Group behind Sykes Holiday Cottages widens loss to almost £75m July 8, 2024 The group that includes Sykes Holiday Cottages saw its pre-tax loss widen to almost £75m during its latest financial year, it has been revealed.
Evri: Chinese online retailer JD.com emerges as potential bidder for £2bn parcel delivery giant July 3, 2024 British parcel delivery company Evri could be the target of Chinese online retailer JD.com, according to reports.
Tritax Eurobox extends bid deadline as other interest parties emerge July 2, 2024 The deadline for Brookfield Asset Management to make a formal offer for the European real estate investment trust (REIT) Tritax Eurobox has been extended, as more companies were revealed to have expressed an interest in the trust.
Bistrot Pierre cuts jobs and closes restaurants as it tumbles further into the red July 2, 2024 French restaurant chain Bistrot Pierre has more than 100 staff and closed multiple sites as its goal as it battled to return to profitability.
Knight Frank: Investment in UK hotels jumps 50 per cent in a year July 1, 2024 Major deals by Blackstone, Landsec and Starwood Capital contributed to over £3bn of investment into UK hotels in the first half of 2024, already surpassing the total for last year by 50 per cent, Knight Frank data has revealed.
Why did Blackrock just spend billions on a data company? July 1, 2024 Blackrock revealed this morning it would be spending £2.6bn in cash on Preqin, a private markets analytics and research provider. Why?
Legal & General launches new fund to funnel £400m into private UK businesses July 1, 2024 Legal & General said the plans would help boost the economy and its bottom line.
TDR Capital seeks £2.5bn-plus sale of training business BPP June 30, 2024 British private equity giant TDR Capital is reportedly planning a £2.5bn-plus sale of professional training course business BPP.
Blackstone checks in at Village Hotels as takeover announced June 26, 2024 US private equity giant Blackstone has completed the acquisition of Village Hotels, it has been announced.
Apax Global Alpha launches ‘flexible’ capital allocation framework and kicks off buyback June 26, 2024 Private equity investment trust Apax Global Alpha has unveiled a new capital allocation framework and kicked off a share buyback programme to take advantage of "wide discounts", also announcing the retirement of its long-serving chair.