Tag: takeover

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Meggitt says US takeover will go ahead despite UK government intervention

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The British aerospace manufacturer Meggitt said it was confident its £6.3bn takeover by a US rival would go ahead, after the business secretary, Kwarsi Kwarteng, intervened in the deal over national security concerns....

Amnesty wants meeting with Premier League over Newcastle takeover

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Amnesty International has called for a meeting with the Premier League chief executive, Richard Masters, over the controversial takeover of Newcastle United. Sacha Deshmukh, Amnesty’s chief executive, has asked for th...

David Squires on … Newcastle United’s Saudi takeover

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Our cartoonist on the controversial Tyneside takeover and the questions of morality and mental gymnastics that have followed it

Jailed Saudi aid worker’s sister hits out at Newcastle takeover

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The sister of a Saudi aid worker jailed for tweeting criticism of the regime has spoken of her shock and anger after the Saudi-led takeover of Newcastle United was approved just 24 hours after the state upheld her bro...

Saudi-backed Newcastle takeover as much about status as sportswashing

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From heavyweight boxing to horse racing, from wrestling events to a grand prix; Saudi Arabia’s association with sport has become an integral, and contentious, part of its efforts to rebrand. But its latest play – taki...

Nations League drama and Newcastle takeover looms – Football Weekly Extra

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Max Rushden is joined by Barry Glendenning, Sid Lowe, Suzy Wrack, Nicky Bandini and Marcus Christenson How to listen to podcasts: everything you need to know ...

UK officials return to Afghanistan to meet Taliban for first time since takeover

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British officials have gone to Afghanistan for the first time since the country fell to the Taliban, meeting the group’s senior leaders in Kabul to discuss the humanitarian crisis and safe return of British citizens. ...

Morrisons’ new owner has plenty of wiggle room in takeover terms

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The auction for Morrisons wasn’t worth the wait, but the mission to cast Clayton Dubilier & Rice as a kindly, far-sighted owner of the UK’s fourth largest supermarket chain continues at full swing. Andrew Higginso...

Morrisons takeover battle moves to auction showdown

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The battle to buy the supermarket Morrisons will go to an auction process, the stock market’s Takeover Panel has confirmed. The private equity firms Fortress and Clayton, Dubilier & Rice (CD&R) must submit for...

Stagecoach takeover could mark end of a profitable era for bus and train tycoons

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It is testament to their dwindling empires that the proposed merger of Stagecoach and National Express, the UK’s biggest rail and bus operators not so long ago, will not unduly trouble the competition authority. Stage...

Taliban ask to address UN general assembly after Afghanistan takeover

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The Taliban have challenged the credentials of Afghanistan’s former United Nations ambassador and are asking to speak at the UN general assembly, a UN spokesperson has said. UN officials must now decide which represen...

India weighs up new security risks in wake of Taliban takeover

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As the Taliban last week announced the cabinet set to now govern Afghanistan, 600 miles away in Delhi, the mood was sombre. Of the 33 men who were given key posts, almost all have been with the Taliban since the group...

EasyJet rejects takeover approach amid £1.2bn fundraising push

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EasyJet revealed it had received and rejected a takeover approach as it launched a £1.2bn fundraising to see it through a slow recovery from the coronavirus pandemic. The budget airline said it had “received an unsoli...

Morrisons in talks with suitors and regulator to begin takeover auction

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Morrisons has announced it is in talks with both of its US private equity suitors, as well as the UK’s Takeover Panel, which regulates acquisition activity, to begin an auction procedure to settle who takes control of...

US firm nears takeover of UK aerospace supplier Meggitt after rival pulls out

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British aerospace manufacturer Meggitt is a step closer to a takeover by US company Parker-Hannifin after rival suitor TransDigm said it would not make an offer. Ohio-based TransDigm said on Tuesday that it was pullin...

UK government orders national security review of graphene firm’s takeover

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Business secretary Kwasi Kwarteng has ordered a national security review of a takeover by a Chinese academic of a small Welsh manufacturer of graphene – the thinnest and lightest “supermaterial” known. In a rare move,...

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