InPost UK Losses Hit £20m in Festive Quarter
Parcel locker firm InPost reveals UK arm tumbled to £20.1 million loss in crucial Christmas quarter, with earnings forecast flat for 2026 ahead of FedEx-led takeover.
Category : Acquisitions
BHP Names Brandon Craig as New CEO to Succeed Mike Henry
BHP, the world's largest mining group, has announced Brandon Craig as its new chief executive, replacing Mike Henry effective July 1. Craig, currently BHP's Americas boss, will lead the company after Henry's six-and-a-half-year tenure.
Paramount-Warner Merger: Hollywood Job Loss and Creativity Fears
Paramount's $111bn acquisition of Warner Bros could lead to 25,000 job cuts, stifle creative innovation, and reduce film output, raising concerns over Hollywood's future amid industry consolidation.
Stephen Smith Buys Stake in The Economist Magazine
Stephen Smith has purchased a significant stake in The Economist, a move that could influence the magazine's editorial direction and strategy in the evolving media landscape.
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Fatburger, Johnny Rockets May Be Sold in FAT Brands Bankruptcy
FAT Brands, owner of Fatburger and Johnny Rockets, seeks court approval to sell assets amid Chapter 11 proceedings, with debts estimated between $1-10 billion.
Icelandic Airline PLAY Enters Administration, All Flights Grounded
Icelandic low-cost carrier PLAY ceased operations in September 2025, entering administration and grounding all flights, affecting approximately 400 employees.
Mark Wright and Michelle Keegan Close Aytee7 Sportswear Brand
Celebrity couple Mark Wright and Michelle Keegan have discreetly shut down their joint sportswear venture Aytee7, which was exclusively sold at Very, amid focus on parenting and other business projects.
NCP Administration Puts 700 Jobs at Risk Across UK
National Car Parks, the UK's largest car park operator, has fallen into administration, endangering nearly 700 jobs. PwC appointed as administrators cites pandemic impacts and high costs.
Warner Bros CEO Zaslav in Line for $700m Paramount Deal Payout
Warner Bros Discovery CEO David Zaslav could receive up to $700m from the Paramount Skydance deal, including severance and stock awards, amid studio Oscar wins and potential job cuts.
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Twitter Shareholder Trial Closing Arguments Begin Against Musk
Closing arguments commence in San Francisco trial where Twitter shareholders accuse Elon Musk of deceptive practices that drove down stock value during his $44 billion acquisition attempt.
Jackie O's Manager in Debt Crisis as Star Faces Legal Battle
Gemma O'Neill, manager and friend of Jackie 'O' Henderson, owes over $500,000 in debt, including $543,548 to the Australian Tax Office, as her talent agency liquidates. This unfolds as Jackie O battles a wrongful termination lawsuit with ARN.
NCP Car Park Operator Collapses into Administration
NCP, one of Britain's largest car park operators, has entered administration, putting 682 jobs at risk. PwC appointed as administrator, but all 340 sites remain operational.
NCP Car Park Firm Collapses Into Administration
NCP, one of Britain's largest car park operators managing 340 sites, has entered administration, threatening 682 jobs. Administrators PwC will explore options including a potential sale while operations continue normally.
Tilray Acquires BrewDog US Assets After UK Deal
Tilray Brands expands its North American craft beer footprint by acquiring BrewDog's US assets, including its Ohio brewery and Las Vegas site, following a recent UK rescue acquisition.
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CRH to Fully Delist from London Stock Exchange
Building materials giant CRH will completely delist from the London Stock Exchange on April 20, following its 2023 shift to a primary New York listing, dealing another blow to UK markets.
Townhouse Nail Salons Get £130m Investment for Expansion
Townhouse, the UK's largest luxury nail salon chain, has secured a £130 million valuation and backing from US private equity firm Cartesian Capital. The investment aims to fund hundreds of new franchised sites, addressing decades of under-investment in th
Axel Springer's Döpfner Aims for Telegraph as Top Centre-Right Outlet
Mathias Döpfner pledges to transform the Telegraph into the premier centre-right media outlet globally, following Axel Springer's surprise £575m acquisition, outbidding Daily Mail owner Lord Rothermere.
Dave Myers' Widow Gets £1.6M from TV Firm Liquidation
Liliana Myers, widow of Hairy Biker Dave Myers, is set to receive £1,589,421 after liquidating his TV production company, Sharpletter Ltd, following his death from cancer in 2024.
Parlour Farm Kitchens Bust, Directors Start New Company Amid Debts
Parlour Farm Kitchens, a luxury bespoke kitchen firm in Gloucestershire, has gone bust with over £2 million in debts, leaving customers out of pocket while directors set up a similar new company.
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Trump Treasury Gets $10bn in TikTok US Deal
The US Treasury is set to gain $10 billion as American investors, including Trump allies, take control of TikTok's US operations in a deal responding to national security laws.
JFK Jr's George Magazine: The Political Publishing Venture That Failed
John F. Kennedy Jr.'s ambitious political magazine George launched in 1995 but faced internal struggles and financial decline before ceasing publication in 2001, two years after his tragic death.
Live Nation Deal Criticised as States Reject Ticketing Settlement
A tentative agreement between Live Nation and the US government aimed at reforming concert ticketing has been met with scepticism from critics and over two dozen states who argue it fails to address monopoly concerns or lower prices for music fans.
Qantas Settles $105M Class Action Over Covid Flight Credits
Qantas has agreed to a $105 million settlement to resolve a class action alleging it breached refund obligations for cancelled flights during the Covid-19 pandemic, with no admission of liability.
Jo Malone Sued by Estee Lauder Over Name Use in Zara Deal
Fragrance entrepreneur Jo Malone is being sued by Estee Lauder's parent company for trademark infringement and breach of contract related to her name use in a Zara perfume collaboration.
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Jo Malone Sued Over Name Use in Zara Perfume Deal
Fragrance entrepreneur Jo Malone is being sued by Estee Lauder for allegedly breaching contractual terms by using her name in a recent Zara perfume collaboration, according to High Court filings.
Live Nation Employee Mocks Customers as 'Stupid' in Court Case
Incendiary internal messages where a Live Nation employee calls customers 'so stupid' and brags about 'robbing them blind' have been made public in an ongoing antitrust trial against the entertainment giant and Ticketmaster.
Google's $32bn Wiz Acquisition: Biggest in 28-Year History
Google has announced its largest acquisition ever, buying Israeli cybersecurity firm Wiz for $32bn to boost cloud security with AI tools, despite regulatory scrutiny.
Six Flags Sells Seven Parks in $331 Million Deal to Cut Debt
Six Flags is selling seven amusement and water parks across the US and Canada to EPR Properties for $331 million. The move aims to reduce debt and focus investment on higher-performing destinations, with parks continuing normal operations through 2026.
Google's $32B Wiz Deal: Biggest Acquisition in Company History
Google has completed its largest-ever acquisition, purchasing Israeli cybersecurity firm Wiz for $32 billion. The deal doubles its previous Motorola record and positions Google to dominate cloud security across all major platforms.
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Dog Whisperer Sues Government for £8m Over HS2 Land Grab
Top canine expert Matthew Wiggins is seeking over £8 million in compensation after his exclusive kennels were demolished for HS2, claiming years of uncertainty crippled his business supplying trained dogs to celebrities.
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