Pepper Advantage expands with UK acquisition. Global asset servicing group Pepper Advantage will acquire Computershare’s UK mortgage servicing business, lifting its UK assets under management to £50 billion. The deal, announced on 24 September and pending regulatory approval, underscores consolidation in mortgage servicing and a push for technology-driven scale.
Spire Healthcare considers strategic options amid shareholder pressure. The private hospital group is reviewing potential business strategies, including a sale, with Rothschild & Co advising. Rising demand for private healthcare due to NHS strain has increased interest in Spire.
This week’s UK M&A activity spanned private equity, healthcare, banking, technology, and retail. From Apax Global’s £794 million delisting to Sainsbury’s collapsed Argos sale, the developments show how global capital is reshaping the UK’s investment landscape and pressing established players to adapt their strategies.
Roche has agreed to acquire 89bio for up to $3.5bn. The deal gives the Swiss drugmaker access to 89bio’s late-stage FGF21 therapy pegozafermin, positioning Roche to expand in liver disease and cardiometabolic treatments. The agreement includes cash and contingent value rights tied to future milestones.
Anglo American and Teck agree to a $53 billion merger. London-listed Anglo American will merge with Canada’s Teck Resources to form Anglo Teck, aiming to capitalise on copper demand while promising synergies. The move drew mixed reactions in the UK amid concern over the new entity’s Canadian base.
Electric Hydrogen acquires Ambient Fuels, partners with Generate Capital. The acquisition and partnership aim to meet increasing demand for clean hydrogen. Electric Hydrogen’s collaboration with Generate Capital will reduce hydrogen project costs and provide comprehensive development and financing solutions….