-
Hain Celestial is selling its international business to private equity. Aurelius will pay an estimated $323m for an operation containing several major UK food brands, subject to financing and regulatory conditions.
-
Sazerac has completed its acquisition of Swansea-founded spirits brand Au. Terms remain undisclosed, although the vodka and ready-to-drink business has reportedly been valued at more than £300m.
-
Revolut has confirmed customer data was disclosed to unauthorised parties. Fraudulent requests sent through a legitimate government email domain exposed sensitive information, putting verification controls and social-engineering risk under scrutiny.
-
Essar has doubled its UK forecourt network through SGN Retail. The acquisition creates a 235-site estate and advances a strategy to build an 800-location, vertically integrated fuel-retail platform by 2031.
-
Private equity bidders are circling specialist UK lender Aldermore Bank. CVC and JC Flowers have joined the field as FirstRand seeks an exit amid substantial UK motor-finance redress exposure.
-
Government and business leaders have outlined a new growth pact. Executives used Downing Street talks to raise planning, tax, energy, employment-cost, and regulatory concerns ahead of the Government’s next Budget.
-
Vista explores strategic options for London-headquartered financial software provider Finastra. A full sale, partial disposal, or industry combination is under consideration, with valuation estimates reaching as high as $12bn.
-
Government intervention puts Speciality Steel UK closer to public ownership. Ministers are preparing an acquisition after rejecting a private bid, with more than 1,300 jobs and strategically important specialist-steel capacity at stake.
-
A UK thinktank wants autonomous vehicles taxed before mass adoption. The proposal links robotaxi growth to employment disruption, congestion, and the longer-term erosion of fuel-duty revenue as transport technology changes.
-
More than 120 organisations want electricity levies shifted into taxation. The coalition says moving policy costs to the Exchequer could cut business electricity prices by up to 20% and support investment.