United Kingdom

Lloyds Banking Group conducts internal inquiry

An internal inquiry is to be conducted by Lloyds Banking Group as to its foreign currency trading operations after being advised by the Financial Conduct Authority to review its processes and report irregularities.


Zomato nabs USD37 million in Series D investment from Sequoia, other investors

Proceeds from Zomato's recent USD37 million funding would go towards business expansion in 22 countries, chief executive Deepinder Goyal told TechCrunch.

M/A-COM to acquire Mindspeed for UDS272 million

M/A-COM Technology Solutions Holdings agreed to purchase communications chip maker Mindspeed Technologies Inc. for USD272 million.

Experian expands to healthcare with USD850 million strategic acquisition of Passport Health

Experian said it would be buying Passport Health Communications for USD850 million. According to a statement by British credit data provider Experian, it would be acquiring Passport Health Communications.


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G4S Chief Executive Ashley Almanza had launched several company restructuring moves, including a divestment of its 35 business units.
Midatech's unique biocompatible gold-nanoparticles raised GBP10 million from investors. One of the global leaders in nanomedicine design, synthesis and manufacturing, Midatech Ltd, announced the completion of the issuance of its new equity.
The UK clothing retailer has yet released new clothing collection for women causing a drop in sales.
Clothing company Joules scored a GBP 22 million investment from private equity company Lloyds Development Capital.
HSBC experienced another rise in shares at the Hong Kong stock trading. Europe's largest bank in terms of market value, HSBC Holdings PLC (HSBA), stocks rose on its sixth week in the Hong Kong stock trading.
Prince William and the Duchess of Cambridge renovated their Kensington Palace apartment with modern amenities, reports said.
The following bids, mergers, acquisitions and disposals were reported on Monday The following bids, mergers, acquisitions and disposals were reported on Monday: BlackBerry Ltd is abandoning a plan to sell itself and instead will replace its chief executive and raise about $1 billion from institutional investors, including its largest shareholder, the smartphone maker said.
The 2013 Investec Private Equity study takes the observations of fifteen senior private equity executives and their views on the future of the market.
Merlin Entertainments was set to close its London float order books early because of the strong demand, according to a source.
The Confederation of British Industry said they are campaigning for a reformed European Union for British interests.
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