Category : Search result: banking acquisition


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.

Major UK Bank: AI Could Replace Thousands of Jobs

Exclusive: A leading British bank has warned that artificial intelligence could replace thousands of jobs, signalling a major shift in the UK's financial employment landscape. Discover which roles are most vulnerable.

Lloyds blocks card over twin sister identity mix-up

A Lloyds Banking Group customer reveals how a system error mistakenly linked her identity to her twin sister, leaving her unable to access her new credit card and trapped in a bureaucratic loop for weeks.

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.

RBA to Ban Card Surcharges, Banks Fight Back

The Reserve Bank of Australia plans to eliminate debit and credit card surcharges, facing fierce opposition from major banks who warn of unintended consequences for consumers and businesses.

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.

Lloyds Bank £175 Free Cash Giveaway

Lloyds Bank is offering a massive £175 cash incentive for new customers who switch their current account. Discover the simple steps to claim your free money and the terms you need to know.

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.

Barclays charges £100 fee for 67p overdraft

A Barclays customer was left in shock after being charged a staggering £100 fee for a minuscule 67p overdraft. Read the full story of this banking scandal and how to protect yourself from similar charges.

Autumn 2025 Bank Closures: Full List of Shutting Branches

Exclusive: Major UK banks including Barclays, Lloyds, and HSBC announce a fresh wave of branch closures for Autumn 2025, leaving communities without vital local banking services and raising concerns about financial exclusion.

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.

Barclays & BoS Face Massive Fines Over Unfair Mortgages

The UK's financial watchdog, the FCA, is set to impose significant penalties on Barclays and Bank of Scotland for failing to offer existing customers the same competitive mortgage rates available to new clients, a practice affecting thousands of borrowers

Lloyds Bank to Close 45 Branches in 2025

Lloyds Banking Group announces the closure of 45 Lloyds and Halifax branches across England and Wales in 2025, citing a dramatic shift to digital banking. Discover if your local branch is affected.

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

Osborne's Robey Warshaw in shock Evercore takeover bid

Former Chancellor George Osborne's boutique investment bank, Robey Warshaw, is in advanced talks to acquire Wall Street giant Evercore in a monumental deal that would reshape the global financial advisory landscape and create a transatlantic powerhouse.

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.

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