Sony writes off £155m from Bungie acquisition
Sony admits its £2.7 billion Bungie buyout has underperformed, recording a £155m loss as Destiny 2 struggles. Can the delayed Marathon reboot turn things around?
Sony admits its £2.7 billion Bungie buyout has underperformed, recording a £155m loss as Destiny 2 struggles. Can the delayed Marathon reboot turn things around?
Princes Group shares surged nearly 5% as CEO Simon Harrison announced plans for acquisitions following their London Stock Exchange listing. Pre-tax earnings jumped 51% to £111.1m. Discover the full story.
Insurance broker Howden agrees to acquire Evelyn Partners' employee benefits consultancy for an undisclosed sum. The deal, set for Q1 2026, expands Howden's UK corporate health offerings.
The Very Group, owned by the Barclay family for over 20 years, has been acquired by US private equity firm Carlyle. Discover the details of this major UK retail deal.
Atletico Madrid has been valued at £2.2bn after US firm Apollo Global Management acquired a majority stake. Discover how this private equity move reshapes European football.
London Stock Exchange Group announces 3,000 job cuts as part of digital transformation strategy. Discover how this restructuring will reshape the financial giant's future operations.
In a dramatic political move, Labour MPs are resurrecting the legendary Tribune group to counter the growing threat from Nigel Farage's Reform party, signalling a major shift in Westminster's power dynamics.
BT Group makes strategic move to acquire budget broadband provider Plusnet amid ongoing customer losses and intense market competition. Discover how this acquisition aims to bolster BT's market position.
The controversial redevelopment of Dharavi, one of Asia's largest slums, begins amid protests and uncertainty for its million residents as the Adani Group initiates demolition.
Former UK girl group member opens up about fearing she was 'too old' to start a solo career after years in the music industry spotlight.
News Group Newspapers agrees to significant payout and apology to retired teacher falsely implicated in Joanna Yeates murder case after defamatory coverage.
LSEG vehemently denies allegations of misleading a data analytics company during its 2022 acquisition process, dismissing claims as 'opportunistic' and 'without merit' in ongoing legal battle.
An investigation reveals veterans organisation R Blighty breached charity fundraising regulations with aggressive tactics. Discover the consequences and what comes next.
A night of European football delivered edge-of-the-seat action as Tottenham secured a nervy victory while PSG claimed a crucial win against German giants Bayern Munich in the Champions League group stages.
Sir Richard Branson's Virgin Group is in advanced talks to transform Kent's abandoned Ashford International station into a vibrant new transport and business hub, potentially creating thousands of jobs.
The passing of Gopichand Hinduja, co-chair of the influential Hinduja Group, marks the end of an era for global business and Indian industry. Discover his remarkable journey and legacy.
London Stock Exchange Group initiates massive £1 billion share repurchase scheme, appointing Citigroup to execute the programme in strategic capital return move.
The frontrunner to acquire The Telegraph faces regulatory scrutiny after reports emerge of potential violations in safeguarding editorial independence during takeover negotiations.
London-based buyout firm Epiris is reportedly in advanced talks to acquire several key divisions from marketing giant Next 15 in a deal valued at approximately £230 million, signalling major consolidation in the digital communications sector.
In a landmark healthcare deal, Kimberly-Clark announces plans to acquire Kenvue, creating a consumer goods powerhouse worth over $100 billion and reshaping the industry landscape.
Digital media giant Brave Bison, supported by Rupert Murdoch, makes strategic move to acquire M&C Saatchi's performance marketing arm in major industry shakeup.
London's financial elite are preparing to launch a massive cash shell company to fund acquisitions worth up to £5 billion, targeting undervalued UK businesses in ambitious expansion move.
Good Morning Britain presenter Kate Garraway reveals the surprising story of one famous contestant who refused to join the cast's bonding WhatsApp chat during filming of the hit BBC show.
Ex-TGI Fridays chief Karen Forrester spearheads investment group's takeover of prominent UK restaurant chain, signalling major shake-up in casual dining sector.
London-listed Fresnillo PLC makes bold North American move with acquisition of Canadian mining firm, signalling major growth strategy in precious metals market.
The iconic canned food giant Princes Group has launched its London stock market debut at the lower end of expectations, raising questions about investor appetite for new listings in challenging market conditions.
Danish pharmaceutical giant Novo Nordisk has entered a bidding war with Pfizer for obesity-focused biotech firm Metsera, potentially disrupting the US company's planned acquisition in a major power play for obesity treatment dominance.
Australian indie legends Youth Group make a stunning comeback after 12 years with their powerful new album 'Big Whoop', exploring middle age with raw honesty and musical brilliance.
The controversial sale of The Telegraph to a Chinese-backed consortium faces collapse after UK intelligence raised alarms about alleged espionage connections, throwing the media empire's future into uncertainty.
High street giant Bodycare purchases The Body Shop's UK operations, raising questions about store closures and brand revival strategies.