Canadian private equity firm Onex’s buyout of UK safety and survival equipment maker Survitec will be backed with around 300 million pounds ($457 million) of leveraged loans, banking sources said on Wednesday.
Tags: UK
Google Pixel C Specs, Features, Price, Release Date: Device To Run on Android 6.0 Marshmallow; Official UK Launch Set This Christmas
Google has recently unveiled its convertible tablet, the Pixel C. This device armed with amazing specs is expected to be released in UK.
Even Google is confused on how much value it adds to the UK economy
US tech giant Google may not be paying taxes to Britain, but according to its latest report, it is contributing a great deal to UK's economy through the digital revenue made by local businesses in that nation through the search engine.
Next Plc beats profit forecast; raises wages
Surpassing analysts' projections, UK retailer Next Plc posted better than expected results for the first half of 2015. The pretax profit rose 7.1 percent to GBP347million ($533MN) for the first half. Retail profit margins grew 14.9 percent from 14.1 percent during the previous corresponding period. The strengthening British pound also helped Next Plc improve profit margins.
Vodafone email leaks ‘New iPhone’ UK release date on September 25; Firm includes possible name of Apple smartphone
A leaked email was caught giving instructions to start accepting pre-orders of Apple’s next iPhone on September 18, revealing its release date to be on September 25. However, the instruction details only stated “New iPhone,” fuelling speculations that Apple might choose it as a name to their smartphone, instead of iPhone 6s (or iPhone 7).
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A new British tax on companies that shift profits out of the country and into tax havens will target inter-company fees for services like use of intellectual property, according to a Treasury document seen by Reuters.
Canadian buyout firm Onex Corp (OCX.TO) is in talks to buy a UK safety and survival equipment maker from Warburg Pincus LLC [WP.UL] for about 450 million pounds ($704 million), Bloomberg reported, citing three people with knowledge of the discussions.
Sharp Corp (6753.T) is looking to sell its U.S.-based solar energy development unit Recurrent Energy, Bloomberg reported on Monday, as the Japanese firm winds down its involvement in the solar industry to focus on profitable businesses.
Factory activity in Europe and Asia cooled in August after a strong July, as new orders dwindled in the face of escalating tensions in Ukraine and a patchy recovery in China, purchasing managers indexes showed.
Reports say that the reason behind the Kate Middleton pregnancy rumors is to gloss the bare butt scandal exposed recently in royal couple's trip in the Australian Blue Mountains. Insiders reportedly stated that it was Kate's PR team that launched the allegations.
iZettle, Swedish mobile company, pockets $55.5 million in a series C round led by Zouk Capital with other participants such as Dawn Capital, Intel Capital, Creandum, Greylock, Index, Northzone, and SEB.
Paris-l’hospital, France-based car rental startup Drivy secured $8.3 million (€6 million) in a new funding round with Index Ventures and Alven Capital as lead investors to fuel its expansion in Europe.
London, UK-based music streaming startup Bloom.fm announced via Twitter that it shut down right after it was banned from Apple's ad network and its sole investor, Russian TV channel TNT, pulled its fundings.
London, UK-based security firm CertiVox scored $8 million in its Series B financing from new investor NTT Docomo Ventures and previous backer Octopus Investments to expand its software-based alternative authentication platform.
