Struggling Gam’s board to step down after failure of Liontrust deal
Activists who disrupted deal will put forward new board at September EGM
Mergers & Acquisitions
UK flight disruption will take ‘days’ to resolve after air traffic glitch
Civil Aviation Authority to probe cause of failure as airlines work to restore services
Travel & leisure industry
The loan with the 545% interest rate
Aggressive tactics are seeping into bankruptcy financing
Mergers & Acquisitions
High hopes, rocky realities: Europe’s new banks struggle to grow up
Funding bonanza has come to an end with interest rate rises and doubts about profitability, controls and culture
Fintech
High hopes, rocky realities: Europe’s new banks struggle to grow up
Funding bonanza has come to an end with interest rate rises and doubts about profitability, controls and culture
Fintech
Can China arrest the renminbi’s slide?
Currency has fallen 5% this year but investors expect further declines
Central banks
Brazil’s Natura considers Body Shop sale
Beauty conglomerate has struggled to turn around UK ethical skincare brand
Mergers & Acquisitions
Standard Chartered exits aviation leasing and financing sector
Banking group sells $4.5bn in assets and loans in deals with Saudi state-owned group and company backed by Apollo
Mergers & Acquisitions
PureHealth buys UK hospital operator Circle in $1.2bn deal
UAE-backed healthcare provider’s move is latest example of Gulf country’s global acquisition drive
Mergers & Acquisitions
Danaher/Abcam: UK biotech went in search of US investors and found a US buyer
Industrial titan to acquire Cambridge company for $5.7bn
Mergers & Acquisitions