Category : Search result: Chinese acquisition


Lego's £6.8bn Merlin Takeover Finalised

The Lego Group's parent company finalises a £6.8 billion acquisition of Merlin Entertainments, uniting Legoland parks with Alton Towers and Sea Life in a landmark deal for the UK tourism industry.

CMA Launches Probe into Nationwide-Virgin Money Merger

The UK's Competition and Markets Authority has initiated a formal 'phase 1' investigation into the proposed £2.9 billion acquisition of Virgin Money by Nationwide Building Society, scrutinising potential impacts on consumer choice and competition.

$30bn Santos Takeover Collapses After Abu Dhabi Exit

A massive $30bn acquisition of Australian energy giant Santos by an Abu Dhabi-led consortium has been abruptly terminated, sending shockwaves through global energy markets and raising questions about the future of fossil fuel investments.

Chinese heiress in £2.5m phantom Rolls-Royce court battle

Exclusive: The glittering world of super-rich Chinese heiress LanLan Yang is unravelling in a London High Court drama. Discover the shocking tale of a £2.5 million Rolls-Royce that never was, a disputed £15 million Mayfair property, and the high-stakes le

Unilever sells Ben & Jerry's to Greenfield Partners

Consumer goods giant Unilever has offloaded the ice cream brand Ben & Jerry's to its long-time licensee, Greenfield Partners, following a protracted legal and political battle over its operations in Israel and the West Bank.

JD.com in £1.4bn Talks to Buy Argos from Sainsbury's

Chinese retail giant JD.com is in advanced talks to acquire Argos from Sainsbury's in a potential £1.4bn deal, a move that could reshape the UK's non-food retail landscape and mark a major strategic shift for the supermarket chain.

Chinese nationals exploit loophole to buy Texas land

An exclusive Guardian investigation reveals how Chinese investors are exploiting a US legal loophole to purchase vast tracts of Texas land, raising national security concerns and prompting calls for stricter oversight.

Sainsbury's in Talks to Sell Argos to China's JD.com

Sainsbury's is in exclusive negotiations to sell its Argos general merchandise division to China's JD.com in a landmark deal that could reshape the UK's retail landscape and mark a major strategic retreat for the supermarket chain.

Sainsbury's Sells Bank to China's Ping An in Strategic Shift

Supermarket giant Sainsbury's is in exclusive negotiations to sell its lucrative banking division to Shenzhen-based Ping An Insurance Group, marking a major strategic shift and a significant Chinese investment into the UK's retail banking sector.

Next Acquires Cath Kidston in Major High Street Rescue

British retail giant Next has swooped to acquire the iconic Cath Kidston brand, saving it from administration and securing 125 jobs. The deal includes the brand, domain names, and intellectual property, but all UK stores will close permanently.

Samantha Cameron's Cefinn Label Acquired

The premium womenswear brand Cefinn, founded by former Prime Minister's wife Samantha Cameron, has been sold to private investment firm Level Five in a deal securing its future.

Anglo American Rejects £34bn BHP Takeover Bid

London-listed mining titan Anglo American has emphatically rejected a colossal £34 billion takeover proposal from Australian rival BHP, branding the bid 'highly unattractive' and opportunistic. The deal would have created a global mining behemoth.

BlackRock's £2.1bn Aletto Power Acquisition Finalised

Investment titan BlackRock secures a landmark $2.6 billion deal to acquire Minnesota Power's parent company, Aletto. This strategic move signals a major shift in energy sector ownership and raises pivotal questions about renewable investment and market co

Teen coder sells AI app for millions in landmark deal

Exclusive: 18-year-old Zach Yadegari becomes an overnight tech millionaire after his revolutionary AI-powered keyboard app, 'TypeAI', is acquired by a major New York firm in a landmark seven-figure deal.

Venice's Lion of St Mark's May Have Chinese Origins

New scientific analysis suggests the legendary bronze lion guarding Venice's St Mark's Square contains metalwork possibly manufactured in 11th-century China, rewriting art history and trade routes.

John Lewis Resurrects Topshop in Surprise ASOS Deal

The John Lewis Partnership has acquired the Topshop, Topman, and Miss Selfridge brands from ASOS in a surprise move, planning to reintroduce the iconic labels to the British high street through its department stores and potentially Waitrose supermarkets.

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