Category : Search result: hospitality acquisition


11,000 UK pubs fear closure ahead of Budget

A new poll reveals nearly 11,000 UK pubs fear closure within a year as publicans plead for VAT cuts and support in the upcoming Budget. Will the Chancellor act?

Nationwide's 18 London Branches Safe Until 2030

Nationwide Building Society confirms 18 London branches will remain open until at least 2030 as part of its 'last branch in town' pledge, bucking the UK's bank closure trend.

ABN Amro Buys NIBC Bank from Blackstone

Dutch banking giant ABN Amro acquires NIBC Bank from Blackstone in strategic expansion. Deal strengthens commercial banking presence with €672 million transaction.

UK Pub Closures Hit Devastating Record High

Britain's beloved pubs are vanishing at an alarming rate, with 509 establishments pulling their last pints in just three months as the hospitality industry braces for the upcoming budget.

Epiris plots £230m swoop on Next 15 divisions

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.

Kimberly-Clark acquires Kenvue in $27B mega-deal

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.

Sexism Haunts UK Wine Industry

Exclusive investigation reveals how sexism remains deeply embedded in the UK wine trade, with women facing daily microaggressions, harassment and systemic barriers to advancement.

Novo Nordisk Bids for Metsera, Challenging Pfizer's Offer

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.

Telegraph Sale Halted Over Chinese Spy Ring Fears

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.

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