Tag archive for ‘United Kingdom’
By businessnewstoday On Tuesday, September 15th, 2020

British clothing retailer Next to form JV with Victoria’s Secret UK

(adsbygoogle = window.adsbygoogle || []).push({}); US fashion retailer L Brands has signed a deal with British clothing retailer Next Plc under which the latter will form a joint venture with its More...

By businessnewstoday On Monday, September 14th, 2020

NVIDIA to acquire British chip designer Arm from SoftBank for $40bn

US computing company NVIDIA has agreed to acquire Arm Limited, a British semiconductor and software design company, from Japan-based SoftBank Group and the SoftBank Vision Fund (together SoftBank) for $40 billion More...

By businessnewstoday On Wednesday, August 26th, 2020

WorldRemit to acquire app-based remittance company Sendwave

WorldRemit acquisition of Sendwave : UK-based cross-border payments company WorldRemit has agreed to acquire Sendwave, an app-based remittance company, in a cash and stock deal. The terms of the deal were not disclosed More...

By businessnewstoday On Wednesday, August 19th, 2020

Form3 Financial Cloud raises $33m for payment technology solutions

Back Office Technology, trading as Form3 Financial Cloud, a London-based fintech company, has raised $33 million in a new funding round for its cloud-native payment technology solutions. Following a Series B funding More...

By businessnewstoday On Tuesday, August 18th, 2020

Ardonagh Group acquires UK specialist MGA Thames Underwriting

The Ardonagh Group, a UK-based insurance broker, has acquired Thames Underwriting, an Essex-based specialist managing general agent (MGA) which offers insurance solutions to brokers in the construction, leisure, More...

By businessnewstoday On Friday, August 7th, 2020

Medline to acquire SensiCare, Aloe Vesta skin care products from ConvaTec

US healthcare company Medline has agreed to acquire the SensiCare and Aloe Vesta collection of skin care product lines from British medical products company ConvaTec for $29 million. Medline said that through the More...

By businessnewstoday On Sunday, July 26th, 2020

Standard Chartered invests in FX post-trade infrastructure provider Cobalt

Cobalt, a London-based foreign exchange (FX) post-trade infrastructure provider, said that it has secured an undisclosed investment from Standard Chartered, thereby expanding its bank investors. Standard Chartered, More...

By businessnewstoday On Saturday, July 25th, 2020

NRG Energy to acquire Direct Energy from Centrica for $3.62bn

NRG Energy acquisition of Direct Energy : US energy company NRG Energy has agreed to acquire Direct Energy, a North American subsidiary of British electric services company Centrica, in an all-cash deal worth $3.62bn. Direct More...

By businessnewstoday On Friday, July 24th, 2020

Quantexa raises $65m for contextual decision intelligence platform

Quantexa, a UK-based contextual decision intelligence software company that helps organizations to drive improved decisions from their data, has secured $64.7 million in a Series C funding round led by Evolution More...

By businessnewstoday On Sunday, July 19th, 2020

NKT wins €235m contract from SSEN for Shetland HVDC Link project

NKT has bagged a contract worth around €235 million from SSEN Transmission for the supply and installation of a high-voltage direct current (DC) interconnector to the Shetland HVDC Link project. The Danish power More...