brothers at EG Group pay £100m for 70-restaurant chain just months after buying ASDA supermarket chain from Walmart. The deal will bring together...
Wolseley, from Sheep shearing machines and Cars to Heating Products
Private equity giant, Clayton, Dubilier & Rice has taken over heating and plumbing distribution business Wolseley UK for £308m, sources confirmed. One of the oldest...
Huawei sells ‘Honor’ Smartphone Brand
Huawei is selling its ‘Honor’ smartphone brand to raise enough cash so that it can invest further in its own chip-making technology, which would in...
Netflix hires ITN Chief Anna Mallett to run its Global Studios
Netflix has hired Anna Mallett, the chief executive of ITN, which produces news for ITV, Channel 4 and Channel 5, to run its international studio operations...
Pfizer/BioNTech vaccine announcement is cause for cautious celebration
It is not yet the end of the pandemic, but the announcement by Pfizer/BioNTech that their vaccine has been 90% successful in the vital large-scale trials has...
ASDA sold to billionaire Issa brothers in £6.8bn deal
ASDA is returning to British ownership for the first time in 21 years after Walmart agreed terms for the £6.8 billion sale of the 3rd...
US Casino Firm Caesars buy British bookmaker William Hill for £2.9bn
US casino giant Caesars has agreed a £2.9bn takeover of British bookmaker William Hill. Caesars already owns a 20 per cent stake in William Hill‘s US...
Debenhams prepares to seek new owners via a sale of the business
Debenhams is reportedly pushing forward with a plan that could see a change of hands after retailer fell into administration for the second time within...
Next to takeover Victoria’s Secret UK franchise
Next has reportedly been chosen as the “preferred” UK franchise partner for Victoria’s Secret the world’s largest lingerie brand and has agreed an outline deal...