Category : Acquisitions


Revel Collective sets January 9 deadline for bids

The Revel Collective, owner of Revolution and Revolucion de Cuba bars, has set a deadline for takeover bids next week amid falling sales and rising debt. Read the latest on this major hospitality sale.

Ricky Gervais' net worth rockets to £130m

Comedian Ricky Gervais' wealth hits £130m as his main production company's value nears £20m. New Netflix special and tour fuel his financial rise from a Reading council estate.

Meta buys AI startup Manus for over $2 billion

Meta, owner of Facebook and Instagram, has acquired AI startup Manus in a deal worth over $2bn to enhance its AI capabilities. Discover the details and implications of this major tech acquisition.

Napoli add huge €85m clause to Hojlund's contract

Napoli have reportedly inserted a staggering €85m release clause into Rasmus Hojlund's future contract, signalling their belief in the Man Utd loanee. Discover the details of the deal and his impressive form in Serie A.

CEO Pays Staff £327k Each After £1.2bn Sale

Graham Walker, former CEO of Fibrebond, shared 15% of the sale proceeds with his 540 employees, gifting an average of £327,000 each. Discover how this act of generosity changed lives.

SoftBank buys DigitalBridge for $4bn to boost AI portfolio

Japanese investment giant SoftBank Group is set to acquire digital infrastructure investor DigitalBridge Group for $4bn, a major move to deepen its ties to the booming artificial intelligence sector. Discover the strategic details.

Martha Stewart invests in Swansea City FC

US TV host and author Martha Stewart has become a minority owner of Swansea City FC, joining Snoop Dogg and Luka Modric. Read the full story on this surprising investment.

Pakistani consortium buys 75% stake in PIA

A Pakistani consortium has acquired a 75% stake in the national carrier PIA for 135bn rupees, marking a key privatisation demanded by the IMF. Read the full details.

Netflix Warner Bros Deal Threatens UK Cinemas

The proposed $82.7bn Netflix-Warner Bros acquisition could shorten theatrical windows, dealing another blow to UK cinemas still recovering from the pandemic. Read the full analysis.

CMA investigates ABF's Hovis acquisition

The Competition and Markets Authority has begun a formal investigation into Associated British Foods' purchase of Hovis. Discover the potential impact on the UK bakery sector.

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