European telcoms group Lebara explores sale
London-based company has been a winner from the squeeze on consumers across Europe
Mergers & Acquisitions
The final Credit Suisse postmortem
Plus, music royalty calculations come under scrutiny and new details of Microsoft’s partnership with OpenAI
Mergers & Acquisitions
Alibaba chief takes direct control of under-pressure Chinese ecommerce business
New group CEO Eddie Wu is now chief executive of cloud and online retail divisions as well, as major restructuring continues
Ecommerce
Nippon Steel’s US bet could be ‘catalyst’ unleashing Japan M&A wave
The $14.9bn takeover comes as the country’s cash-rich corporations return to global markets
Mergers & Acquisitions
Anthropic/AI: safety first mandate does not eclipse unusual set-up
Start-up has a ‘benefit trust’ that oversees some seats on its board and does not answer to investors
Artificial intelligence
Spain to buy 10% share in Telefónica in response to Saudi stakebuilding
Madrid issues order for purchase to provide ‘shareholding stability’ for national champion
Mergers & Acquisitions
UK financial regulator says listing rules overhaul could lead to more failures
Financial Conduct Authority sets out proposals aimed at encouraging companies to float in London
Financial & markets regulation
Nippon Steel takeover of US Steel faces opposition in Washington
Republican lawmakers demand probe into deal while Pennsylvania senator vows to block it
Mergers & Acquisitions
Turkish brewer to acquire AB InBev stake in Russian joint venture
Anadolu Efes will not pay for the share, valued at up to $1.3bn, with western companies continuing their difficult exit from Russia
Mergers & Acquisitions
Odey Asset Management says FCA ‘will not be taking any action’ after closing probe
Crispin Odey remains under investigation by the UK’s financial watchdog
Financial & markets regulation