GBP/USD 1.339 EUR/GBP 0.856 GBP/JPY 197.341 EUR/USD 1.146 GBP/AUD 2.096 USD/JPY 147.404 USD/CAD 1.378 AUD/USD 0.639 CAD/JPY 106.958 EUR/CAD 1.580 GBP/CAD 1.845 AUD/CAD 0.880 AUD/JPY 94.172 AUD/NZD 1.084 EUR/AUD 1.795 GBP/USD 1.339 EUR/GBP 0.856 GBP/JPY 197.341 EUR/USD 1.146 GBP/AUD 2.096 USD/JPY 147.404 USD/CAD 1.378 AUD/USD 0.639 CAD/JPY 106.958 EUR/CAD 1.580 GBP/CAD 1.845 AUD/CAD 0.880 AUD/JPY 94.172 AUD/NZD 1.084 EUR/AUD 1.795
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News from City A.M.

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City A.M. • Jun 19, 2025

Bupa acquires first UK hospital since 2008

The purchase of New Victoria Hospital marks a strategic investment for Bupa, allowing the company to broaden its healthcare offerings and strengthen its presence within the competi...

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City A.M. • Jun 19, 2025

KKR’s acquisition of Assura gets green light from Europe

The approval from European regulators allows KKR to proceed with its £1.7 billion investment in Assura, potentially impacting the healthcare property market through increased priva...

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City A.M. • Jun 18, 2025

AO World: Record earnings after Music Magpie acquisition

AO World experienced substantial revenue and profit increases following the integration of Music Magpie and enhancements to its membership program, resulting in a significant finan...

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City A.M. • Jun 17, 2025

Flora and I Can’t Believe It’s Not Butter maker issues huge pay day

The company responsible for Flora and I Can’t Believe It’s Not Butter distributed a substantial dividend of £90 million, marking its first significant financial payout since privat...

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City A.M. • Jun 12, 2025

Wincanton: Losses double as GXO takeover decision drags on

Wincanton reported a significant increase in pre-tax losses, totaling £44.9 million for the year ending March 2024, as uncertainty surrounding a potential acquisition by GXO contin...

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City A.M. • Jun 12, 2025

Bargain Britain: UK firms under siege by foreign takeovers

Recent acquisitions by international investors and private equity groups have significantly impacted UK financial markets, reflecting increased foreign influence over domestic comp...

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City A.M. • Jun 11, 2025

Private equity giant KKR returns with final bid for Assura

The £1.7 billion all-cash acquisition of Assura by investment firms KKR and Stonepeak highlights a significant transfer of ownership away from public markets, impacting the London...

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City A.M. • Jun 11, 2025

Canadian giant swoops for London-listed Ricardo

The acquisition of the London-based engineering company by a major Canadian consultancy for £281 million highlights a significant foreign investment impacting the valuation and own...

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City A.M. • Jun 09, 2025

Energy services giant returned to profit before $1bn takeover

Prior to its acquisition valued over $1 billion, the Aberdeen-based energy company achieved a pre-tax profit of $4.4 million and generated numerous employment opportunities during...

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City A.M. • Jun 09, 2025

Alphawave reaches deal on Qualcomm takeover

The agreement for Qualcomm to acquire Alphawave highlights a major transaction in the semiconductor industry, signaling significant investment shifts and potential market changes w...

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City A.M. • Jun 04, 2025

Estate agency Foxtons targets commuter towns in drive for growth

Foxtons plans to increase its profitability by expanding into areas near London, utilizing technology advancements, and strengthening client relationships to capitalize on growing...

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City A.M. • Jun 02, 2025

Yo! Sushi loses over £20m as costs rise

The recent financial statement indicates a significant deficit exceeding £20 million for Yo! Sushi during the period surrounding its acquisition, highlighting increased operational...

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City A.M. • May 27, 2025

Is Natwest set for a deal spree after privatisation?

Following the end of government ownership, Natwest could pursue numerous acquisitions, potentially impacting its market position and shareholder value as it transitions back to a f...

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City A.M. • May 22, 2025

Tate & Lyle lifts profits as CP Kelco deal kicks in

Tate & Lyle reported improved earnings and increased free cash flow for the fiscal year ending March 2025, benefiting from the incorporation of its $1.8 billion purchase of an ingr...

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City A.M. • May 16, 2025

Org Group acquires UK tech recruitment firm in global expansion

The acquisition of the Manchester-based recruitment company enhances Org Group’s international reach and service offerings, potentially increasing revenue streams and market compet...

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City A.M. • May 14, 2025

Couhig buys Reading from Yongge after EFL approval

The acquisition of Reading FC by Redwood Holdings, following regulatory approval, is expected to stabilize the club’s finances and support future operational improvements after pre...

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City A.M. • May 14, 2025

How Steven Bartlett’s first Dragons’ Den investment collapsed

The initial investment made by Steven Bartlett on Dragons’ Den experienced a significant downturn but was later acquired by another company, highlighting the financial challenges a...

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City A.M. • May 14, 2025

CMA to investigate Aviva’s £3.7bn Direct Line deal

The regulatory review of Aviva’s proposed £3.7 billion purchase of Direct Line aims to assess potential market impacts that could affect competition and consumer choices within the...

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City A.M. • May 06, 2025

Deliveroo reaches agreement on £2.9bn DoorDash takeover

The arrangement will result in Deliveroo being acquired by DoorDash for nearly £2.9 billion, providing shareholders with a substantial premium compared to recent market valuations...

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