Category : Search result: acquisition fraud


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.

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.

Romance Scam Crisis: Victims Lose £12k on Average

Exclusive data from Lloyds Bank exposes the devastating rise of romance scams, with victims losing over £12,000 each. Learn the crucial red flags to protect yourself from emotional and financial devastation.

Romance Scams: How to Spot the Red Flags

Exclusive: UK finance experts reveal the devastating emotional and financial toll of romance fraud, with victims losing an average of £18,500. Learn the critical warning signs to avoid becoming a target.

Mother jailed for faking cancer to scam friends £45k

A 44-year-old married mother has been sentenced to 20 months in prison at Isleworth Crown Court after admitting to a cruel fraud where she pretended to have terminal cancer to con her friends out of £45,000.

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.

Students lose £15m in sophisticated bank scam

Exclusive: UK students are losing life-changing sums to a convincing 'bank security' scam. Learn how the fraud works and how to protect yourself from this growing crisis.

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.

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