Category : Corporate


Coca-Cola Halts Costa Coffee Sale as Bids Fall Short

Coca-Cola has reportedly scrapped its auction of the Costa Coffee chain after private equity bids failed to meet its £2bn expectations. The move marks a major strategic shift for the UK's largest coffee shop operator.

Coca-Cola Abandons Costa Coffee Sale Plans

Coca-Cola halts the sale of Costa Coffee after bids, including one from Asda's owner, fall short of its £2bn target. The chain faces stiff competition and rising costs.

Aberdeen Chair Douglas Flint Steps Down

Douglas Flint has resigned as chair of Aberdeen plc, triggering a boardroom reshuffle. Read the full story on the leadership changes at the FTSE 250 investment giant.

Teneo Buys PwC NZ Restructuring Unit

Advisory firm Teneo, backed by CVC Capital Partners, expands into New Zealand by acquiring PwC's business restructuring services unit. The deal follows a similar move in Australia.

Diageo could sell Chinese assets under new CEO

Diageo, owner of Guinness and Johnnie Walker, is reportedly reviewing a sale of its Chinese operations. The move is part of new CEO Dave Lewis's strategy to streamline the global spirits giant.

Houlihan Lokey hires Estrangin to boost Paris office

Global investment bank Houlihan Lokey appoints former Rothschild banker Pierre Estrangin as a managing director in Paris, signalling a major push in European corporate finance. Discover the strategic move.

Blackrock Slashes 250 More Jobs in London

Blackrock, the world's largest asset manager, is cutting another 250 jobs in London. This follows a previous round of layoffs as the firm restructures its workforce. Read the full story on the latest City job cuts.

Hargreaves Lansdown names Vanguard's Benchener as new CEO

The UK's largest investment platform, Hargreaves Lansdown, has appointed Matt Benchener from Vanguard as its new Chief Executive Officer, effective July 2026. Discover the strategic move shaping the retail investment landscape.

Parmount challenges Warner Bros Discovery Netflix deal

Paramount Skydance plans to nominate board directors at Warner Bros Discovery to vote against its $82.7bn Netflix agreement and files lawsuit for financial disclosure. Read the latest on the media takeover battle.

Dimon to host Chancellor Reeves at Davos summit

JP Morgan CEO Jamie Dimon will introduce Chancellor Rachel Reeves at a key Davos roundtable, signalling strong City ties after the budget spared banks from tax hikes. Read the full story.

JPMorgan Deal Boss Eyes Middle East and Emerging Markets

JPMorgan's EMEA dealmaking head, Viswas Raghavan, outlines a strategic pivot towards the Middle East and emerging markets to drive growth, citing geopolitical shifts and capital flows. Discover the bank's expansion plans.

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