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UK M&A activity spans bread, LNG, and aerospace this week. Deals include ABF’s planned Hovis acquisition, Centrica’s LNG investment, Evelyn Partners’ sale plans, Boeing’s merger clearance, and EG Group’s international divestments.
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Diginex to acquire Findings in a $305 million transaction. The acquisition aims to enhance Diginex’s technological capabilities and cybersecurity prowess, integrating Findings’ expertise in AI vendor risk management and cloud security, thus expanding its footprint in the cybersecurity sector….
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Apollo to acquire Kelvion from Triton in strategic deal. Global investment manager Apollo will acquire Kelvion, a German thermal management firm, from Triton. Kelvion is poised to address trends in data centre cooling and green technology….
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HMRC confirms AI use in monitoring taxpayers’ social media accounts. The tax authority employs AI tools for analysing online posts in criminal tax fraud cases, raising concerns among MPs about potential errors due to automated systems.
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Lyten acquires Northvolt’s key assets to boost battery production. Lyten plans to restart operations at Northvolt Ett and Labs in Sweden and is working with the German government to establish a new facility. The acquisition is fully funded by private equity and expected to close this year….
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More than 10,000 hotels are suing Booking.com over “abusive practices”. The class action alleges years of restrictive pricing terms that eroded hotels’ margins and autonomy — an escalating battle over platform power and marketplace fairness.
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Insurance generates data at an extraordinary scale every day. But for all its analytical muscle, most insurers remain constrained by legacy systems and siloed data environments. Rory Yates, Global Head of Strategy at EIS, argues that industry growth requires reimagining how data is managed, shared, and operationalised.
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Bank of England cuts rates, but inflation remains a threat. The narrow vote and latest projections signal a longer period of above-target inflation, with the Bank’s policymakers split and business leaders now facing a more uncertain path to normalisation.
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Wireless Logic completes its first US acquisition, targeting IoT growth. The purchase of Zipit Wireless marks a strategic expansion for Wireless Logic, adding advanced multi-tier billing capabilities and a direct North American footprint as enterprise IoT markets mature.
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Blackstone to acquire Enverus in a strategic energy sector move. Enverus, an energy-focused SaaS platform, is set to be acquired by Blackstone, enhancing its growth in AI-driven energy solutions. The deal underscores Blackstone’s commitment to energy transition investments….
